While walking through a Seattle neighborhood with homes built between 1950 and 1970, I noticed that many of the ramblers had been renovated. By contrast, nearly all of the split-level and two-story homes looked worse for wear.
Reasons for Renaissance
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The renewed interest in ramblers is due to several factors, the rising number of retiring baby boomers being the the most important. Other factors are the ease of maintenance as well as renovation and greater attention by the architects and builders.
Retiring Baby Boomers: a Growing Market
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The first baby boomers are turning 65 this year. According to U.S. Census Bureau projections, the older population in 2030 is projected to be twice as large as in 2000, growing from 35 million to 72 million and representing nearly 20 percent of the total U.S. population.
According to the same government source, quoted on SeniorMarketer.com, about 80 percent of seniors have at least one chronic health condition and 50 percent have at least two. Arthritis is just one of many causes that curtail activities for these seniors. [Read more…]