Real Estate SuccessCast
The “Silver Tsunami” Is Coming 🌊 Baby Boomers, Downsizing & Real Estate Wealth Opportunities
So moving beyond simple flipping into more sophisticated or niche wealth building, Damon, they’re calling it the silver tsunami. 🌊🏡
So we’ve heard about the aging population downsizing.
And I think, remember when we were in Vegas a long time ago, and there was a guy named John Turley?
Recognize that name?
And he said that he was like number five in the nation because he was selling real estate in Belize. 🌴
As he said, it’s affordable living.
He said baby boomers are retiring — 9,000 to 10,000 baby boomers a day were retiring.
They wanted a nice climate and low crime.
I don’t know how Belize is on crime now.
This was what, 15 years ago?
15 years.
But they were looking for downsizing and a good climate. 🏘️
For Southwest Virginia residents, investors, and families in Roanoke, Salem, Vinton, Botetourt, Smith Mountain Lake, and the New River Valley, the silver tsunami is more than a buzzword — it’s a real estate trend that could shape downsizing, patio homes, retirement living, and future housing demand.
🏢 Damon Gettier & Associates, REALTORS®
Brokered by Real Broker, LLC
📞 540-384-0033
🌐 www.damongettier.com
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