Silver Tsunami

Baby Boomers are set to leave their homes at record levels in the coming years, freeing inventory in what has been an increasingly tight market since the economic recovery began

Editorial Note: Despite the generalized statistics below, certain pocket areas in California are going to be hit hard. Large portions of Santa Barbara and Ventura Counties are heavily weighted with Baby Boomers, the effect of which will be a glut of homes hitting the market with a resulting decrease in property values due to volume competition.

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Santa Barbara and Ventura Counties are heavily weighted with Baby Boomers, the effect of which will be a glut of homes hitting the market with a resulting decrease in property values due to volume competition.