You may not know it, but, as the Denver Post detailed in a recent article, the “Silver Tsunami” has reached the United States, including Colorado. While the impact thus far has been gentle, when its full magnitude arrives, “[e]verything will be impacted,” including real estate.
The “Silver Tsunami” is the moniker demographic
Builder confidence in the mature-housing market remained weak, according to 2010 first-quarter data from the National Association of Home Builders’ 55+ Housing Market Index (55+ HMI) – a quarterly survey of the association’s builder members engaged in the production of mature-market housing.
“The 55+ segment of the market is still stalled in most regions,” said