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Senior Housing • Senior Real Estate Specialist • December 29, 2024

Longer lives are impacting housing needs

by Eugene "Jim" Hills

Planning ahead can help make staying in your home or finding a home that meets physical needs easier to do.

More Americans are living longer than ever and that number is growing.

The number of people over age 65 is projected to grow by 47 percent by 2050. The number of centenarians, those age 100 and older, is expected to quadruple.

This trend means housing needs are changing.

Longer life expectancy means more seniors are looking for homes that suit their evolving needs. Older homeowners are looking for spaces that are accessible, affordable and ready for aging in place.

For more information about the impacts of aging homeowners on the housing market, check out this article from Northwell Health.

#SRES #retirementplanning #seniorrealestatespecialist

SRES, retirement planning, senior real estate specialist, aging homeowners

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