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Housing market for retiring baby boomers exploding in western Port St. Lucie Mortgage Masters Group 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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So, what’s stopping you? For most people who have never owned a home before, it’s the initial down payment and the ability to keep up with the monthly financial obligations (mortgage payment, insurance, utilities, maintenance). The effort to save for and buy a home may require you to make significant changes in your way of life.
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