2034 FBF: Pay Close Attention to The Millennial Demographic with Mark Fleming - Chief Economist at First American

This Flashback Friday is from episode 535 published last June 29, 2015. Mark Fleming is the Chief Economist for First American Financial Corporation. He has been a trusted voice with over 20 years of experience in the mortgage and property information business. Mark talks on the housing collapse, where the housing market is today, and why you should pay attention to the Millennial and Baby Boomer market.     Key Takeaways: Jason's editorial 6:23 Jason does the math on a high-end property in a cyclical market versus a lower-priced property in a linear market.  12:26 Owning five diversified properties is much better than owning one expensive property.   18:11 If you want to be green, be a cash flow investor. Mark Fleming Interview 20:31 Jason introduces Mark Fleming.  23:51 Before the recession, there was a lot of incentive to flip homes as oppose to buying a home to live in.  26:26 Texas, the Dakotas, and Oklahoma are considered the energy states and currently have a good real estate market.  29:01 Mark talks judicial versus nonjudicial foreclosures.  36:56 Pay attention to where Millennials want to live and where Baby Boomers want to retire.  45:26 Mark believes Millennials might marry later, but they will still have a high marriage rate.  48:16 We may see a major shift in housing when Millennials are in their mid 30s.  51:46 What should the home-ownership rate be? Mark believes 65% is the magic number.    Mentioned: http://www.firstam.com/   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

There are no comments yet.

Please log in to write the first comment.