Meredith has been predicting the silver tsunami since 2023, but since it hasn't happened (yet), she is now reversing course and is saying seniors are broke and can't afford to move: Baby boomers are dragging on the housing market because most can't afford to move out...
Hat tip to CBMark to sending in this gem - it's only $599,999 and open today! The problem with the hoarder home is more than just the mess inside and outside. The hoarder home owner "harasses the children of my best friend, which is directly across the street from my...
They are saying that in the expensive coastal markets there are fewer empty-nesters, but they base that opinion on the percentages? The San Diego metro of 3.3 million x 13% = 429,000 empty-nesters sounds significant to me! Some have suggested that empty nest...
Meredith is at it again......predicting the silver tsunami. She doesn't present any evidence or data to prove it's happening or when or where it will happen. She's just getting paid for being an ivory-tower doomer: In fact, the article pretty much rebuffs the whole...
Approximately 79% of homes in the US are owned by people aged 65 and older. Aging in place is fine, but many of the more-affluent seniors are opting for luxury accommodations and paying a hefty price - and there is no shortage of demand. The better units at La Costa...
As the boomer estate sales become the dominant source of homes for sale, their buyers can expect to do some work. In most cases, there will be a lot to do! https://www.leafhome.com/wp-content/uploads/2024/01/2024_Generational-Divide-in-Homeownership-Report.pdf
Why don't more celebrities do this? They are used to being in front of the camera! Alec Baldwin’s Hamptons home, first listed for $29 million in September, 2022, has returned to the market at $18.995 million, touting the rarity that the five-acre property in...
Do you think getting old is hard? The U.S. Census Bureau released a report showing that about 4 million U.S. households with an adult age 65 or older had difficulty living in or using some features of their home. About 50 million, or 40 percent, of U.S. homes had what...
During the Yahoo Finance Invest Conference, Meredith Whitney, who accurately predicted the 2008 financial crisis and became known as "the Oracle of Wall Street," said that housing prices will fall in 2024 due to a "silver tsunami" of baby boomers who are expected to...
The author has been writing about housing for 3+ years, and has already identified the key topic. Even though the houses owned by boomers might be in superior locations, they are dated and in need of repairs and improvements. While she thinks fixers will become...
