Fannie Mae issued a recent article detailing that so far Baby Boomers have shown little sign in selling their homes to downsize or relocate. Is it just a matter of time before they move or is it that they are still waiting for the housing market to peak? Or could it be, as AARP found out in a survey in 2010, that nearly nine in ten Baby Boomers prefer to remain in the current residences for as long as possible? The Fannie Mae article suggests that the inevitable will be that a large enough amount of Baby Boomers will end up relocating and causing quite a stir in the housing market. Read the entire article here.
No comments:
Post a Comment