Boomers retire and California reinvents their housing, again
Retiring Baby Boomers shift California’s future direction of real estate ownership.
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Tag: Baby Boomers
Will first-time homebuyers save California’s homeownership rate?
California’s homeownership rate dropped even as the typical age of first-time homebuyers rose.
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Mortgage Concepts: What triggers repayment of a reverse mortgage?
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses circumstances that trigger repayment of a reverse mortgage.
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Baby Boomers are hogging all the inventory
No matter how you slice it, there simply isn’t enough housing to go around.
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Condos: the new homebuyer first pick
For the first time in nine years, condos are selling above asking price, indicating a homebuyer demand shift.
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Homeownership has declined every generation since the Boomers
Homeownership is the bedrock of the housing market, and it is gradually but assuredly crumbling.
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California’s low residential vacancy rates signal more construction
Residential vacancy rates – along with jobs and residential construction – declined rapidly in 2020.
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Long-term outlook: Aging Boomers to boost California’s housing inventory
Desperate homebuyers are looking to the coming tide of Baby Boomers expected to release their homes in the coming years.
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Seniors aging in place suppress inventory
More seniors are choosing to age in place. What does this mean for California’s tight housing inventory?
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Baby Boomers delay downsizing
Is this age group exacerbating the low inventory situation by staying put well into their golden years?
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Retirees shun areas with high home prices
Home prices flow with the presence of workers.
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Rising Baby Boomer and young adult populations look for home; Monthly Statistical Update (August 2018)
California’s growing population in search of housing; Homeownership strongest among older generation; First-time homebuyer population rises, homeownership remains down
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Millennial homebuyers opt for more space
More than half of Millennials want a home with more space.
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