Field Guide to Working with Baby Boomers Brings Insights to Serving One of America’s Most Lucrative Demographics
With more than 75 million people fitting into the American Baby Boomer demographic, it is easy to understand why this group would be important for REALTORS® to understand. Even more eye-popping to REALTORS® is the fact that more than 70 percent of Baby Boomers own homes and will be looking to homeownership changes really soon.
DAILY REAL ESTATE NEWS | TUESDAY, APRIL 18, 2017
A home’s value generally appreciates 3 percent to 4 percent every year, which is attributed mostly to population growth and inflation. However in 2016, homeowners saw appreciation jump to an average of 6.3 percent.