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Nov 26, 2019

The Wall Street Journal reports that Baby boomers are getting ready to sell ONE QUARTER of America’s homes over the next two decades. The problem is that many of these properties are in places where younger people no longer want to live. It is quite possible a real estate glut of oversupply is developing in senior communities. On the weekend Sun City opened in 1960, cars were backed up for 2 miles as some ONE HUNDRED THOUSAND visitors waited to gawk at a village built specifically for adults over the age of 50. Today, its a nice town, but like so many Sun Belt senior living cities coast to coast,  supply has increased and demand is falling. Today we'll review a fascinating Wall Street Journal report then mortgage expert Mitch Boxberger joins us. Don't miss today's show, MASTERING MONEY is on the air!!!!