Some disagree with my idea that, while the majority of baby boomers will be fine, there will be a group that is financially restrained and will need to sell their house. Richard Green is a USC ivory-tower guy, so he obviously knows his stuff. He chimed in on twitter,...
This survey is dated 2014, and they should update it every year - or at least until I'm right about having a boomer liquidation sale coming down the pike! This survey asks several different questions, but notice how 20% to 30% of the responses seemed to divulge some...
The baby boomer liquidation sale has failed to materialize....so far. Boomers are holding onto their old homes longer, and living the good life instead: LINK Baby boomers are not leaving the homes they own to settle into apartments, as housing economists had...
The baby boomer liquidation sale isn't panning out just yet. There are boomers buying a bigger homes to house multiple generations, and there are those who want to enitce more visits from the grandkids. From nbcnews.com:...
Did everyone have a nice day off? Great, let's get back at it! From John Burns: http://www.realestateconsulting.com/blog/john-burns/big-idea-2015-rethink-your-business-due-retirement-surge More people were born in the 1950s (41 million) than in any other decade, and...
Doesn't there have to be a segment of baby boomers who are looking for adventure, and want to head out on the highway? If so, will the warmer-climate San Diego be a net gainer, or loser? If there is a senior exodus to free up money and lifestyle, it would make sense...
From MND: http://www.mortgagenewsdaily.com/10312014_aging_housing.asp An excerpt: A survey of attitudes toward housing released on Thursday by The Demand Institute indicates that the Baby Boom generation still has no intention of aging gracefully. In fact, when it...
We've explored a few of the alternative groups of potential sellers, but none are emerging as major contributors. In a 'normalizing' market, it means we are back to the Big 3 sources of new listings; Death, Divorce, and Job Transfer. Carmel Valley doesn't have much...
Though we have reverse mortgages available, you can't help but think we'll be enduring a baby-boomer housing liquidation sales event over the next 10-20 years. I think it's already underway, and disguised as those wanting to "downsize and travel a bit". Hat tip to...
From John Burns: http://www.realestateconsulting.com/ It's here. Every month, more than a quarter million Americans are turning 65. Almost 80 million Baby Boomers, born over a span of 19 years, are shifting gears towards retirement...or whatever else is next. Here...
