Housing market for retiring baby boomers exploding in western Port St. Lucie » Mortgage Masters Group

A study conducted by the Joint Center for Housing Studies at Harvard University reveals that many Americans will face greater troubles before being able to retire due to decades of damage to.

Real Estate Bubbles, Corrections, and Crashes | Why Everywhere will Fall eventually But many recent innovations benefit the old. Old age and retirement look very different than they used to. Well into their 70s, many people are vibrant and mobile. Retiring baby boomers are becoming a desirable demographic who demand products and technology – especially medical innovation that enhances the quality of their lives.

Baby boomers are changing the definition of a "retirement" locale, driving migration to cities with affordable housing, recreational opportunities and robust economies.

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The 2000 Census estimated there are more than 78 million Baby Boomers born between 1946 and 1964 are living in the United States. As this group enters retirement, many economists and market analysts predict how the housing market will be affected. Baby Boomers tend to be the richest age group in terms of real estate, [.]

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myhealth.london.nhs.uk Mortgage rates have been scraping the cellar floor in recent years, bottoming out at around 3.5 percent for 30-year loans. Economics 101 says cheap money can’t last forever and, sure enough, goverment backed mortgage giant freddie mac reported last week that fixed rates jumped, now up a full percentage point, to 4.5 percent

Which cities did the most building in 2017? Mortgage Masters Group 12 Maintenance Tips to Get Your Home Ready for Spring Mortgage Masters Group Winter’s not over yet, but we can sense the thaw is ready to happen. And as the weather warms up, so does the housing market. If you’re planning to sell your home this spring, now’s the time to get it in shape for buyers. The key to getting your home sold quickly and for more money, however, doesn’t begin with changing your home.A growing number of community banks in the Twin Cities have ramped up their home loan businesses, and those moves appear to be paying off as rock-bottom interest rates stoke the market for both.