Baby boomers are the dominant force in the housing market, leveraging their substantial net worth to make competitive offers, reshaping local real estate dynamics.
Jaclyn DeJohn emphasized that baby boomers' considerable wealth and presence in the housing market create unique opportunities for businesses, changing the landscape of buyer competition.
More retirement relocations by baby boomers not only influence their buying choices but also have a significant ripple effect on local economies and real estate markets.
Challenges such as rising home insurance premiums are weighing on baby boomers, especially those on fixed incomes who still wish to capitalize on their housing wealth.
[
Collection
]
[
|
...
]