Should You Buy a Retirement Home Now?Spending the next few years in a place that truly makes you smile every day might be the best way to round out a long and meaningful career
Prior to the health crisis that swept the World in 2020, most people had to wait until they retired to make a move to the type of life they were looking to settle into for their later years in life. This year, however, the game changed.
Many of today’s workers who are nearing the end of their professional careers, but maybe aren’t quite ready to retire, have a new choice to make: should I move before I retire? If you have the opportunity to work remotely for the foreseeable future, now may be a great time to purchase that home you’ve always dreamed of in the sprawling countryside that might be a little further out of town. Whether it’s a second home or a future retirement home, spending the next few years in a place that truly makes you smile every day might be the best way to round out a long and meaningful career.
Why These Homeowners Are Making Moves Now
The health crisis this year made us all more aware of the importance of our family and friends, and many of us have not seen our extended families since the pandemic started. It’s no surprise, therefore, to see that the top reason making people move is that they want to be closer to family and friends. With the overall number of homes for sale, today hitting a historic low, and with the buyer demand for single-family homes skyrocketing, there’s never been a more ideal time to sell a single-family home and make a move toward retirement. Today’s market has the perfect combination of driving forces to make selling optimal, especially while buyers are looking to take advantage of low-interest rates.
If you’re one of the retirees with a single-family home and want to move closer to your family, now is the time to put your house on the market. With the pace, homes are selling today.
Whether you’re looking to fully retire or to buy a home with the intent to use it as your retirement home in the future. Reach out to our regional sales experts today to learn more about the options in your local market.