Residential, US Real Estate

Baby boomers are refusing to budge

By Mike Wheatley | May 24, 2019
Baby boomers are increasingly choosing not to downsize their homes in retirement, according to a report by USA Today. Instead, many have decided to stay put in their existing homes, where they raised their families. But economists say their decisions are contributing to the problem of low inventory across much of the nation. Barbara Risman, […]
Home Buying, US Real Estate

Contrary to popular opinion, most baby boomers aren't looking to downsize

By Mike Wheatley | May 8, 2019
The common perception that retirees are thinking of downsizing and moving to urban areas might be a myth. Instead, most baby boomers actually have similar ideas to millennials and Generation Xers, a new study has found. The survey by Del Webb, a builder of active-adult communities owned by the Atlanta-based PulteGroup, found that most homeowners […]
Real Estate, Residential, US Real Estate

Baby boomers could struggle to downsize from their 'supersize' homes

By Mike Wheatley | March 26, 2019
Baby boomers who have built “supersized” homes for themselves may find it difficult to sell when they want to downsize, according to a report in the Wall Street Journal. The report adds that some sellers are resulting to steep price cuts in order to attract prospective buyers. Around 15 years ago, just before the Great […]
Home Buying, US Real Estate

Most influential factors for first time buyers

By Mike Wheatley | December 27, 2018
The idea of love at first sight is normally applied to human relationships, but the concept is also true for house hunters, according to a new survey published by home improvement website Porch.com this week. The survey of almost 1,000 consumers about their first home purchase looked at some of the factors that can influence […]
US Real Estate

Baby Boomers – Downsizing Homes but Upscaling Experiences

By Brian Kline | August 21, 2018
By continuing to spend $Trillions each year as consumers, the baby boomers haven’t finished shaping U.S. households and spending patterns.
Real Estate, US Real Estate

Generation X homeowners recover most equity since last recession

By Mike Wheatley | July 27, 2018
Baby boomers and millennials usually grab most of the headlines as the biggest movers and shakers in real estate, but Generation X’ers, the generation
Featured News, Residential

Impending Baby Boomer sell off could cause housing crash, experts warn

By Mike Wheatley | July 25, 2018
Baby boomers who’re planning on downsizing or leaving the real estate market altogether could send “shock waves” through the industry, according to a couple of new studies. Fannie Mae’s Economic Strategic Research Group said in its report that homeownership demand from younger generations is “insufficient” to replace the void being created by departing older owners. […]
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