It's happening throughout the county, and probably throughout the country. Everywhere you go, the majority of home sellers are older folks leaving the family homestead, or long-time residence.
Boomalution
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Boomer Liquidations
Will The Real Estate Bubble Pop Again?
Our local home prices have risen so quickly that it feels like we're in 'bubble' conditions again - could the bubble burst this time? The last two times the real estate bubble has popped, it was due to banks having to offload their foreclosed properties for whatever...
Boomers Holding On
Are you getting the feeling that our low-inventory conditions are here to stay? Our local Case-Shiller Index has risen 59% since April, 2009, and fewer people are selling? Instead, they appear to be riding into the sunset. Consider these boomer stats from wiki: 60%...
McMansion Report
They are re-hashing an old 2016 article here, and I'd like to add: Homebuyers want quality at a fair price - that's all. http://www.businessinsider.com/death-of-suburbia-series-overview-2017-3 An excerpt: The cheaply constructed mansions of old are plummeting in value...
Cleaning Out the Parents’ House
This can be overwhelming, and everyone puts it off as long as possible. Start early, and heave at will - note the last paragraph below. 8 Tips for Home Unfurnishing What else can you do to avoid finding yourself forlorn in your late parents’ home, broken up about the...
Move While You Are Younger
There are already people who have decided to buy and/or sell this year, and to those folks I'll say in advance - congratulations, and I'd like to help you! I'd like to reach out those who are thinking of putting off the move for another month or year. Here are reasons...
Are Boomers Ill-Prepared?
The baby boomer generation is huge, roughly 78 million Americans born between the years of 1946 and 1964. The oldest are just turning 70 and the youngest are just 52 (and usually denying that they are even baby boomers.) It’s a big spread. But one thing they all have...
More Boomers Retiring
It's inevitable that as more boomers retire, the more we'll see those lightly-maintained-and-home-depot-upgraded houses hitting the market. Hattip to daytrip for sending this in: https://www.bloomberg.com/news/articles/2017-01-06/older-americans-are-retiring-in-droves...
San Diego County Annual House Sales
Let’s compare the San Diego County Home Sales in 2016 to previous years.
Boomers Retiring Abroad
Newly widowed, Kay McCowen quit her job, sold her house, applied for Social Security and retired to Mexico. It was a move she and her husband, Mel, had discussed before he passed away in 2012. "I wanted to find a place where I could afford to live off my Social...
