| 21.05.2012 - Downsize UK: Property market dominated by elderly looking to cash in on homes |
| Baby boomers trying to ‘downsize’ are driving the housing market, say researchers. Trading down from a large family house is now the single biggest reason given for selling by homeowners approaching estate agents, says property market expert Rightmove. Some 40 per cent of sellers say they are looking to trade down, compared with 25 per cent who hope to trade up to a larger more expensive property...............................................Full Article: Source |