It’s a common belief that many baby boomers will sell their homes and move into senior housing in the coming decade — but what happens if nobody buys those boomers’ houses? Baby boomers may have difficulty selling their homes in the future, a recent Zillow report found. The idea is that younger generations — particularly […]
There may be an abundance of available homes in some major metro markets over the next two decades, driven in part by the wave of aging baby boomers. Whether all these boomers will be able to find buyers for their homes — and then make the move to senior living communities — is an open […]
While real estate companies like Redfin and Zillow compile local real estate listings and prices for homebuyers, a similar search function is lacking for seniors and their families seeking assisted living options, creating a disparity—and sticker shock—between the price they expect to pay versus its actual cost, according to research conducted by A Place for […]
The senior housing industry has long said its biggest competition is Americans aging in place in their own homes. But now, another trend may be creating more competition in the same vein. “In-law units” — technically called accessory-dwelling units (ADUs) — are becoming a draw for aging parents and in-laws, or “boomerang parents,” writes The […]
As CCRCs continue to bounce back from the housing crisis, some operators may still experience trouble attracting seniors who can’t sell their homes to afford the entrance fee. But there are positive signs on the horizon, as baby boomers held just 10.9% of all underwater mortgages in the second quarter of 2014, according to Zillow’s latest Negative Equity Report. In […]
Zillow, Inc. (NASDAQ: Z) has announced an agreement to acquire Trulia, Inc. (NYSE: TRLA) for $3.5 billion in a stock-for-stock transaction expected to close in 2015. The combination of two of the most prominent online housing hubs will offer more online real estate tools and services to consumers, driving more business for real estate professionals, […]
