Sunday, August 17, 2008

A Growing Real Estate Market


In this times that all the Real Estate Agents are hearing is that the market is shrinking, there is still a certain part of the real estate market that is continuously expanding.
As health care improves the number of Americans reaching their senior years is increasing at a tremendous pace. Some of them choose to live in active retirement communities while others look at facilities that allow them the assistance needed for their needs.
According the US census there were 37.3 million people over age 65 living in the United States in 2006 that is approximately 12 % of the US population. Not forget that this number is growing exponentially and is expected to increase to around 86.7 million people by the year 2050.
This market is spread all around the country and Florida is an excellent place for retirement due to its excellent climate. To address the needs of this growing community REaltors shoulkd increase the Interenet presence of their lisitng using virtual tours to increase the possibilities of obtaining a share of this market.
To prepare Realtors to focus on this growing group of the population the National Association of Realtors created the SRES designation. Those Realtors interested in addressing the needs of Americans ages 50 and over need to understand that it is not easy for people to downsize or move from their homes, therefore to cope with the stress generated you will need a lot of patience, but on the other hand you will be rewarded with the knowledge that you helped a person to obtain a better living condition.
Based on this and the continuous need of learning to correctly serve the community it will be a good time to go back to school and obtain the SRES designation.

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