Senior Market – Page 3

Auto Added by WPeMatico

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

By Pam Treece|2018-12-04T11:00:16-07:00December 4th, 2018|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate, Rent vs. Buy, Senior Market|

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net worth of [...]

Baby Boomers Are On the Move

By Pam Treece|2020-05-15T13:37:11-07:00July 21st, 2016|Categories: For Sellers, Real Estate, Senior Market|

According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement.As one participant in the study stated:“In retirement, you have the chance to live anywhere you want. Or you can just stay where you [...]

Previous 23