{"id":9809,"date":"2016-06-30T12:51:03","date_gmt":"2016-06-30T12:51:03","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=9809"},"modified":"2016-06-30T12:51:11","modified_gmt":"2016-06-30T12:51:11","slug":"get-ready-baby-boomer-sell-off","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/get-ready-baby-boomer-sell-off\/","title":{"rendered":"Get Ready for a Baby Boomer Sell-Off"},"content":{"rendered":"<h2>Get Ready for a Baby Boomer Sell-Off<\/h2>\n<p>&nbsp;<\/p>\n<div id=\"attachment_9810\" style=\"width: 620px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/2016\/06\/30\/get-ready-baby-boomer-sell-off\/baby-boomers_2613902b\/\" rel=\"attachment wp-att-9810\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-9810\" class=\"size-full wp-image-9810\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2016\/06\/baby-boomers_2613902b.jpg\" alt=\"Get Ready for a Baby Boomer Sell-Off \" width=\"620\" height=\"388\" srcset=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2016\/06\/baby-boomers_2613902b.jpg 620w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2016\/06\/baby-boomers_2613902b-300x188.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a><p id=\"caption-attachment-9810\" class=\"wp-caption-text\">Get Ready for a Baby Boomer Sell-Off<\/p><\/div>\n<p>Baby boomers and others aged 55 or older, comprising up to several million current home owners, say they plan to move to rental units in the next few years, according to Freddie Mac\u2019s newly released 55+ Survey of housing plans and perceptions of those born before 1961.<\/p>\n<p>An estimated 6 million home owners and nearly as many renters prefer to move again and rent at some point, the survey shows. More than 5 million say they are likely to rent by 2020.<\/p>\n<p>&#8220;When a population this large expects to move into less expensive rental housing, we have to expect it will create significant new pressure on both the supply and cost of existing affordable rental housing,&#8221; says David Brickman, executive vice president of Freddie Mac Multifamily.<\/p>\n<p>Seventy-one percent of nearly 6,000 home owners and renters surveyed say they plan to rent their next home. The top factors that they say are \u201cvery important\u201d in influencing their next move are: affordability (60 percent); amenities needed for retirement (47 percent); living in a community where they are no longer responsible for caring for the property (44 percent); and being in a walkable community (43 percent).<\/p>\n<p>Respondents also say they don\u2019t want to move far next time they move. Thirty-one percent say they would likely relocate to a different neighborhood in the same city, while 23 percent say they would like to move to a different property in the same neighborhood. Eighteen percent say they would like to move to a different city in the same state and 24 percent would move to a different state.<\/p>\n<p>Nearly six out of 10 of the 55-plus renters surveyed say they prefer to either move closer to their families or in with them. Hispanic single-family renters were most likely to say they would like to move closer to family, while Asian-American renters were the most likely to say they plan to move in with their adult children one day.<\/p>\n<p><em>Source: Freddie Mac<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get Ready for a Baby Boomer Sell-Off &nbsp; Baby boomers and others aged 55 or older, comprising up to several million current home owners, say they plan to move to rental units in the next few years, according to Freddie Mac\u2019s newly released 55+ Survey of housing plans and perceptions of those born before 1961. &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/get-ready-baby-boomer-sell-off\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-9809","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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