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Real Estate
The Real Estate Adviser |
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June 9, 2005
The Real Estate Adviser: Boomers have more surprises for builders
By TOM KELLY
Special to the Journal
Special to the Journal
Baby boomers and recent retirees have surprised the housing industry again . . so what else is new?
Just two short years after a comprehensive survey showed that 60 percent of home buyers over age 50 preferred to pay cash for their next home, more and more of them have showed up at mortgage offices seeking to leverage their most precious asset.
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Previous columns:
- The Real Estate Adviser: Selling to boomers? Shift your strategy, 06-02-2005
- Tom Kelly: Deferring your gains? Thank T.J. Starker, 05-26-2005
- The Real Estate Adviser: New wrinkle in sales: the reverse exchange, 05-19-2005
- The Real Estate Adviser: Cash-out can leave seniors in the lurch, 05-12-2005
- The Real Estate Adviser: How to finance a home in Mexico, 05-05-2005
- The Real Estate Adviser: Coming to a resort near you: condotels, 04-28-2005
- The Real Estate Adviser: Local builder reflects on his success on Maui, 04-21-2005
- The Real Estate Adivser: Selling? Consider a charitable trust, 04-14-2005