According to this article 10,000 Baby Boomers per day are turning 65 years old and that will continue until 2030. This presents a very unique situation in the housing market. More and more seniors are are downsizing from their family home and looking for active adult communities. Is the real estate industry as a whole doing enough to keep up with this demand. I think that 65 is the new 50 and these folks continue to live very active lifestyles. In my area there is no where near enough active adult communities to keep up with the demand and I think we owe it to the aging population to take care of them. What can we do as a real estate industry to help? Unfortunately, I don't have an answer for this dilemma. I would love to hear what others are doing. Builders, developers, investors, I hope you see the need that is coming. At this point all I can do is help sell their home and bring them a buyer. I would hate to see great people leave their home state or neighborhood because they couldn't find the amenities the need. Let me know what you are doing?
http://www.cnbc.com/id/101326818?__source=xfinity|mod&par=xfinity
Comments(3)