The Zoomer Report: Davis Real Estate

"I think it's a great time for the boomers to sell the large homes, have a place in the South for winter fun, and have a place in the North for summer fun!"

She says Zoomers are starting to take advantage of the fact that the real estate market in the U.S. is melting down, while it is still healthy here.

"And they're just shifting the dollars: some are buying a condominium, some are buying a town home, and then they're also thinking of buying a property up North in cottage country, if they don't already have one, or something down south, and you know, the market down South in Florida especially, or in Arizona or California are prime places to buy now, and I've had a lot of the US sellers, agents, developers, saying 'Help us, we have great deals!'"

By the way, Davis doesn't believe the Toronto market will take a big dive – though she does expect supply to increase, and prices and sales to level out.

About The Zoomer Report

Libby Znaimer, a prominent Canadian journalist specializing in business, politics, and lifestyle issues, is producer and host of The Zoomer Report, a special feature on topics of interest to baby boomers and the 50+. It covers everything from health and wealth to leisure and volunteerism, from the special vantage point of the generation that has changed society in its wake.

Ms. Znaimer is also Vice-President of News and Information for Classical 96.3FM and AM740. Her first book, "In Cancerland – Living Well Is The Best Revenge" - was published in October 2007 by Key Porter.

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