Where are all the Baby Boomers’ Homes? As Baby Boomers age (most are into their 70s), where is all that inventory? Conventional wisdom says they should be moving in droves to multi-family rentals (that’s code word for “assisted living”, “independent living”, “senior citizen homes”, etc). Quite the opposite is happening. The Census Bureau data reveals that homeownership in this age group is actually increasing!   In this very interesting study by Fannie Mae, it digs into this paradox, what’s going on and what the future holds for housing. Inevitably, this generation will be moving-on as they age. Read it here:  https://www.fanniemae.com/ media/20281/   Key Findings: 2022: Boomer account for 21% of the US population but 38% of homeowners. 2022-2035: estimated decline from 32mil to 23mil Boomer households 2028: possible reduction of 2.7mil Boomer households. 2035: possible decline if around 1mil Boomer households   Additional Insights: 2023: Two million potential Millenial households id

Plunging Home Prices, Fleeing Companies: Austin Texas Glow Is Fading Story by Shelly Hagan and Amanda Albright (Bloomberg) -- Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a rapid expansion. Almost a quarter of commercial office space is vacant, and nowhere in the country have residential real estate prices fallen further from their pandemic peak. Click here for the  remainder of this Bloomberg Article. Photo Above Elon's Expanding Empire In Texas © Photographer: Mark Felix/Bloomberg

 Come celebrate your inner or outdoor "HIPPIE" persona @ Eeyore's Birthday Party This Saturday April 27th Pease Park. an All Day Social, Fun, family Friendly Event https://eeyores.org/  Make Austin 1968 again.  Eeyore’s Birthday Party Saturday, April 27, 2024 11:00 AM – 8:00 PM The 59th annual Eeyore’s Birthday Party will be held in Pease District Park.  Our rain date is the following Saturday, May 4th, 2024.  More info . Free Admission Free Parking/Shuttle Buses ; Ride a Bike; Walk; Take Capital Metro buses Kids: 11 AM – 3 PM – Games, Crafts, Eeyore (Donkey) Game Stage Schedule 12:30pm Kids Costume Contest 2:30 Sack Race 4:30pm Grownups/Big Kids Costume Contest 6:00pm Egg Toss T-Shirts: Limited Edition for 2024 (59th) Face Painting ,  Henna, Pasties Food/Beverages Music Stage Schedule 12-1:30pm           Mostly Dead 1:30-3pm             Henry Invisible 3-4:30pm             Parker Woodland 4:30-6pm             Noella Grey and the Imaginary Band All Proceeds benefit  local