It's all here! News on the Tucson real estate market, tips and information for your Tucson real estate needs, and my occasional "likes" about Tucson and all the things we love about it. Read on!

Friday, December 4, 2015

Boomers Hanging Onto Their Homes, Building Equity

In a sign that aging baby boomers may be hanging onto their homes rather than selling and moving elsewhere in retirement, households aged 55 and older now control two thirds of all home equity.  This from a 2013 study by the Federal Reserve. One federal estimate puts the aggregate value of boomers' houses at close to $8 trillion!

No comments:

Post a Comment