Move-UpBuyer

said they are considering selling their home in 2014

71%

have a positive outlook on housing this year

69%

have a positive outlook on the economy this year

63%Consumer Views on Housing & Economy

Lending Tree Survey 2014

Paul Diggle Capital Economics

We are anticipating a meaningful increase in the supply of homes for

sale. The survey evidence suggests that rising prices are motivating more

owners to list their homes.

“The oldest Baby Boomer turns 68 this year, and the youngest turns 50. They are buying homes in droves as their employment situation, home values, and stock portfolios have almost fully recovered from the Great Recession.

We are seeing strong sales in this same demographic throughout the country.”

- John Burns Real Estate Consulting

Boomers are starting to move…

BH&G 2014

Baby Boomers ready to buy a 2nd home…

said they’d likely buy a second home, such as a vacation or beach house,

to use during retirement

25%

Vacation Home Sales

UP 29.7 %

NAR 2014

Thinking about moving up to the Thinking about moving up to the home of your dreams?home of your dreams?

Comparison – End of 2015 Current Home Move-up Home

Current Price $300,000 $400,000Future Price (+8%) $324,000 $432,000Future Gain $24,000 $32,000

Total Gain $8,000

Move-Up Seller

Price Rate P&IToday $400,000 4.41 $2,005.41

End of 2015 $432,000 5.7 $2,507.33

Monthly Savings $501.92$501.92

Move-Up Seller