This is a very interesting article on the rise of the ‘baby boomer’ population into the ‘retired’ population starting this year as the first wave of boomers turn 65 years old. Any thoughts on how this will affect the real estate market for buyers and sellers as 76 million Americans hit retirement age in the next 15 years? At Sierrafield, we expect that as this large group of people hit this milestone, they will be looking to simplify life and head towards condo living!
Leading Edge Boomers Still Going Strong- AARP
http://www.aarp.org/personal-growth/transitions/info-12-2010/boomer_poll.html