The builder-boomer disconnect

Study: Older buyers' wants not being fully addressed

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Oct. 22, 2009

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The five features rated most important were: washer and dryer in the home/unit; storage space; windows that open easily; master bedroom on the first floor in a two-story home; and easily usable climate control (thermostat).

Conversely, buyers are willing to pay for services such as interior and exterior home repair, transportation, housecleaning, etc., in an attempt to move toward a maintenance-free lifestyle. However, the study revealed that builders are clearly reluctant to move too far from their primary business of construction into community services.

Tom Kelly's book "Cashing In on a Second Home in Mexico: How to Buy, Rent and Profit from Property South of the Border" was written with Mitch Creekmore, senior vice president of Houston-based Stewart International. The book is available in retail stores, on and on


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