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Could a Multigenerational Home Be the Right Fit for You?

By |2023-03-07T04:30:00-07:00March 7th, 2023|Categories: Baby Boomers, Demographics, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers, Real Estate|

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 [...]

A Smaller Home Could Be Your Best Option

By |2023-02-22T04:30:49-07:00February 22nd, 2023|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Real Estate|

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:“As we see [...]

Planning to Retire? It Could Be Time To Make a Move.

By |2022-12-15T04:00:06-07:00December 15th, 2022|Categories: Baby Boomers, Demographics, For Sellers, Move-Up Buyers, Real Estate, Senior Market|

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 [...]

More People Are Finding the Benefits of Multigenerational Households Today

By |2022-11-17T04:00:24-07:00November 17th, 2022|Categories: Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials, Real Estate|

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 [...]

Planning To Retire? Your Equity Can Help You Reach Your Goal.

By |2022-08-18T03:00:12-07:00August 18th, 2022|Categories: Baby Boomers, Demographics, For Sellers, Real Estate, Senior Market|

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 [...]

What Is Multigenerational Housing? [INFOGRAPHIC]

By |2022-04-15T03:00:19-07:00April 15th, 2022|Categories: Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing [...]

Retirement May Be Changing What You Need in a Home

By |2021-11-17T04:00:37-07:00November 17th, 2021|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Real Estate, Senior Market|

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom: “At least 1.7 million more older workers [...]

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

By |2021-04-09T03:00:27-07:00April 9th, 2021|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are [...]

Should You Buy a Retirement Home Sooner Rather than Later?

By |2020-10-08T03:00:10-07:00October 8th, 2020|Categories: Baby Boomers, For Buyers, For Sellers, Interest Rates, Real Estate, Senior Market|

Every day in the U.S., roughly 10,000 people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking to settle into for their later years in [...]