A good article that examines how baby boomers and millennials are competing for their housing needs - read the last two paragraphs below: In South Carolina, baby boomers elbowed out entry-level buyers to snap up single-story floor plans at Riverwalk, a bike-friendly,...
Laker Joe's new listing in Vista's Shadowridge is a good example of matching a curious floor plan with an attractive price: http://www.zillow.com/homedetails/2442-Eagle-Crest-Ln-Vista-CA-92081/16664789_zpid/
It's not easy to downsize, especially into a decent one-story house - there aren't enough one-story owners who want to sell! But there are some good opportunities if you are willing to leave the coast. Sell your coastal big bombers and go inland just far enough that...
Baby boomers have all the money, and are downsizing everywhere - who are the buyers of the future? People who inherit or get gifts from baby boomers. From HW: http://www.housingwire.com/articles/37391-freddie-mac-what-baby-boomers-want-in-their-next-home Many Baby...
The first posting in this series was on December 12 – let’s check in occasionally to see how long recent sellers owned their home before they sold it. Here is the third review of the NSDCC detached-home sales - these are sales that have closed so far in June, 2016:...
From our friends at John Burns Real Estate Consulting: http://realestateconsulting.com/the-retiree-surge-is-here/ Only 10 years ago, 2.2 million people were turning 65 each year. That number has surged to 3.5 million this year and will grow to 4.2 million in 2025!...
Hat tip to daytrip for sending in this information on granny pods, which are fully-contained housing units you can put in your backyard: http://www.lifedaily.com/with-a-granny-pod-grandma-can-live-in-your-backyard/ The company's website has pods as low as $39,625:...
The population of aging baby boomers in California will double by 2050. Downsizing will be a hot topic, and one-story homes will be very popular! Will we see baby-boomer communes? From the beach party movies of the 1960s to the hippies of the 1970s and Silicon...
The first posting in this series was on December 12 - let's check in occasionally to see how long recent sellers owned their home before they sold it. This is a review of NSDCC detached-home sales that closed in March, 2016: Year of Previous Sale 1st Review...
I was invited to participate on Eran Sinai's radio show today. These shows go quickly so we agreed to limit the discussion to our local market, expectations for 2016, and how to select a good agent. I mentioned during the break that it's a good thing that the blog...
