Bay Area Baby Boomers Flock To Sacramento Active-Adult Communities
Residential developers in Sacramento see a major market in the wave of baby boomers ready to cash out and downsize to active-adult senior living, the Sacramento Bee reports.
The demographics are right to sustain the trend. About 1 million people between 53 and 71 live in the Bay Area, and a good number of them own houses in a market where median values exceed $1M.