article thumbnail

The ‘silver tsunami’ will hit South Florida even harder

Housing Wire

In 2025, it’s estimated that roughly 940,000 residents in the 65-and-over bracket — including 130,000 who are 85 or older —will call the region home. are already older than 65, 20% older than 75 and half will be older than 75 in 2030.” Florida already leads the U.S. Nearly three-quarters of the baby boomers in the U.S.

article thumbnail

Single women, younger generations will fuel the luxury real estate market

Housing Wire

Home sales in the “upper brackets” of the market reportedly perform better than average-priced homes. Sotheby’s said that women will command $34 trillion or 38% of all investable assets by 2030. Sotheby’s references an April 2024 report by J.P. Women will also overtake a portion of the market. ”