Hat tip to daytrip: http://www.citylab.com/housing/2014/09/where-are-all-the-baby-boomers-going-to-live/379477/ An excerpt: Where are all these old folks going to go? They'd like to stay at home. Today, most older residents live in single-family homes that they own:...
Boomers
Bubble Or Sustainable?
The folks at www.1worldonline.com like to poll their audience, and last month they used a bubbleinfo.com blog post in one of their surveys. Their readers voted on this question: Is the increase in real estate value a sustainable trend? Home prices have increased...
Boomers Downsizing
As the Colorado housing market rebounds, baby boomers are becoming a key player. Housing prices are up, and interest rates are low which makes this the perfect time for many baby boomers to sell those big houses they raised their families in and downsize into much...
Boomers Cause Next Crash in 2020?
Hat tip to Drum Bob for sending this in on boomers - an excerpt: According to data from the American Housing Survey, from 1989 and 2009, 80 percent of new homes built in that era were detached single-family homes. A third of them were larger than 2,500 square feet....
Housing-Inventory Shortage: Boomers
Many of the ivory-tower types are hoping to make sense of the now nationwide housing-inventory shortage, and predict the next tsunami. http://www.businessinsider.com/us-housing-inventory-shortage-2013-2 The housing inventory is at, or below, where it was in 2003-2005,...
Will Boomers Add To Inventory?
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Staying Put
A friend who lives in La Costa Valley called, and demanded an answer. Why is no one moving? We had discussed previously why the long-time owners in La Costa Valley (built in the late-1990s) aren't moving. They are busy raising families and enjoying low property taxes...
Down-Sizing
The McMansion generation is in downsizing mode. Millions of Americans age 50 and older are looking around their spacious homes and are deciding they don't need all that room anymore. The kids are gone, maybe a spouse, too. And they could really use the money from a...
The Big Fear – Boomers Selling
From cnbc.com: Baby Boomers putting their house up for sale could flood the market in coming years, while the younger generations may not be interested in buying, a new report says. "It's already happening in some states like Michigan," says Rolf Pendall of the Urban...