national association of realtors: What Kind of Homes do the Boomers Want?
- 02/26/09 06:50 AM
The Baby Boomers represent the largest generation in the United States. It’s little surprise, then, that homebuilders are especially interested in what Boomers want when it comes to housing. Today, at least according to an interesting story in the Chicago Tribune, Boomers want simple, maintenance-free homes. But they absolutely do not want anything that reminds them of how old they are getting. According to the U.S. Census Bureau, there are about 76 million Baby Boomers in the United States, all born between the years 1946 and 1964. Even though these Boomers are getting older – even they can’t stop the aging … (0 comments)
national association of realtors: Foreign Buyers: An Increasing Source of Investment in the Chicago Housing Market
- 10/27/08 10:28 AM
With all the negative news surrounding the U.S. housing market, you’d think that no one would be interested in purchasing a home here. Of course, I always say not to believe the media when it comes to our housing market. Depending on where you live – say, for instance, in Chicago – the residential real estate market is still healthy. Apparently, foreign buyers know this. I recently read a story in the Wall Street Journal – which you can read here – about the growing number of Canadian buyers who are purchasing U.S. homes. In fact, according to the story, Canadians … (0 comments)
national association of realtors: Predicting An End To The Real Estate Slump
- 10/27/08 10:20 AM
I wish I could see into the future. Then I could tell my clients exactly when the residential real estate slump will end, and when housing prices will begin climbing again. Unfortunately, I don’t have this power. That doesn’t mean, though, that I don’t have my own thoughts. Personally, I think we’ve seen the worst of the housing slump already. I also think that starting next year we’ll start to see housing prices gradually begin to rise again. The real estate slump will end. Housing is too strong an investment to remain down for much longer. I’m not alone in these … (0 comments)
national association of realtors: The Bubble Burst: Have We Hit The Bottom Yet?
- 10/24/08 10:35 AM
Please visit: www.theresidentialreports.com and www.mariogreco.com. When people find out I’m a REALTOR®, they inevitably ask me one question: When are things going to get better in the housing industry? I try to tell them that if they happen to be selling or buying a home in Lakeview, Lincoln Park, Roscoe Village, Lincoln Square or any number of Chicago neighborhoods, that their local real estate market isn’t bad at all. In fact, it’s healthy. -- Image Courtesy of The New York Times -- Most people, though, don’t want to talk about that. They want to know if the residential real estate market … (0 comments)
The Baby Boomers represent the largest generation in the United States. It’s little surprise, then, that homebuilders are especially interested in what Boomers want when it comes to housing.
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