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Sunday, January 29, 2006

The boomers set 2nd Home Specialists’ frantic pace.

The boomers, who have reached prime earning years, are the richest generation in the history of the world, saysAdvertising Age.

Americans over 50 have more than $1.6-trillion in spending power. The typical vacation home buyer is 55, says the National Association of Realtors, and nearly a quarter of them have household incomes over $150,000.

1 comment:

Ocala Florida real estate said...

Well done on a nice blog rickandjuliarealtors. I was searching for information on real estate Gainesville Florida and came across your post this post - not quite what I was looking for related to real estate Gainesville Florida but very interesting all the same!

Well, it's a new year - in fact it's almost the Chinese New Year. I'm still putting together the latest property portfolios for Hernando County, Florida. This year the budget allows us to purchase a few more nice looking lots on the waterfront - great investment! But we're still juggling the numbers to come up with a sensible forecast - what with the Katrina aftermath and all. Hopefully the coming year will see a bit more stability in the real estate market, particularly here in Florida.

If you do have a moment, please take a look at my new site: Florida Real Estate .

Might be an attractive proposition. A happy new year to everyone!