Category: Baby Boomers

Could a Multigenerational Home Be the Right Fit for You?
Baby Boomers, Demographics, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers | March 7, 2023
Could a Multigenerational Home Be the Right Fit for You?

During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR): “Multi-generational buying may be a home where families live in the…

A Smaller Home Could Be Your Best Option
Baby Boomers, Demographics, For Buyers, For Sellers | February 22, 2023
A Smaller Home Could Be Your Best Option

Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:

Planning to Retire? It Could Be Time To Make a Move.
Baby Boomers, Demographics, For Sellers, Move-Up Buyers, Senior Market | December 15, 2022
Planning to Retire? It Could Be Time To Make a Move.

If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about…

More People Are Finding the Benefits of Multigenerational Households Today
Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials | November 17, 2022
More People Are Finding the Benefits of Multigenerational Households Today

If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years. As you consider this option for your…

Planning To Retire? Your Equity Can Help You Reach Your Goal.
Baby Boomers, Demographics, For Sellers, Senior Market | August 18, 2022
Planning To Retire? Your Equity Can Help You Reach Your Goal.

Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generation have…