According to a recent report from Freddie Mac, people aged 55+ now control nearly 2/3 (approx. $8 trillion) of America’s home equity, which puts them in a prime position to significantly impact the country’s housing market. Freddie Mac recently commissioned the first Freddie Mac 55+ Survey, which surveyed nearly 4,900 homeowners born before 1961 about their current housing situation, plans and other criteria. They are completing an analysis of 55+ renters and will release it when it’s finished. The bottom line; these folks are looking for specific criteria and have needs that the marketplace can meet. Investors take note!
Click here to read the full report.
Discover more from Real Estate Investing Today
Subscribe to get the latest posts sent to your email.
