Baby Boomers Ready for Dream Homes
A recent study by Hanley Wood shows baby boomers are housing trend setters and plan to retire comfortably. In the study, 63% state enjoying their home after retirement is above or equal to spending time with grandchildren. This means baby boomers will place emphasis on their surroundings, more so than any other generation before them.
On the move again, baby boomers will be replacing large family homes with brand new homes or purchasing second homes to supplement their lifestyles. “Thirty-five percent said they would prefer to buy a different or new home to get what they want, while 17% were ready to design or build a new home to meet their needs and desires. Fifteen percent were cost-conscious remodelers who plan on upgrading their current home; 12% said they planned to purchase a second home.”
You may have to look hard to find the Lazy Boy as well; “Many have a list of dream amenities: Homes that are cozy and comfortable, yet airy and spacious; homes without stairs, but with room for a Stairmaster; living spaces that are energy efficient, but deluxe. They don’t want single-age communities, instead looking for opportunities to stay active.”
Full article from Wall Street Journal: Trendsettting Baby Boomers Ready for ‘Me Time’ in Homes
