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As Older Adults Retire, Housing Affordability Poses A Challenge
As the first wave of baby boomers turns 65, they find themselves facing the daunting obstacle course of retirement. Complicated by reduced medical care benefits and diminishing wealth as a result of...
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Baby Boomers May Need a Birth Certificate to Buy a Home
In the compliant world of securing a mortgage these days, explanations and full supporting documentation are now considered to be the “norm”. Lenders must validate a borrower really is who they say...
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Boomers and Engineers a Good Sign for Housing Markets
Metropolitan areas that are home to larger populations of math and science professionals and baby boomers are bucking the usual seasonal trend of a real estate slowdown as summer ends, realtor.com®...
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10 Markets Where Baby Boomers Will Be Buying
Observing the migratory patterns of baby boomers is a recurring theme in real estate research. Where this large generation winds up will affect real estate, local economies and the cost of living. The...
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Why Mortgage Debt Threatens Boomers’ Retirements
A new study finds that, by many measures, debt levels among Americans age 55 and older continue to climb, putting millions of families—and their homes—at risk. The report, “Debt of the Elderly and...
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Kick Back in One of These Affordable Homes in the 25 Best Cities for Retirement
When it comes to places to spend your golden years, Pittsburgh, PA, Fargo, ND, and Lincoln, NE, may not be the first cities that come to mind. But they’re just a few of the hot spots on Forbes’ annual...
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Retirees Who Opt to Keep Mortgage Payments
Maybe their parents paid off the house before retiring, but many baby boomers today say it makes more sense to carry a mortgage. The game-changers: low interest rates and high stock-market returns....
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Upsizer Uprising: Why Some Retiring Boomers Want Bigger Houses
PeskyMonkey/iStock It’s easy to live in a small house when it’s just you and your partner and you’re both at work during the day. But when it’s time to retire and you’re both spending more time at...
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Homeowners Get Ready to Age in Place
Bill and Betsy Owens Bill and Betsy Owens recall the growing concerns they had about their house—built in 1876—in Powell, Ohio. They loved the 12-foot ceilings, the circular stairway and the formal...
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Gen Xers Hit Hardest by Low Homeownership, but All Age Groups, and...
Reality Bites, courtesy Universal Pictures The American homeownership rate dropped to 64.5% last year, and, no, there’s no prediction of an upturn. It descended even further in the first quarter of...
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Friends and Family Will Beg to Stay in These Stylish In-Law Units
Method Homes The mother-in-law apartment was once a humble space, quietly stacked above the garage. But as the Silver Tsunami gets closer to shore—72 million Americans will be over 65 by 2030—and the...
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Forget Sun City, Meet the Retirement Community of the Future
Victory at Verrado via Facebook Today is National Senior Citizens Day, on which we celebrate our grandparents, our parents, and, for the 45 million-odd of us over 65, ourselves. That number will be 84...
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Is It Time to Downsize? Ask Yourself These 4 Questions First
GraphicaArtis/Getty Images When is the right time to “rightsize” to a home that’s better suited to your needs? Well, if you’re in the 60+ crowd (or have a parent in that demo), there are plenty of...
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Millennials, You’ve Got Housing Competition—From Your Parents
House: Mike and Heidi Canada/iStock; people: Ljupco Smokovski/iStock Hey, millennials, there may be way more of you than there are baby boomers, but that doesn’t mean you’ll beat the oldsters in the...
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Home Flipping Returns, Slightly Different From Before
Aleutie/iStock House flipping is back—and you thought that was so 2007! Sure, the trend declined after the real estate market crash in 2008, came back a bit, and sagged again just last year. But the...
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U.S. May Not Be Able to House Booming Senior Population
As the largest generation in U.S. history approaches senior adulthood, the country is ill-prepared to meet the senior population’s needs, according to a new report from Harvard University’s Joint...
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Infographic: Housing America’s Older Adults
The high cost of housing will hit hard among older people as their needs increase and their income decreases, according to a new report on housing America’s seniors. See the infographic on key...
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See Where Boomers Are Moving in the U.S.
As their assets begin to regain value, baby boomers are seeking more for their money in lower-cost markets—causing a ripple effect in the housing market, an analysis by online real estate company...
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Pie Chart, Meet Billboard Chart: The 4 Songs That Sum Up Housing Trends Right...
Most people expect an economist to be deeply into data visualization—bar graphs, pie charts, etc.—and that certainly applies to me. I’m always at the ready with dozens of current charts to talk about...
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Baby Boomers Are Messing Up Home Buying for Everyone Else
Cultura RM Exclusive/yellowdog/Getty Images If you’re trying to buy a home for your growing family but find that the pickings are slim, now you’ve got someone to blame: baby boomers. The Washington...
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