Don't worry. The sky isn't falling.

Avalon - Don't worry. The sky isn't falling. We all know who will buy those properties in 50-plus communities near Jamesburg, Lakewood, etc. The answer is Gen X. True fact: there are only about 10% more millennials than Gen Xers. Even if somehow this resulted in a 10% diminution of values, it's no big deal for the 50-plus generation. Members of this generation remember 5% real estate commissions, and, of course, just about all of us were always happy to offer a discount if the buyer were a friend or family.

Print Publication Date: 
12/04/2019