Housing

Boomers sure to keep housing booming

For those who want an inside glimpse into the future of U.S. housing, there’s only one thing to remember: baby boomers. With their characteristic defiance toward old age and enviable disposable income, retiring baby boomers want to stay “active,” said Richard Dugas, president and CEO of Pulte Homes, one of the nation’s largest builders of adult housing communities targeted at[Read More…]

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Senior market : home safety

Throughout their lives, baby boomers have dominated the marketplace. The generation of 78 million consumers born from 1946 to 1964 once made hula hoops a hit. As teens, boomers bought cheap stereos and compact cars. In middle age, they snapped up camcorders, computers and mutual funds.   The home is the biggest area of research and product development. Homes have[Read More…]

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New Zealand : Strategy needed for housing older people

New Zealand needs a strategy to house its growing population of older people, say researchers from Victoria University’s New Zealand Institute for Research on Ageing (NZiRA) and Business and Economic Research Ltd (BERL). Associate Professor Judith Davey, Director of NZiRA, says the housing needs of older people cannot be separated from their care and support. The research was carried out[Read More…]

AUSTRALIA: New retirement village the way of the future

The launch of a new, privately-developed retirement village in Netley, South Australia, highlighted the evolving nature of Australia’s aged care system, the Federal Minister for Ageing, Julie Bishop, said today. Unveiling a commemorative plaque at the site of the Netley Grove Retirement Village, Ms Bishop said the development demonstrated older Australians’ desire for greater choice in their retirement years. “Australia’s[Read More…]

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The Housing Choice for the Future

Jane Hampton, president and senior designer of Accessibility Design in St. Louis Park, describes Universal Design as a “renaissance field.” Originally used to describe a home designed to grow old with its owners, it has become a popular term among designers. As baby boomers’ age, they’re going to force technology to keep pace with them,” Hampton stated. “They’re used to[Read More…]

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Retirement villages boom

The growth of retirement villages will allow more older people to stay independent, it was claimed today.Age Action said that many older people were attracted to the prospect of living in a secure community with access to 24-hour medical facilities.“The idea of moving out of a large house into something smaller allows you to remain independent. “You’re still in control[Read More…]

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Some Aging Baby Boomers Buying Larger Homes Instead of Retirement Condos

According to a recent article in the Miami Herald, a fast-growing segment of the 55-and-older housing market consists of big single-family homes, rather than condo or townhouse developments aimed at those wanting to downsize the size of their homes. Rather than decreasing their space, many retiring boomers may be looking only to decrease hassles, such as home maintenance, landscaping and[Read More…]

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Sunrise Senior Living to Develop Condominiums

Sunrise Senior Living, Inc., the nation’s largest provider of senior-living services, received approval from the Dallas City Council to develop a condominium project for people aged 60 and over at 3511 North Hall Street. This luxury residence designed for seniors is expected to be complete. “Seniors today are seeking ways to build equity in real estate, but shed the burdens[Read More…]

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US: Aging Baby Boomers’ Impact on the Seniors Housing Market

US: Aging Baby Boomers’ Impact on the Seniors Housing Market

The latest publication from the Senior Advantage Real Estate Council (SAREC(R)) released today highlights the unique homebuying and selling challenges facing today’s baby boomers as they segue into their senior years “Baby Boomers: The Next Generation Seniors Market — Trends that Impact Seniors’ Home Buying and Selling Habits” is the second in a series of informational reports produced by the[Read More…]

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Baby Boomers Transforming Homes Into Special Places for Friends and Family to Visit

;The 78 million post-World War II baby boomers who are planning for the future have a much different view of what to do with their “empty nest” than their parents did. Boomers want their homes to be special places for their friends and families to visit. They want to use their homes to reunite the family once or twice a[Read More…]

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