What's Possible?

Household Formation: What The Future Holds

This is the discussion I’m having with my clients right now: 

2035… between 2035 and 2045, the U.S. is projected to experience the lowest rate of household formation in 100 years.

Why does this matter? Household formation is the engine of economic demand. It drives the need for new housing, furniture, appliances, cars, and a whole host of services. A slowdown here isn’t just a blip; it’s a fundamental recalibration.

Two powerful demographic waves. One is the “Silver Tsunami”: the massive Baby Boomer generation (born 1946-1964) entering their 70s, 80s, and beyond, vacating homes and demanding more healthcare. The other is the smaller, tech-savvy Gen Alpha, just beginning to form households.

What's Possible?

Want help applying this in your brokerage? Book a 30-minute conversation with Mark at calendly.com/mjsession.

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Mark D. Johnson

Mark D. Johnson, MBA, is Managing Partner of Recruiting Insight and the former CEO of the nation's 35th largest brokerage firm, which he grew roughly fivefold to $8 billion in annual sales. A real estate broker since 2000 and a California licensed broker, he is adjunct faculty at Chapman University and South Orange County Community College District, and author or co-author of six California real estate textbooks and the book Up In Your Business. He coaches broker-owners, managers and recruiters on recruiting, retention and leadership.

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