Every day in America some 10,000 people turn 65 -- a reality that will have intensifying consequences for the nation’s housing markets going forward as more boomers let go of their properties.... more
As the housing market rolls into the first quarter of 2020, buyers searching for a brand-new home have cause for celebration. Finally, builders are stepping up production.... more
Throughout 2019, home sellers in most neighborhoods have been riding high due to rising prices and a shortage of available property. But economists are cautioning that outlook could change in the new ... more
A retired diplomat in his late 60s was compelled to leave his spacious family home due to an injury. Hence, he and his wife moved to a retirement community and put their three-story colonial up for sa... more
Rental rates are rising ever higher, especially in popular metro areas where young adults wish to live. That’s tempting more boomers on the verge of retirement to postpone the sale of their home in fa... more
As a potential first-time homebuyer, Daryl Fairweather had every reason to feel confident. She had a solid job, a Ph.D. in economics from the prestigious University of Chicago, and a mother with a bac... more
In the years before the housing market tanked around 2008, homebuyers were far less risk-averse than they are now. Nowadays, many buyers, especially young adults, are undershooting their affordability... more
Low mortgage rates are a strong motivational factor for wannabe homeowners. But in an era of high real estate prices, many still can’t obtain a property without a crash savings program that involves s... more
For many wannabe first-time homebuyers, pursuing their goal feels like running on a treadmill at the gym. They keep up the speed, but never gain any distance.... more
It was a few weeks before Thanksgiving that a couple in their 30s were offered better jobs. Though they were pleased with the offers, there was just one catch. The new jobs, which started the followin... more
Housing analysts theorize that millennials -- people born between 1981 and 1996 -- have turned their backs on suburbia. It’s true that many in this generation would choose a smaller, older house in a ... more
Stacy Berman has sold homes for nearly two decades, and numerous times each year, she helps clients move through heart-wrenching transitions to let go of a beloved property.... more
For young homebuyers from the millennial generation, choosing between an urban and a suburban lifestyle is often an excruciatingly difficult decision, says real estate analyst Christopher Leinberger.... more
After chemotherapy and radiation for her breast cancer, a magazine designer in her 50s needed an emotional pick-me-up. Fulfilling a long-standing dream, she settled on a cosmetic makeover for her hist... more
Bill Gassett, a longtime real estate agent and blogger who’s persevered through many market cycles, has a message for home sellers this fall: Don’t be complacent.... more
Mortgage rates have dropped to breathtakingly low levels. That’s tempting many wannabe homebuyers to rush into purchasing mode. But housing experts urge buyers of retirement age to proceed especially ... more
These days, wannabe homebuyers fall into two groups. One is spurred to action by dazzlingly low mortgage rates. The other is equally motivated but hesitant on timing, given indicators that could signa... more
Many homeowners intent on selling a luxury residence in the near future are watching economic indicators nervously. They fear a possible recession could undermine their odds of a successful sale.... more
At age 30, Gabrielle Bosche and her attorney husband are content living in a rental apartment in Fairfax, Virginia, where they enjoy a handy fitness facility within their building. But like many young... more
It’s not exactly a tsunami, but real estate pros say there’s finally a growing wave of baby boomers letting go of their family homes and moving into smaller housing units, usually condos.... more
With their second daughter packing off for college this fall, a couple in their early 50s hankered for a whole new lifestyle. Rather than downsize, they recently bought a 3,000-square-foot wood-and-br... more
The United States was supposed to be heading toward a buyer’s market for real estate in 2019. But many would-be homeowners are still confronting sticker shock, especially in popular metro areas.... more
She was a medical researcher for a Maryland hospital who hankered to finally leave the noisy apartment building where she and her husband had lived for more than five years. Once they hit their early ... more
Michael Crowley still speaks fondly of the tiny, pale yellow cottage he bought in Spokane, Washington, in 1993. He was just 29 at the time, and both he and his black chow dog were excited to escape th... more
It was a forgettable cottage in a ho-hum neighborhood surrounded by other starter homes. But a builder bought the property with the intention of renovating it to flip it and make a bundle on its sale.... more
For financial and personal reasons, a Minnesota widow in her late 60s must downsize from the huge cedar-sided contemporary she and her late husband built more than two decades ago. But the idea of pre... more
As summer rolls ahead, most potential homebuyers are in an expansive mood. That’s because, contrary to economic forecasts of some months ago, mortgage rates have again dipped to near historic lows. Me... more
After multiple years of intense rivalry among homebuyers competing for property in popular neighborhoods, the news is mostly favorable for purchasers. A gradual increase in inventory means more availa... more