Home Buying Trends for Baby Boomers
Posted by Greg Dewar on
The baby boomers are a huge generation, spanning in birth years from 1946 to 1964. The youngest baby boomers are 52, while the older ones are 70, meaning a lot of them are empty nesters and either retired or on the verge of retirement.
With all that said, we’ve put together some of the top trends in baby boomer home buying. Whether you’re a baby boomer wondering where you should put your real estate dollars or the child of a baby boomer helping mom and dad look for their next home, these trends offer good insight into baby boomer real estate.
Downsizing but Upgrading
Since many baby boomers are empty nesters, they are downsizing to less square footage but are upgrading everything else. They often prefer high end finishes that they may not have…
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