The desire of baby boomer homeowners to age in place is expected to have a significant impact on the housing market, potentially prolonging the shortage of available homes for sale. This trend is driven by various factors such as economic uncertainty, health concerns, and a desire for stability in older age. As a result, there may be fewer existing homes entering the market, leading to increased competition among buyers and higher prices in many regions.

– Baby boomer homeowners choosing to age in place
– Impact on shortage of homes for sale
– Factors driving the trend
– Potential consequences for housing market
– Increased competition among buyers
– Higher prices in many regions

You can read this full article at: required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.