Baby Boomers Pick Eco-Friendly Second Homes and Land

By
Real Estate Broker/Owner with REAL ESTATE RESOURCES & NETWORK 209970

"Hello fellow adventurers!

Asheville Real Estate Journal reports 

Lookout! It's the Baby Boomers. And they are getting ready to head out soon! Are they looking for a second home?

This could be great news for  all of us. With talent and lots of energy they are into "un-retirement", second homes, and quality of life-  at least in Asheville(and, if you have what they want,  in your town, too.)

Watch out, though, for Baby Boomers often are reported to be: Individualistic, defiant (rejecting rules,) pragmatic, but idealistic, raised with a sense of entitlement, and (you go gang!)   unlikelyto be anything like the elderly of days gone by! !!! (four exclamation points for the BBs.)

What does all this this mean ?

Baby Boomers will start their "un-retirement"  almost any day now, with the target date said to be 2012. What does this mean to all of us across the country?  As a REALTOR, for me it means an exciting group of individuals with whom to collaborate, life stories waiting to be told, and many, many  happy closings. You probably already know this, but possibly it bears repeating. How about for you? 

The Congressional Budget  Office reports, "... baby boomers typically have higher income. . .and have accumulated  . .. private wealth. " So will they stay where they are? Will they look for second/vacation homes? Where will they go, these active lifestyle advocates with powerful means and they eye for creative pursuit? 

My predictions: Baby boomers will blast into areas that offer an attractive quality of life and a relatively low cost of living. They will live, at least part of each year, in beautiful cities and towns like Asheville. NC. They will bring their wisdom to the community, and we all will have the opportunity to learn, grow and proper as a result.

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Rainmaker
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Rob & Jeannie Steward - Realtors®
RE/MAX Advantage - Nashville, TN
We Work TWICE As Hard For You! - Ashton Group

Fantastic points Jane Anne! So many of our fellow 'baby boomer' buyers are looking for the downsizing factors and especially 'one level living'. When Eddie Van Halen had hip replacement surgery over a decade ago, I knew we were going to need a house with less stairs.   ;-)   Rock on Jane Anne!

Jun 01, 2010 02:22 PM #1
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Rob and jeannie~

YES! I am looking forward to a surge of spunky go-for-it sixty-somethings... =)

Jun 01, 2010 02:37 PM #2
Rainmaker
643,145
Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro

JANE ANNE, We are already seeing them come to our area.  Personally I think there's going to be a mass exodus from the cold north.

Jun 01, 2010 02:43 PM #3
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Marchel~

With the numbers of Baby Boomers about to retire, you may me right!

Jun 02, 2010 07:07 AM #4
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