2006 NAR Baby Boomers and Real Estate: Today and Tomorrow
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Baby boomers have been a driving force in many areas of the economy, culture and consumer attitudes for several decades. As the oldest boomers approach retirement in the next few years they will begin contemplating not just whether to retire, but also where they want to live in the next stage of their life. One big component of this decision is the housing choices that boomers will make as they decide whether to sell a home, relocate or invest in real estate. Get the scoop on more valuable market information in Baby Boomers and Real Estate: Today and Tomorrow. This brand new profile provides the answers in a user-friendly format, using a mix of text, charts, graphs and tables.
This Profile examines:
- The characteristics of boomers and their current housing choices
- Reasons some boomers prefer renting over owning a home
- What baby boomers expect from real estate professionals when buying or selling real estate
- Boomers’ plans for buying real estate including vacation homes and investment property
- The amenities that boomers find most appealing
- Where baby boomers would like to retire
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