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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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May 15, 2003

What do senior boomers want?

The statistic would give any lender pause, but Jack Haynes chose to point to the big picture.

Haynes, the executive vice president of the National Builder Division at Dallas-based Countrywide Home Loans, said there was an enormous opportunity with homebuyers age 50 and older, despite a recent survey indicating that 60 percent of those buyers would prefer to pay cash for their next home.


 
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