Baby Boomer babies may fuel real estate boom - Summit County, Colorado
Colorado Real Estate - Baby Boomer babies may fuel real estate boomThe youngest of the "Baby Boomers" plan to buy retirement homes realizing the great investment potential. |
Baby Boomer babies may fuel real estate boom Summit County Colorado Real Estate Guide
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 COLORADO REAL ESTATE INFORMATION RESOURCESHome Sellers / Buyers Guide to Colorado Mountain Real Estate in Breckenridge, Keystone, Frisco, all of Summit County Colorado and near by areas. | |||||||||||||||||
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Baby Boomer babies may fuel real estate boomWhat are the Baby Boomers doing? Baby Boomers realize the potential of quality property as a great investment and a wonderful place to spend their retirement years. The middle-aged generation born between 1946-1964 is a promising group of homebuyers who is looking at the importance of owning a second or even third home in which to retire. According to a study, 75% of the younger Baby Boomer generation, age 40-45 say they plan to buy a new home when they retire. About 33% now own two homes or would consider a second home. And most want to live within one-hour drive of their second home. Only about 25% of the younger baby boomers, (40-45) considered buying a home in an age-restricted active adult community when they retire and about 20% plan to retire between the ages of 51-55 but are not sure if they will have enough money to live comfortably in retirement. The setting they prefer for retirement is a more urban, entertainment-oriented environment. This is a shift from the earlier Baby Boomers who looked forward to a more resort-style setting where leisure activities revolved around physical activities, mainly golf. |
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Summit County Information: SummitColorado.com ©2008
info@summitcolorado.com
106 N. French Street
Breckenridge, Colorado 80424