Tag: baby boomers
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“The Senior Living Market Can’t Keep Up With Demand”: A Deed May Be the Best Senior Living Plan
In a recent issue of the CNBC Property Play newsletter, Diana Olick wrote that older adult living is “on the edge of a boom — a baby boom, to be exact.” Between today and 2030, more than 4 million baby boomers will reach the age of 80. Can active adult and assisted living properties climb…
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The Bulk of U.S. Home Deeds Are About to Be Passed Along. Millennials, Are You Really Ready?
A Realtor.com survey is out, showing 23% of millennials feeling ready to buy a home in the next six months. This is an interesting turn in attitudes. And it only appears with millennials. Just 15% of their generation felt ready in late 2024. If you happen to be a millennial getting ready to buy —…
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The Compass Real Estate Company Is About to Open a New Division Just for Boomers
Compass is launching a new division to guide and serve senior clients. The agents who sign up will be certified by the Society of Certified Senior Advisors. Here’s the latest.
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A “Silver Tide” of Boomers Will Pass Their Deeds Along — And It’s Rolling
Freddie Mac is planning for nine million baby boomers to let their homes go — gradually. Freddie Mac’s recent analysis predicts just 300,000 boomer-owned homes will be released to the market this year. Larger numbers will follow, though, increasing year by year. Freddie Mac’s report shows the silver tide has begun to roll. Expect the…
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A New Generation of Renovators? Boomer Sellers Are Putting Younger Buyers to Work.
Some interesting findings came out this year: Leaf Home, a company focused on accessibility and upgrades, together with market researchers at Morning Consult, warn of a looming burden for younger generations. Our aging U.S. housing stock will depend on buyers to carry out repairs. The silver lining for these put-upon home buyers? At least fixer-upper…
