Retirement May Be Changing What You Need in a Home

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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. 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.

You Can Move Closer to Loved Ones

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.

Retirement May Be Changing What You Need in a Home | Real Estate with Jenna Davis (simplifyingthemarket.com)