NAR’s findings show that Baby Boomers (43%) and the Silent Generation (12%) made up 56% of sellers in 2018! This means the majority of sellers last year were over the age of 54. This also shows these generations ARE moving!
The report also shared the reasons why they chose to move. According to the research, the top reason was a desire to be closer to friends and family. Below is a full breakdown:
As we can see, they have plenty of reasons to sell their current home! But what type of homes are they trading in?
Once again, the report demonstrated that older generations are not keeping that 3-bedroom, 2-bath colonial home. Instead, they are putting it on the market and moving on with their lives!
If you are living in a house that no longer fits your needs, let’s get together to help you find a home that will!
Author:RE/MAX Elite Dated: May 30th 2019 Views: 17 About RE/MAX: ...
View our latest blog posts in your RSS reader. Click here to access.
We are a full service real estate company with over 100 of the best Realtors in town that are committed to their Clients and work extremely hard to achieve the results they deserve. 5 Office Locations throughout Brevard to service all of your needs. #1 COMPANY IN BREVARD COUNTY FOR CLOSED SALES VOLUME SINCE 2015. #1 RE/MAX in Brevard County since 2009!