Will Las Vegas 55+ Communities Re-Invent and Re-Boom?

By
Industry Observer with Impute Marketing

In the “old days” (meaning when there was a decent housing economy) developers used to refer to three distinct niches within the 55+ market:

  • the Go-Gos – these were the classic empty-nesters who were so overjoyed that their children had left home that they wanted to dump the massive family home for a huge profit in exchange for a cheaper and trendy activity-based home with (maybe) a guest room – and they used the excess money to have fun
  • the Slow-Gos – after 10 to 15 years of Go-Go bliss, the Slow-Gos were weary and decided they needed a condo and perhaps some services – they wanted a luxury interior-based condo with zero maintenance and an environment to hang out with friends
  • the No-Gos – this segment of the market was a highly specialized care facility where everything was taken care of – the proverbial “old folks home”

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Vegas REALTOR

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Nevada Clark County Las Vegas
Tags:
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Rob Flitton

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