NEWS for BABY BOOMERS ALFA produces the most authoritative and comprehensive publications and reports on assisted living, as well as important market research studies
SO! have you heard? GOOGLE is going GREEN. They have chosen one of my favorite architects in the entire world, William McDonough. You can expect amazing news on that front. Daily, such eco-nomically friendly news impacts trends in the real estate market. I've written about this for what seems like a cyber-time dinosaur's age. AND! What else is NEW?
The Baby Boomer Blast
HELLO! Get ready Asheville's "green" real estate market, the baby boomers are on their way. They could be getting ready to leave their old nests and fly your way,too
And they could create business in your neighborhood. Ah,the baby boomers... according to James J. L'Allier, Ph.D. & Kenneth Kolosh in an article for Chief Learning Officer the "...baby boom generation is a demographic term for the population born between 1946 and 1964."
What does the Baby Boomer Blast mean to real estate professionals across the country? To me it means life stories waiting to be told, with many, many happy closings.You probably already know this, but possibly it bears repeating: The Congressional Budget Office says, "... baby boomers typically have higher income. . .and have accumulated . .. private wealth. "
3 Questions to Ask Yourself:
- Will Baby Boomers stay where they are?
- Will they look for second/vacation homes?
- Where will they go, these shining "relics" with powerful means and an eye for creative pursuits?
- Baby boomers will blast into areas that offer an attractive quality of life and a relatively low cost of living.
- They will live, at least part of each year, in beautiful cities and towns.
- They will bring their "live free or die" attitude and their wisdom to a community, and you will see them not only on the golf course, but at city council meetings and at the art supply shop.
One thing I know for sure, wherever Baby Boomers choose to live they will have a huge impact on those communities, driving everything from real estate prices to our real estate livelihoods. Many of our "baby boomer" clients already have come here to Asheville, NC. We love working with them. They acquire fantastic high-performance properties and tell us great stories of their adventures from which we all learn.
I am wondering what your experience is if you live and work around Phoenix, Scottsdale, Northern California, The "Third Coast" and Florida's coast ... But I am wondering, too about the many small, highly desirable cities, like Asheville.
Tell me about your predictions and experiences.
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