baby boomers: All-Cash Real Estate Sales and Home Buyers
- 02/24/23 10:29 AM
All-Cash Real Estate Sales and Home Buyers Denise Lones here and welcome to this week's Zebra Report. Today I want to talk about all the cash sales that are all over the place. I talk to agents every single day, agents who are in Washington State, Arizona, Nevada, Florida - you name it! - and they are all saying the same thing, "There is an awful lot of cash out there today." So, this is an update on one very important place that this cash is coming from. First and foremost, it's important to understand that the share of new … (0 comments)
baby boomers: The Changing Face of Real Estate: 2017 and Beyond
- 08/11/17 04:44 PM
The Changing Face of Real Estate: 2017 and Beyond Real estate has been through so many changes over the past 10 years and there are more to come. If we take a good look at how our population is aging and changing you can easily forecast some changes ahead. In this two-part series we will look at the top 10 changes and trends the real estate industry will experience in the next few years to come. Baby Boomers Double Down on Real Estate Baby Boomers are coming into some cash in the way of inheritance money and they are investing … (0 comments)
baby boomers: Millennials Out Number Baby Boomers: Big Changes are Coming
- 06/16/17 12:39 PM
Millennials Out Number Baby Boomers: Big Changes are Coming Baby Boomers are born between 1946 and 1964 while Millennials are those individuals born between 1982 and 2000. They have now officially outnumbered the Baby Boomers and this is creating some interesting shifts and demands in the real estate market. If you are helping Millennials to buy or sell in this market there are some things that you need to know. Here are some interesting facts about Millennials: 81.3 million – There are currently over 81 million Millennials living in the United States. They have now outnumbered the Baby Boomers. … (5 comments)
baby boomers: Multi-Generational Homes: Big-Time Demand!
- 01/15/16 03:33 AM
Multi-Generational Homes: Big-Time Demand! Multi-generational homes are increasing in demand across the country. First I want to explain what a multi-generational home is: It is a home that can have multiple families living under one roof in separate spaces. A multi-generational home could house a married couple caring for an older parent, a grandparent living with an adult grandchild, or even Baby Boomers living with adult children who have moved back into the home. The demand for multi-generational homes has risen in the last few years, partially due to the recession and its impact on the nuclear family. Families … (1 comments)
baby boomers: Aging in Place: What You Need to Know
- 08/14/15 05:31 AM
Aging in Place: What You Need to Know Every year when I do my annual predictions I make a prediction on home renovation activity. It is no secret to anyone who has read these predictions that I have been predicting record high renovation projects to be started and completed in the next five years. The reason for this is very simple, people are making the decision to "age in place." What this basically means is that many people, specifically Baby Boomers, are taking a good hard look at renovating versus selling and having to buy again. For some it … (3 comments)
baby boomers: Generational Housing Needs and Their Effect on the Market
- 02/17/15 05:15 AM
Generational Housing Needs and Their Effect on the Market There are four distinct generations that are changing the types of homes in demand today. They include these generations: The Silent Generation: born 1925-1945 Baby Boomers: born 1946-1964 Generation X: born 1965-1980 Generation Y: born 1981-2000 Each of the generations have very specific housing needs which require updated floor plans. This is creating both challenges and opportunities in the real estate industry. These new demands for specific space include more storage and work space, outdoor living spaces, and guest or extended family guest quarters (next generation living space). The demand for remodeling has … (2 comments)
baby boomers: Generational Differences in Housing
- 01/09/15 01:40 AM
Generational Differences in Housing As a real estate professional your job is to know your market and to know your clients. Understanding the needs and preferences of buyers today is critical in providing exceptional service to your clients and making their home-buying experience an effective and pleasant one. The two buyer groups that are dominating the buyer market pool are Baby Boomers and Generation X, with Millennials coming on strong to the home buyer scene. Baby Boomers born 1946 – 1964 Generation X born 1965 - 1980 Millennials born after 1980 Knowing who you are working with and their … (5 comments)
baby boomers: New Construction: 5 Trends You Need to Know
- 08/26/14 02:26 AM
New Construction: Trends You Need to Know As real estate professionals we are trained to keep a very close eye on changes in the housing marketplace. But we also need to pay particular attention to what is happening in the world of new construction, as construction trends can have a dramatic impact on the housing market. Here are five important trends we've seen recently in new construction that you may find interesting. House Size Decreases When the real estate market is booming house sizes seem to increase because builders and home buyers have more confidence. When the market struggles, the size … (1 comments)
baby boomers: The Changing Face of Real Estate: Lifestyle Housing
- 02/28/14 02:25 AM
The Changing Face of Real Estate: Lifestyle Housing Today brings us to part three in our series on the changing face of real estate: lifestyle living. To access the other two weeks please click here: Part 1: Micro-Housing and Part 2: Generational Housing. This final, and probably the most important, topic in this series on how real estate needs are changing shows how housing needs are changing dramatically due to lifestyle choices. In particular, Baby Boomers are really taking initiative when it comes to housing and they are not afraid to name and claim what they really want - … (0 comments)
baby boomers: The Changing Face of Real Estate: Generational Housing
- 02/24/14 02:34 AM
The Changing Face of Real Estate: Generational Housing The housing needs of the multiple generations living today is changing the face of real estate and new construction. The way we used to live 20…30…40 years ago is not the way we live today … or will in the future. Each generation is demanding a different type of home and a new way of living in that home which then requires an updated floorplan, creating both challenges and opportunities in the real estate industry. Challenges such as needing different storage spaces, outdoor living spaces, working spaces, and public spaces are … (7 comments)
baby boomers: Baby Boomers & New Homes - Irresistible Attraction
- 03/22/13 08:42 AM
Baby Boomers & New Homes - Irresistible Attraction Baby Boomers are individuals born between 1946 and 1964 - and they are a very important part of the new home industry due to their strong buying power. Not only have they worked for many years and have equity in their existing homes, but they also have inherited the largest passing down of wealth from their parents. Most of the Baby Boomers' parents were from either the Silent Generation or the GI Generation - both generations of savers. That strong saving ethic has translated into wealth being passed down to Baby … (3 comments)
Join Denise Lones each week as she looks at the world of real estate and the world at large from customer service to the importance of listing presentations in a one-on-one style. Denise has more than 20 years of experience as a successful agent, broker, trainer and coach. Denise is someone in the know when it comes to real estate.
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