24 Jan 2024 12:00 pm
The population is aging as folks have less kids. As for how it will affect home sales and home prices.. My guess is that it will drive up prices in the major metro areas but conversely drive prices down in the rural places being as this newer generation is less likely to live in Bottineau, ND than those before. My wife and I just put an offer on a house in rural Nevada. It has been on the market for 8 months mostly due to its fairly remote location. The owners passed away and the younger folks do not want to live in the middle of nowhere. However, I could not pass up the chance to have 5 acres with a home that is 1750 sq. feet for 198K.