Downsizing Real Estate – Aspirations of Retiring Baby Boomers There are endless human aspirations. As a retired or retiring baby boomer, you have worked hard and achieved a lot in life. You may be an empty-nester now and the big house may not be serving the needs it once did. Now is the time to [...]
David and Carol Tate, both 65, who decided to remodel their home for future needs when they retired, in Yorktown, Va., March 9, 2015. Baby boomers are often choosing to live in places outside the usual retirement spots — or stay where they are and remodel their homes. (Matt Eich/The New York Times) [...]
By Lynn Harris As baby boomers approach retirement, they are faced with having to decide whether or not to downsize. Living in a large home and having to care for the yard, maintenance and cleaning can be overwhelming at times. When looking at options, boomers can find a couple of choices to consider. They could [...]
According to data from the U.S Census bureau, there are approximately 76.4 million baby boomers living in the United States today. Contrary to what many think, there are very different segments within this generation, and one piece that sets them apart are their housing needs. John McManus, editorial director of Hanley Wood’s Residential Group says [...]
Tuxedo cabinets. Hidden appliances. Sleek wood paneling. It reads like a scene ripped out of the latest James Bond movie, but they’re actually the stars of Zillow Digs‘ latest Home Trends Forecast for 2017. “Homeowners today want an open and thoughtfully designed kitchen that blends seamlessly with the rest of the home’s design aesthetic,” said [...]
We regularly receive emails from readers looking for suggestions for how they can start ‘editing’ their lives. They find themselves living lives that feel chaotic. They have too much stuff. Their houses are too big. They might want to downsize their homes but the areas where they live do not have many options for compact housing. Their families are not necessarily [...]
Last month Thom came across an article in the Wall Street Journal (WSJ) with a headline that said, “Everybody Says You Should Downsize. Everybody May Be Wrong.” We both found that statement to be so incredulous that we had to reread it. And we weren’t alone in our surprise. Most of the other comments online [...]
Nerou Chengin the living room of his apartment at The Edge condominium complex in Williamsburg, Brooklyn, New York on Sunday, August 4, 2013. CREDIT: Dorothy Hong for The Wall Street JournalPhoto Assignment ID: 26218 Slug: OLDHIP-Nerou Cheng Jennifer Williams says she often feels like the oldest person on her block. When the 52-year-old [...]
AARP just released its annual study on 2017 Travel Trends. We love to dig into this research each year. It gives us insight about one of our core group of travelers: Baby Boomers. As we well know, single travel has been a huge trend for Baby Boomers, and the outlook for 2017 is no different. [...]
Why more NJ baby boomers are renting instead of buying A growing number of baby boomers, in New Jersey and across the nation are opting to live in rental apartments instead of houses. Researchers at the Metropolitan Housing and Communities Policy Center at the Urban Institute report that over the past several years, we’ve been [...]