A recent Realtor survey suggests that many older people in or approaching their retirement years are making plans to buy a new home. The survey found that 57% of baby boomers have plans of moving out of their current residence. Boomers have, on average, become more confident about their retirement and believe they can achieve their ideal retirement plans. The survey also states that many boomers are likely to buy a second home or vacation home. Boomers are expected to fuel the housing market over the coming years. More here
