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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (49422)	3/4/2006 12:57:58 AM
From: John Vosilla	Respond to of 306849

"I just think whatever the conventional wisdom is as far as what the "boomer money" will do or not do is pretty much the opposite of what really is happening." Harry S Dent has another book out. Talks about peak years for homebuying by boomers being 37 which means all boomers would be in their tradeup house by 2001. Well that is when the real boom kicked into high gear after being dormant in the 90's when most boomers should have been in peak moveup homebuying mode.. Also all the high end move up market for retiring boomers is silly. It is such a small percentage of total home purchases in any given year. Another stat shows that a person is 10 times as likely to move to another state in his 20's or 30's than his 60's..