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‘Silver tsunami’ could have a bigger impact on 2024’s housing market: analyst

Housing Wire

And by 2030, the entire baby boomer population or generation will be over 65.” That’s what I think is invariably going to happen because you’re going to have more seniors, the silver tsunami, selling and there are fewer buyers so the give is going to be lower home prices.” That will grow to encompass 21% of the total U.S.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” Real estate will look different in 2030, perhaps even in 2024.

HOA 403
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Opinion: More should be done to shorten the average time to close

Housing Wire

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” in question.

HOA 390
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Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Boston Appraisal

Many appraisers believe that these green features, although expensive, add little value to the property, while potential buyers find these features appealing and valuable. Property owners are often surprised when the time comes to estimate the fair market value of their green building.