70% Of Boomers Expect The House They Retire In To Be Their Best

Better Homes and Gardens Real Estate released the findings of a national survey of Baby Boomers (ages 49-67) revealing this influential generation’s feelings of optimism about living an independent, active lifestyle; a lifestyle unrestrained by planned retirement communities and instead bolstered by living out their life passions. The survey indicates that 57% of Boomers plan to move out of their current home and 70% believe the house they retire in will be the best home in which they have ever lived.
“With approximately 77 million Boomers in the U.S., it’s significant to see this population has so much positive anticipation for the home in which they will be retiring, and for the majority, their aspirations involve making a move,” said Sherry Chris, CEO, Better Homes and Gardens Real Estate LLC.
Some 1 out of 4 Boomers surveyed are also likely to buy a second home to use during their retirement years, such as a vacation or beach house. On the selling side, 31% of Boomers are more likely to want to sell their home now than they were five years ago, showing a renewed confidence in the real estate market.