There seems to have been an accepted progression for homeowners going from starter home, to gradually moving into one’s dream home, then, downsizing after becoming an empty nester and finally, into a retirement home. However, Marianne Cusato’s 2016 Aging-in-Place Report indicates that many older Americans don’t plan on following that pattern.
61% of homeowners above the age of 55 intend on staying in their homes indefinitely. 2/3 of them believe that the home’s layout will serve their needs without having to make aging-related improvements.
Some of the reasons being cited for staying in place are:
66% say their home is conveniently located
38% say they live close to their family
68% say they feel independent in their home
54% say they are familiar with their neighborhood
66% say the feel safe in their home
Typical renovations that might be considered for their current home are things like grab bars in the tub or shower, shower seats, taller toilets, handheld showerheads and additional handrails on stairways.
It seems that the report’s conclusion is that regardless of a homeowner’s age, they want to thrive in their home. The same emotional reasons that causes a person to want to buy a home are the things that cause them to hold onto them if is practical.
SEE MORE POSTS: https://duanecaraballo.wordpress.com/2017/01/26/boomers-are-staying-in-place/
Author:Duane Caraballo Phone: 720-371-8629 Dated: May 16th 2017 Views: 239 About Duane: ...
View our latest blog posts in your RSS reader. Click here to access.
There seems to have been an accepted progression for homeowners going
""Duane Caraballo is an outstanding realtor. He is an easy-going, fun person to work with. His knowledge of the Colorado Front Range, the extremely competitive Boulder housing market, and genuine interest in our needs and desires made buying our property a fantastic experience. Duane was patient, extremely attentive, and offered sound advice during the entire process. We couldn't be happier with our investment or with the service we received from Duane. Truly, I am convinced that if it weren’t for Duane, we would never have been able to purchase and close on this Boulder property. We would certainly recommend Duane Caraballo and Re-Max realty to others. Thanks so much for everything!" 6/5/16"