Demographic shifts are under way as baby boomers downsize to smaller homes, senior communities and assisted living facilities, according to The Counselors of Real Estate which is a group of 1,000 handpicked individuals, who are considered experts in Real Estate.
Low interest rates are playing a part in this shift, as seniors view this as a great time to downsize, taking advantage of low rates. These lower interest rates are helping the baby boomers sell as well as finance the home ...
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