mortgages: OLDER HOMEOWNERS OUT PACE MILLENNIAL BUYERS IN MIAMI & THROUGHOUT FLA
- 12/19/18 02:45 PM
It’s no secret that Florida is the retirement capital of the country, but it still might be surprising to see that seven out of ten of the nation’s cities with older homeowners are found in the Sunshine State. We recently reported that a housing sell-off by baby boomers will potentially cause a national housing surplus, but in Miami, where inventory of affordable single family homes is already low, young families are perched to snap up homes in coveted neighborhoods with highly ranked schools. Ten thousand baby boomers reach retirement age each day, a statistic that will continue for the next 20 … (1 comments)
It’s no secret that Florida is the retirement capital of the country, but it still might be surprising to see that seven out of ten of the nation’s cities with older homeowners are found in the Sunshine State. We recently reported that a housing sell-off by baby boomers will potentially cause a national housing surplus, but in Miami, where inventory of affordable single family homes is already low, young families are perched to snap up homes in coveted neighborhoods with highly ranked schools. Ten thousand baby boomers reach retirement age each day, a statistic that will continue for the next 20 … (1 comments)
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