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re: Potential home buyers in the future market.
Posted on 5/20/20 at 3:38 pm to AUriptide
Posted on 5/20/20 at 3:38 pm to AUriptide
Read an article last week with an interesting take.
Baby Boomers will set a record in 2020 with divorces.
The article stated that this will lead to a plethora of family homes on the market. While at the same time creating greater demand for condos and small high end houses.
Baby Boomers will set a record in 2020 with divorces.
The article stated that this will lead to a plethora of family homes on the market. While at the same time creating greater demand for condos and small high end houses.
1
Posted on 5/20/20 at 3:47 pm to TigerintheNO
Saw that piece. It’s not necessarily an inflection point, but rather a building trend that is expected to continue on this upward trajectory. Drives demand for more units at a lower average size.
Every major city and developer has been betting on this by building massive amounts of multi family inventory near urban cores. And it’s not all just for young people. Boomers that are divorced or empty nesters selling out of their McMansions and looking for low maintenance, small spaces near lots of convenience.
Every major city and developer has been betting on this by building massive amounts of multi family inventory near urban cores. And it’s not all just for young people. Boomers that are divorced or empty nesters selling out of their McMansions and looking for low maintenance, small spaces near lots of convenience.
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