More seniors are opting to age in place rather than relocate later in life, and it has contributed to the supply shortage that’s hampering the housing market. According to a study by Freddie Mac, seniors born after 1931 are staying in their homes longer than previous generations, and they are gumming up the works, leaving Millennials shut out […]
Opinion: Prop. 5 would expand seniors’ housing opportunities
by Dave Walsh C.A.R. Treasurer Baby Boomers in California who want to downsize from their three- or four-bedroom home now that their children are grown and gone face a costly scenario. If they sell, they lose their longtime property tax protections and face a substantial “moving penalty” that could see them paying double or even triple their existing […]
USC, Fannie Mae Examine Upcoming Boomer Void
Baby Boomers, the massive generation born between 1946 and 1964, and their elders have an enormous housing market footprint. With the oldest Boomers now in their early 70s, the beginning of a mass homeownership exodus looms on the horizon. But how can we predict when this wave of departures will begin over the coming decades? A […]
Millennials, Boomer Shun McMansions
It’s a battle of the millennials vs. baby boomers playing out in the nation’s suburban housing markets. Younger and older generations alike are gravitating toward smaller dwellings in more urban, walkable suburbs and cities, with restaurants and coffee shops around the corner. As baby boomers look to downsize out of their suburban McMansions, a generational […]
June 26 – CVAR At A Glance
Featured Classes and Events June 27 | Fish in New Revenue Streams June 28 | Converting Dead Leads to Homebuyers June 30 | FREE FRIDAY – zipForm® eSignatures & Lunch! Register: Free Friday at CVAR HQ, Glendora – Live Free Friday at CVAR West, South El Monte (Live Stream) Free Friday at CVAR East, Rancho […]
April 24 CVAR At A Glance
Featured Classes and Events April 25 | REALTORS® Guide to Probate/Attorney Georgina Lepe April 25 | Lunch & Learn – Become a MailChimp Master April 26 | Advanced 1031 Tax Deferred Exchange April 27 | Lunch & Learn VA Bootcamp – Free April 28 | Loan Bootcamp – CVAR Headquarters First Quarter Housing Market Stats […]
Survey Shows Kitchen Redo Can Lead to Healthier Habits
Many homeowners who remodel their kitchen tend to develop healthier lifestyles, according to the 2017 Houzz Kitchen Trends Survey. Of more than 2,700 homeowners surveyed, 33 percent who completed a kitchen renovation say the project prompted them to cook more meals at home, eat less takeout, and consume more fruits and vegetables. Owners of all […]
July 11 – At A Glance
Featured Classes and Events Click Links to Register July 13 | RPR Workshop – CVAR East (Rancho Cucamonga) July 14 | 1031 Tax Exchange – Find & Create Investor Clients – CVAR West July 15 | Transaction Coordination 2 – Beyond the Contract July 20 | Living Trusts & Title Issues – CVAR East July […]
Get Ready for a Baby Boomer Sell-Off
Baby boomers and others aged 55 or older, comprising up to several million current home owners, say they plan to move to rental units in the next few years, according to Freddie Mac’s newly released 55+ Survey of housing plans and perceptions of those born before 1961. An estimated 6 million home owners and nearly […]
CVAR At A Glance – February 29
Featured Classes and Events March 3 | Free MLS Forum – Let Your Opinions Be Heard March 4 | Free Cloud Stream Training March 7 | Free CRMLS Training – Mobile Solutions and More! March 8 | Deliver the WOW factor to Clients – Free Lunch & Learn Real Estate REvive Returns! It’s a real […]