Expand Your Education with These Courses from
Business Creation - Prospecting: Skills for Sales Success: Part Three.
Negotiating Skills: Skills for Sales Success: Part Six.
Expand your education through NAR's REALTOR® University: A Consumer Advocate Approach to Mortgages: Course 2.
Bundle 1: CIPS Core Course (US Version).
Bundle 2: CIPS Elective Courses (Non-US Version).

Ask the Expert: How Can You Prepare Baby Boomers for the Current Market?

Have a comment on this article? Share on Facebook!

AA014347Today’s Ask the Expert column features Matt Vernon, Home Loans Sales Executive with Bank of America.

Q: What are the top three ways to tackle new challenges in preparing baby boomers for the current housing market?

A: With low inventories of homes for sale and rising mortgage rates, making the decision to purchase a new home is becoming more top-of-mind for baby boomers.

As such, the baby boomer segment represents sizable opportunity for real estate professionals, especially given that more than 37.6 million people, approximately 79.8 percent, aged 55 and over live in owner-occupied homes, according to the U.S. Census Bureau; Housing Tenure by Household Type and Age of Householder 55 Years and Over, 2011.

However, there are new challenges this segment is likely to face in today’s current housing market. To ensure prospective baby boomer homebuyers are receiving the guidance and information they need, real estate professionals should consider the following tips.

Continue Reading 1 2 3

Have a comment on this article? Share on Facebook!

Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.

One thought on “Ask the Expert: How Can You Prepare Baby Boomers for the Current Market?”

  • Noreen says:

    Very informative and useful information! I will be sure to include this info when working with my baby boomer clients.
    -Noreen Askew
    Prestige Property Shop, LLC.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>