The Baby Boomers’ Housing Trends

August 28th, 2015 | By | Posted in Uncategorized

Couple infront of HouseBaby boomers, or those born in the USA after World War II and up to 1964, are a generation reaching retirement and looking to find a home with access to a lifestyle that is fulfilling.  They also, at this point, probably own a home and enjoy active lives.   As they carry enormous buying power, their patterns are worth watching because they can affect the entire nation’s housing market in huge ways.

Baby Boomers Prefer to Buy and Pay Off Their Own Homes

It is rare that baby boomers rent their properties. Rather, they aim to own a home and pay it off as soon as they can. They relentlessly pay off mortgages and sometimes even save up so that they can quickly pay on a mortgage and own their property independently. For example, a baby boomer who is searching for homes for sale in PebbleCreek, AZ, will find purchase their home with cash or  follow the traditional route of seeking out a bank mortgage and pay it off as quickly as possible.

Baby Boomers Love Convenience

Dedicated to finding convenient, comfortable, and simple ways to live, baby boomers are now seeking out homes that are appointed with great technology. They love touch-screen thermostats, durable and long-lasting appliances, energy-saving windows, and other built-in conveniences that make homes simple and low-maintenance.

Baby Boomers Are looking for Active Lifestyles

Baby Boomers state that they have any plans to fill their former work schedule time with activities that are physically and mentally stimulating.  Retirement Communities like PebbleCreek with amenities and social activities are very attractive.  Swimming, golf, social clubs and volunteer activities that are easily accessible are in high demand as well as a safe environment with weather conducive to outdoor activity is a priority for a huge percentage of  Boomers

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