Maybe you don't have to worry about where to move - just float around! H/T Daytrip! Retirement has often been synonymous with quietly living out your golden years in a sunny climate. But for a more adventurous breed of retirees, the end of work life opens a door to a...
OK, OK, Jim, it does sound like a good time to us to sell and move. But where would we go???? Check out my lists of ideas here (also found in right-hand column): https://www.bubbleinfo.com/general-information/where-to-move/ P.S. Never put a bandstand on the infield!...
The low-inventory conditions have several contributing factors, one of which is the Prop 13 cap on property taxes. The long-time owners sure don't want to pay what would be much-higher taxes if they move up, thus the turnover has slowed considerably: Moving down,...
Our local market has been solid as a rock, and we know that banks have quit foreclosing. Could we ever have another distress sale - a seller who doesn't hold out for their price, but instead takes less in order to cash-out and go? Can we predict who might take a...
The Baby Boomer generation began in 1946, after World War II. Those born prior to 1946 are now at least 70 years old, and hopefully well off. I'm not expecting the Matures to have any need for liquidation. Their houses were paid off long ago, and though their income...
The baby boomers who are comfortably on their way out will ignore my rantings about the potential for boomer liquidation sales. My concern isn't because some boomers are over-encumbered, it's because they are encumbered enough that the debt will force them to make...
The author calls for a better look at how baby boomers impact the housing market, which is great. Talk to realtors who work the street - we are the ones who have the direct one-on-one contact with buyers and sellers....
The CAR has been publishing goodies for realtors to use on their blogs - you may have seen them? The part in the red circle is what I'd like to address. My biggest concern coming down the pike is boomer liquidations. The above graphic isn't boomers only, but they...
The building industry is selling more new homes, but their focus is on the higher-end markets, and not much is happening for the middle class. KPBS found a guy to whine about it on camera; but it's a free market, and rich people are winning. It's not going to change...
The property-tax basis of your primary residence and other properties can be transferred to your children, or in some cases, your grandchildren: http://www.boe.ca.gov/proptaxes/faqs/propositions58.htm#1 What are Propositions 58 and 193? Proposition 58, effective...
