‘Silver Tsunami’ on horizon as aging baby boomers seek to downsize in greater numbers

An influx of baby boomers approaching their 60s and 70s could signal a “Silver Tsunami” in search of smaller homes, a report from the Oregon Office of Economic Analysis found.

Homeownership may further decline among seniors in 2018

Changes to the tax code under the Trump administration could prompt senior homeowners to unload property en masse — a move that could fuel construction for senior housing nationwide, according to a new report from Marcus & Millichap.

Infographic: The next wave of senior housing

Senior housing transaction volume is nearly 59 percent higher than a year ago. The nation’s fastest-growing metro is The Villages, a retirement community in Florida. Some 20,000 senior housing units will be needed per year for the next 25 years …