Piedmont, CA (PRWEB) January 09, 2015
In its “2014 Baby Boomer Survey” conducted in September the California Association of Realtors® (CAR) quantified the role Baby Boomers still play in the housing market. CAR released(1) the survey results late last month; overall, regardless of financial situation, Boomers (homeowners and renters alike) believe home ownership is the preferable option.
“That almost half of the current Boomer renters formerly owned, and plan to own again, is incredibly insightful,” noted Anian Tunney, a real estate agent broker in Piedmont, CA. “This is a generation that appreciates the financial and social stability associated with home ownership.” In fact, 22% of the Boomer renters surveyed expect to purchase within the next five years.
The survey estimates that three in ten Boomers live with their children; the vast majority of those had their children move back in with them, or never leave. “While many Boomers weathered the financial crisis fairly well, their children tended to be hard hit. In real estate, we see this contributing to the increase in popularity of multi-generational households,” explained Tunney.
Piedmont, a historic high-end city in the San Francisco Bay Area, “was built at a time when multi-generation homes were much more common,” Tunney noted. While many would classify the houses for sale in Piedmont as “estates” instead of homes, including 6 King Avenue – offered at $4,200,000, they have the room necessary to accommodate parents, adult children, and grandchildren comfortably.
Tunney commented that, “CAR’s Baby Boomer survey shows that this generation is still extremely key to the real estate market. Boomers are in their prime earning years, have come out of the financial crisis in better shape than subsequent generations, and believe in the merits of home ownership.”
About Anian Tunney, Broker Associate
Anian Tunney is an agent broker with The Grubb Company. According to statistics collected by East Bay Regional Data, Inc., she was the 2013 number one real estate agent in Piedmont, CA for the number of units sold and sales volume. Additionally, Tunney is always in the top two in yearly real estate sales for The Grubb Company’s Piedmont, office. She is known for her knowledge, experience, and network in the Piedmont community; qualities which are invaluable for finding that special home or buyers for her clients.
A fifth generation Piedmont resident, Tunney has been with the Grubb Company for over 32 years. She raised her family of four in Piedmont and is active in community projects such as the Piedmont Beautification Foundation, the East Bay Museum Auxiliary, and the Piedmont school district. Her grandmother, Amy Sutton, was a real estate agent, and now Anian works with her daughter Adrienne Krumins, making Piedmont Realty truly a family vocation. Tunney negotiates with grace and clarity of purpose. She can be contacted at 510-339-0400 ext 217, and at tunney(at)grubbco(dot)com. Her website is aniantunney.com.
Contact Information
Anian Tunney
The Grubb Company Real Estate Brokers
Oakland, CA 94611
510-339-0400 ext 217
tunney(at)grubbco(dot)com
aniantunney.com
aniantunney.com/blog
(1) http://www.car.org/newsstand/newsreleases/2014releases/2014boomersurvey?view=Standard