Senior Real Estate Specialist

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Senior Housing Family connections big factors in housing decisions Housing decisions by seniors often involve more than just finding a new home. A next-step for longtime homeowners are often heavily influenced by family, community connections and planning for the future. Here are some eye-opening facts from real-estate industry sources: 16 percent of home buyers are over 69 years old according to the National Association […]
Senior Housing To sell or not to sell, that is the first question Many homeowners in the baby-boom generation are living in goldmines. In the U.S., 38 percent of residential real estate owned is by those age 60-78. That group of homeowners have built and incredible level of home equity—72.7% of total residential real estate value, the highest since 1958. While those are impressive numbers, the big question […]
Senior Housing Make decluttering simple: Start with the duplicates How many whisks are in the kitchen utensil drawer? How many sets of no-longer used sheets in the linen closet? For those homeowners thinking about downsizing, here’s a simple tip to get started: tackle the duplicates. Go through every drawer, cupboard and closet, and pull out the items you have more than one of and […]
Senior Housing Downsizing decision can take many forms As longtime homeowners ponder moving to a smaller living situation, many factors can influence the decision. Individuals make their own choices, but here are some of the more common reasons that prompt a new beginning in a smaller space: Saving money Downsizing can cut costs on mortgages, utilities, and maintenance—ideal for fixed incomes. Living the […]
Senior Housing Most home buyers and sellers are over age 55 Older buyers and sellers are driving the real-estate market. According to the 2024 Profile of Home Buyers and Sellers from the National Association of Realtors here are some of  record-breaking trends: 53 percent of all home buyers were age 55 and over. The median age of home buyers rose to 56 years (up from 49 […]
Senior Housing Consider decluttering before downsizing For homeowners who are thinking about downsizing, they should first start thinking about decluttering. For homeowners considering downsizing, the hardest part may not actually finding a new home. For many, the more difficult task is figuring out how to pare down decades of “stuff” from the current home. For seniors transitioning from large family homes […]
Senior Housing More aging homeowners considering downsizing Longtime homeowners who are considering moving to a smaller living situation are not alone. Here are some numbers about changing demographics and how they are impacting the housing market: 3.6 million The number Baby Boomers are expected to downsize by 2037. 64 percent The number of retirees will move at least once during retirement. 51 […]
Senior Housing Longer lives are impacting housing needs 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 […]
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Senior Real Estate Specialist Future-Proof Designs: Home Upgrades for Longevity, Aging in Place More than 50 percent of Baby Boomers have no plans to move, says a Leaf Home and Morning Consult report, 2024 Generational Divides in Homeownership Report. The top reasons for boomers staying put include: No need to move (79%) Close to family (34%) Too expensive to move (33%) Low crime (25%) Weather or climate (18%) […]