The real estate reality for baby boomers: it’s mostly about staying put.
Baby boomers have plans for their real estate lives, and it typically isn’t about moving away from their homes:
- 59% don’t plan to sell after retiring
- They haven’t sold their homes because: 78% like living there, and 54% aren’t financially ready to retire
- Only 4.7% plan to downsize in the future
- 4.4% plan to move out-of-state