Are Older Generations Really Not Selling Their Homes?

Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving.
The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point!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!
Bottom LineIf you are living in a house that no longer fits your needs, let’s get together to help you find a home that will!
Add a personal message to the top of your email by typing into the box below.
Pro Tip: If you're sending to a list of contacts and you have a first or last name associated with your list, you can type *|FNAME|* or *|LNAME|* to automatically insert the person's name in your message.
To add new contacts to an existing list, click here.
Uh oh! You don't have any lists set up in MailChimp...Take some time to set up an email list here. Once that's done, come back here and refresh! We'll be able to find your email list.
You haven't chosen a list yet.
You can schedule a post to go out at a later time or date. Scheduling is only allowed on 15 minute intervals. You are able to change the recipients and the scheduled date & time after the initial scheduling as well.
When do you want to send this email?Type in the email address(es) you want to send a test email to. Separate multiple addresses with a comma
- You can only send a test to 6 emails at a time.
- You can only send 24 tests per 24 hours.
We've set up a campaign for you to edit and send in MailChimp!
Your test has sent! After reviewing your email you can click the button below to choose recipients for your email.
We've successfully scheduled your email. You can make any necessary changes from the Email History page before the email sends.
Your email has been sent to 0people!
We were unable to send or schedule your email. We found the following issues in your sending checklist:
If you need assistance, contact our support team at support@keepingcurrentmatters.com for more help.
#kcm-post-condensed, #kcm-post-minimal{ background:#fff!important; display:none; } #kcm-post-condensed *, #kcm-post-minimal{ background:#fff!important; } div#kcm-post-condensed h3.kcm-post-condensed-title, #kcm-post-minimal h3.kcm-post-minimal-title { color: #666!important; font-size: 2em!important; font-weight: bold!important; font-family: sans-serif!important; background:#fff!important; } #kcm-post-condensed{ background:#fff; } #kcm-post-condensed p a{ display: inline-block; width: 100%; text-align: center; font-size: 1.2em; color: #00aeff; text-decoration: underline; text-transform: uppercase; } #kcm-post-minimal a{ text-decoration:underline; font-weight:bold; } #kcm-post-condensed a{ text-decoration:underline; font-weight:bold; } #kcm-post-minimal strong{ color:#666; font-size:1em; font-weight:bold; } body{ background:#fff!important; }
Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent ...
Continue ReadingMany studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving.
The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point!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!
Bottom LineIf you are living in a house that no longer fits your needs, let’s get together to help you find a home that will!
Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent ...
Continue ReadingSend Via MailChimp