DIVERSITY IN PRACTICE
The clients that Orlando REALTORS® serve span all generations and ethnicities. Here’s a look
at just some of the factors that influence today’s homebuyer and seller groups.
Before 1946 1946-1964 1965-1979 1980-1996 After 1996
Silent Generation Baby Boomer Gen X Millennial Gen Z
More than half of GEN Z’ERS see
homeownership as a strong
indicator of success:
White 55%
african-american 52%
Hispanic 51%
Asian 48%
77%
67%
36%
of Baby Boomers
of Gen X’ers
of Millennials OWN A HOME
of new Millennial
homeowners anticipate
living in their homes for
more than 11 YEARS
31%
Source: National Association of REALTORS®
Asian Millennials are most likely to
plan a home purchase in the
next 12 MONTHS:
9%
Asian
8%
Hispanic
8%
African-
American
6%
White
GEN Z contains THE LARGEST
MULTIRACIAL
POPULATION
(10 %)
of any generational cohort
GEN X’ERS have the most
consumer debt, not MILLENNIALS!
One in five younger Boomers
have a multi-generational
household
of the Millennial population
is diverse, with Hispanic
accounting for the largest
(20%) group
43%
of GEN X’ERS have suffered
13% A DISTRESSED SALE
CCLLOOSSININGG O OUUTT
24 Orlando REALTOR® September/October 2018