by Jason Richardson | Oct 9, 2020 | Baby Boomers, For Buyers, For Sellers, Interest Rates, Senior Market
Every day in the U.S., roughly 10,000 people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking to settle into for...
by Jason Richardson | Feb 6, 2020 | Baby Boomers, Demographics, For Sellers, Generation X, Senior Market
A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a...
by Jason Richardson | Jan 18, 2020 | Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Infographics, Millennials, Pricing
Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have...
by Jason Richardson | Jun 30, 2019 | Baby Boomers, Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers
Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks as an investment. Of the 4 listed,...
by Jason Richardson | Jun 6, 2019 | Baby Boomers, Demographics, For Buyers, For Sellers, Housing Market Updates
If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too...
by Jason Richardson | May 21, 2019 | Baby Boomers, Demographics, For Buyers, For Sellers, Housing Market Updates, Senior Market
Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point!...