inception-app-prod/YTc4N2Y5ZmYtODVjNS00ODc2LWFkMzYtMzgxMGUyZmI1MmUx/content/2022/04/a317c4302ddc7434bb56a3e2f9d64cf44557426b.png
  • Home
  • About
  • Local Communities
  • Search Active Listings
  • Our Listings
  • Get Your Home Value
  • Testimonials
440-305-6795
Michelle@MichelleWillSell.com
Sign In
Sign Up
inception-app-prod/YTc4N2Y5ZmYtODVjNS00ODc2LWFkMzYtMzgxMGUyZmI1MmUx/content/2022/04/a317c4302ddc7434bb56a3e2f9d64cf44557426b.png
  • Home
  • About
  • Local Communities
  • Search Active Listings
  • Our Listings
  • Get Your Home Value
  • Testimonials
inception-app-prod/YTc4N2Y5ZmYtODVjNS00ODc2LWFkMzYtMzgxMGUyZmI1MmUx/content/2022/04/a317c4302ddc7434bb56a3e2f9d64cf44557426b.png
inception-app-prod/YTc4N2Y5ZmYtODVjNS00ODc2LWFkMzYtMzgxMGUyZmI1MmUx/content/2021/11/9c7caabedf63f52970422829b87216fdbe0c0d53.jpg

Retirement May Be Changing What You Need in a Home

inception-app-prod/YTc4N2Y5ZmYtODVjNS00ODc2LWFkMzYtMzgxMGUyZmI1MmUx/logo/2020/02/michelle-cropped-no-background-reversed-smaller.jpg
Michelle Green,11/17/2021

Retirement May Be Changing What You Need in a Home

Retirement May Be Changing What You Need in a Home | MyKCM

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom:

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

If you’ve recently retired, your home may not fit your new lifestyle. The good news is, you’ve likely built-up significant equity that can fuel your next move. According to the latest Homeowner Equity Insights report from CoreLogic, homeowners gained more than $50,000 in equity over the past 12 months alone. That, plus today’s sellers’ market, presents a great opportunity to sell your house and address your evolving needs.

You Can Move Closer to the Ones You Love

The 2021 Home Buyers and Sellers Generational Trends report from the National Association of Realtors (NAR) provides a look at the reasons people buy homes. For those reaching retirement age, the number one reason to buy is the opportunity to be closer to loved ones, friends, or relatives.

If you find yourself farther from your loved ones than you’d like to be, retirement and the equity you’ve built in your home may enable you to move closer to the people in your life who matter most.

You Can Find the Right Home for Your Needs

Not only can your equity power a move to a new location, but it can also help you purchase the right size home. Lawrence Yun, Chief Economist at NAR, says many homebuyers 55 and older choose to downsize – or buy a smaller home – when they make a purchase:

“Clearly from the age patterns, young people want to upsize, and the older generation is looking to downsize. . . .”

Whatever your home goals are, a trusted real estate advisor can help you to find the best option for your situation. They’ll help you sell your current home and guide you as you buy your next one while you move into this new phase of life.

Bottom Line

If you’ve recently retired and your needs are changing, you’re not alone. Let’s connect so you can get a better sense of how to find a home that will match your situation.

Print Details
Previous post
Next post
Sellers: You’ll Likely Get Multiple Strong Offers This Season
Home Sales About To Surge? We May See a Winter Like Never Before.

Have a question?

SEND
Submitting
Succes! Your message was sent!
Oops! Error occurred.

Search listings

Enter city, zip, neighborhood, address…
Loading in progress…
No results found
Type in anything you’re looking for

Office

Michelle Green Prof. Group
7470 Broadview Rd.Parma
OH 44134
216-236-6373
operations@MichelleWillSell.com

Essentials

  • Home
  • About
  • Local Communities
  • Search Active Listings
  • Our Listings
  • Get Your Home Value
  • Testimonials
  • Contact

Explore our communities

  • Parma
  • North Royalton
  • Strongsville
  • Seven Hills
  • Broadview Heights
  • Parma Heights
  • Middleburg Heights
  • Independence

Consumer Protection & Privacy

  • Accessibility
  • DMCA Compliance
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.
inception-app-prod/YTc4N2Y5ZmYtODVjNS00ODc2LWFkMzYtMzgxMGUyZmI1MmUx/content/2022/04/bbd632c5a27595d3938d8e7b1d7af37a4e04bf31.png

© 2022 All rights reserved

Created with Placester

Sign in

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Enter your email address

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Sign Up
Your password has been successfully reset.
Go to the homepage
Sorry something went wrong
Please try again.
Try again
Send
Succes! Your message was sent!
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Please wait...

Account Verified!
You may now log in into your account
Go to the homepage
Verify your email address
In order to log in to your account, you need to confirm your email address. Please check your inbox!
Go to the homepage

Share this listing

Copy Link