Will the day come when boomers need to sell their house to survive? The reverse mortgages have offered a solution for some, but they are expensive and loan limits have been cut back recently. The general real estate market may not feel the impact of boomers running...
In September, I touched on the Big Stagnation: https://www.bubbleinfo.com/2017/09/02/the-big-stagnation/ Just talking about the GOP tax changes could slow down the market. Because the N.A.R. and others are suggesting publicly that home values could drop 5% to...
These responses point to a massive downsizing trend! From realtor.com: LINK It's all about millennials these days. Everything seems to center around these special snowflakes. But what about the original "me" generation? We're talking about baby boomers, of course....
Coming to a neighborhood near you....some day! From cnbc.com: LINK Jeff Swaney is worried about selling his 5,600-square-foot home one day. In his neighborhood south of Atlanta, demand and prices for large ranch houses like his have declined over the last decade, as...
The 2018 rankings of the Best Places to Retire are out! San Diego is ahead of other more-typical retirement towns like Charlotte, Phoenix, Las Vegas, and Denver, and the only California city in the Top 50. But there are twenty places ranked above us, so if you're...
This article adds the numbers. We need to build at least three times as many homes as we've been building to keep up with the growth - and no telling what that would do to prices, if anything:...
A surge in the 65+ population will probably prolong the market conditions we've seen lately - those are the people who got in first, and are probably settled enough that they won't be moving. But those who are relying on pensions might get a surprise, and it would...
What could really boost the market further would be if we had more new or newer single-story homes for sale. Baby-boomers would be much more likely to ditch the older two-story family estates and glide into a ready-set single story home - if there was just an easy...
Hat tip to daytrip for sending this in! LINK An excerpt: People 55 and older own 53 percent of U.S. owner-occupied houses, the biggest share since the government started collecting data in 1900, according to real estate website Trulia. That’s up from 43 percent a...
The real estate market in our neighboring Orange County has performed much like San Diego's. Here, Jon outlines the 12 differences between the bubble days of 2007, and now: http://www.ocregister.com/2017/08/06/orange-countys-housing-bubble-10-years-later/ These stats...
