Retirement May Be Changing What You Need in a Home

Retirement May Be Changing What You Need in a Home

The recent retirement boom is something to talk about. Data from the Schwartz Center for Economic Policy Analysis shows that more people retired this year than anticipated, and it's not just slowing down either-in 2021 there was still an increase in those leaving work early!

“At least 1.7 million more older workers than expected retired due to the pandemic recession.”

When you’ve retired, your home is one place that might not fit the lifestyle. Thankfully there's plenty of equity built-up right now and in today's sellers' market!
The Homeowner Equity Insights Report from CoreLogic says we're all gaining more than $50K worth over 12 months--and it can help fuel any new move after retirement.

You’ve heard it before, and you will hear people say this until the end of time. The number one reason to buy a home is because they want their loved ones close by! If that doesn't sound like something for which you're looking right now though maybe consider all those quotes on retirement homes: "Retirement isn't just about slowing down; it's going backwards!" And with good reason--working can be tough work sometimes (we get paid peanuts!). Fortunately there are ways around being so far away from family members or friends when we retire in order not have any regrets come next January 1st...

Find the Right Home for Your Needs

Homeownership is a coveted goal for many people in the United States, but as life circumstances change and we age our homes become less affordable. Not only can your equity power an escape into another location or help you purchase what’s right size home; it also provides stability during these changing times with options like downsizing from larger pastures onto smaller pastures--or even buying sooner rather than later! A trusted advisor will walk alongside not just one household's decisions about selling their current property - they'll be there guiding every step toward finding exactly which new place best suits both lifestyle needs now AND wallet.

Bottom Line

If you’ve recently retired and your needs are changing, don't worry. Let's connect so I can help find a home that will match what is going on in life today - especially with retirement kicking off!

Lamont "Ben" Orr - The Orr Team eXp Realty 720-425-3365

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