Senior housing in demand as baby boomers age

Source: Naples Daily News

WOODSTOCK, Ill. – As McHenry County gets grayer, developers are responding by building age-restricted communities for those older than 55, even as other segments of the housing market lag.

The real estate market has seen an increase in demand for senior housing as the baby boomer generation ages and looks to downsize in its own community, said Kathleen Ricketts, managing broker of Century 21 Affiliated in Algonquin.

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