Saturday 14 May 2022

David Reecher: Senior Housing Statistics since 2010

 Senior-related housing has increased slightly from 11 percent to 14 percent of buyers over the age of 50. 

  • Many of these (68 percent) purchased a detached, single-family home.
  • Fifty percent bought in a suburb or subdivision, down slightly from 52 percent in 2020.  
  • When not purchasing in the suburbs, buyers focused on small towns (16 percent, down from 19 percent). 
  • Increasingly, senior buyers are looking to resort or recreational areas (17 percent up from 13 percent in 2020. 

David Reecher and the Rapid Results Team at eXp Realty can be reached at 443-623-2565, David.reecher@eXpRealty.com

No comments:

Post a Comment

3 Tips to Get Your Offer Accepted in a Competitive Market: By David Reecher

#1: Make sure you’ve offered a competitive price on the home, if there are multiple offers, and you are able to remove the appraisal or loan...