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Real Estate S
Eileen M. Day REALTOR
BABY BOOMER MARKET
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The 'Baby Boom* put quite a bulge into our population between 1945 and I960. This boom has had a great Impact on the real estate market and will continue to do so. but In a different way. The baby boomers are getting older.
Baby boomers are maturing from being first-time buyers to move-up buyers. As move-up' buyers with more Income and equity, they are demanding more luxury and space as they purchase their second and third homes. Home builders are aware of this trend and are building more homes with added space and amenities.
The housing market Is not suffering from the tall-ending baby boom - It Is evolving. What this change In demographics means Is this: There nuy be leas demand for starter homes than for move-up homes. Because of this, many owners of starter homes are already thinking selling before the crowd and trading up earlier to take advantage or the changing market.
if there Is anything we can do to help you In the field of real estate please stop In at BILCEH M. DAY, Realtor, the Clopton House, Washington. Va. 22747. Phone 075-5053. Were here to help.
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