[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fgoiiqhlg3k98":3,"$ffeh0925h8cuz":37,"$f2emv3tus0uf1":41,"$fbwk2pqjjqsc7":45},{"item":4,"previous":25,"next":31},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":12,"bodyImage":9,"isInfographic":13,"categories":14,"isVideo":13,"videoThumbnail":9,"videoSource":9,"publishedAt":23,"updatedAt":24},1195,"baby-boomers-are-downsizing-are-you-ready-to-move","Baby Boomers are Downsizing, Are You Ready to Move?","\u003Cp style=\"text-align: left;\">For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F10\u002F01171923\u002F20181030-Share-STM.jpg","\u003Cp style=\"text-align: left;\">For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?\u003C!--more-->\u003C\u002Fp>\r\n\r\n\u003Ch4 style=\"text-align: left;\">\u003Cstrong>Here’s what some of the experts have to say on the subject:\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Cp style=\"text-align: left;\">Aaron Terrazas, Senior Economist at \u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.cbsnews.com\u002Fnews\u002Fhousings-big-problem-boomers-arent-downsizing\u002F\">Zillow\u003C\u002Fa>\u003C\u002Fem>, says that “\u003Cem>Boomers are healthier and working longer than previous generations\u003Cstrong>, which means they aren't yet ready to sell their homes\u003C\u002Fstrong>.\u003C\u002Fem>”\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">According to a \u003Ca href=\"https:\u002F\u002Fwww.housingwire.com\u002Farticles\u002F40969-realtorcom-heres-why-baby-boomers-keep-millennials-from-buying-homes\">study\u003C\u002Fa> by \u003Cem>Realtor.com\u003C\u002Fem>, \u003Cstrong>85% of baby boomers indicated they were not planning to sell their homes\u003C\u002Fstrong>.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">It is true that baby boomers are healthier and are thus working and living longer, but are they also refusing to sell their homes?\u003Cstrong> \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">Last month, \u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.trulia.com\u002Fresearch\u002Flate-boomers-how-seniors-are-affecting-the-housing-market\u002F\">Trulia\u003C\u002Fa>\u003C\u002Fem> looked at the housing situation of seniors (aged 65+) today compared to that of a decade ago. \u003Cem>Trulia’s\u003C\u002Fem> study revealed that:\u003C\u002Fp>\r\n\r\n\u003Cblockquote>“\u003Cem>Although \u003Cstrong>seniors appear to be delaying downsizing\u003C\u002Fstrong> until later in life, as a group, households 65 and over are \u003Cstrong>still downsizing at roughly the same rate as in years past\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Cp style=\"text-align: left;\">\u003Cem>Trulia\u003C\u002Fem> also explains that,\u003Cem> \u003C\u002Fem>\u003C\u002Fp>\r\n\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>5.5% of households 65 and over moved\u003C\u002Fstrong>, pretty evenly split between moves to single family (2.7%) and multifamily (2.4%) homes. \u003Cstrong>In 2005\u003C\u002Fstrong>, \u003Cstrong>these percentages were virtually the same, with 5.5% of senior households moving\u003C\u002Fstrong>, including 2.5% into single family and 2.5% into multifamily homes\u003C\u002Fem>.”\u003C\u002Fblockquote>\r\n\u003Ch4 style=\"text-align: left;\">\u003Cstrong>So, if these percentages are the same, what is the challenge?\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Cp style=\"text-align: left;\">Recent reports tell us that the older population grew from 3 million in 1900 to 47.8 million in 2017.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">In addition, the \u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.census.gov\u002Fnewsroom\u002Fpress-releases\u002F2018\u002Fcb18-41-population-projections.html\">Census\u003C\u002Fa>\u003C\u002Fem> recently revised the numbers from their \u003Cem>National Population Projections\u003C\u002Fem>:\u003C\u002Fp>\r\n\r\n\u003Cblockquote>“\u003Cem>The aging of baby boomers means that within just a couple decades, \u003Cstrong>older people are projected to outnumber children for the first time in U.S. history\u003C\u002Fstrong>…By 2035, there will be \u003Cstrong>78.0 million people 65 years\u003C\u002Fstrong> and older compared to 76.7 million under the age of 18.\u003C\u002Fem>”\u003C\u002Fblockquote>\r\n\u003Ch3 style=\"text-align: left;\">\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Cp style=\"text-align: left;\">If you are a baby boomer who is not sure whether you should downsize or move to a warmer climate (other people are doing it, why not you?), let’s get together so we can help you evaluate your options today!\u003C\u002Fp>",false,[15,19],{"id":16,"name":17,"slug":18},5,"For Buyers","buyers",{"id":20,"name":21,"slug":22},6,"For Sellers","sellers","2018-10-16T10:00:11Z","2018-10-15T10:39:03Z",{"id":26,"slug":27,"title":28,"featuredImage":29,"publishedAt":30,"contentType":10,"isVideo":13},1194,"pre-approval-your-1st-step-in-buying-a-home","Pre-Approval: Your 1st Step in Buying a Home","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F10\u002F01163228\u002F20181015-Share-STM.jpg","2018-10-15T10:00:43Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":13},1196,"5-tips-for-starting-your-home-search","5 Tips for Starting Your Home 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