![Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]](https://richardsonlending.com/wp-content/uploads/2021/04/20210409-KCM-Share-549x300-1.png)
by Jason Richardson | Apr 9, 2021 | Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers, Senior Market
Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying...
by Jason Richardson | Oct 9, 2020 | Baby Boomers, For Buyers, For Sellers, Interest Rates, Senior Market
Every day in the U.S., roughly 10,000 people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking to settle into for...
by Jason Richardson | Feb 6, 2020 | Baby Boomers, Demographics, For Sellers, Generation X, Senior Market
A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a...
by Jason Richardson | Aug 21, 2019 | Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths, Senior Market
Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because, “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true...
by Jason Richardson | May 21, 2019 | Baby Boomers, Demographics, For Buyers, For Sellers, Housing Market Updates, Senior Market
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!...
by Jason Richardson | Apr 30, 2019 | Baby Boomers, Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Housing Market Updates, Millennials, Move-Up Buyers, Senior Market
There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the more likely their...
