Housing Trends for Active Adult LivingPosted 12/22/2014
It’s no secret that the baby boomers are poised to change the face of the housing industry. According to Census Bureau figures, about 38 percent of U.S. households presently are headed by someone over the age of 55. The National Association of Home Builders (NAHB) forecasts that figure will jump to 45 percent in the next five years.
Homeowners transitioning into their Golden Years have different preferences than those in their single and child-rearing years. Members of the 55+ crowd are empty-nesters. Active seniors. Grandparents. Typically, they’re looking for homes with less overall square footage and greater flexibility. In short, they’re looking for places that meet them at their new-found lifestage.
Here are three active-adult community preferences and trends that homebuilders – including Maracay Homes – are watching:
Increased amenities: No longer satisfied with bingo and a community room, today’s baby boomers are demanding more from their next-chapter living environments. Residents are often still working or recently retired and enjoy communal amenities like pools, recreation centers, social events and hiking trails. Many senior communities form social groups around activities like cooking, games or even line dancing. It’s through these events that residents can stay physically, emotionally and socially healthy.
Convenience and community: Through the affordability and convenience that comes with downsizing, active adult communities give seniors the opportunity to age comfortably among those in their generation. Many homes incorporate design elements that promote low-stress living and include special features like an extra bedroom suite for guests and accessible kitchens and bathrooms. In addition, residents are able to enjoy the privacy of home ownership without the obligation to mow the lawn or clean the pool.
Emphasis on “active”: Communities located near city centers allow residents to avoid isolation. Close proximity to shopping, dining, entertainment and public transportation is a purchase influencer, as well.
Says the NAHB, “Today’s baby boomers are not looking for the isolated retirement communities of the past, yet many still want the sense of community and shared interests that come from living in a place designed for their generation. Active adult communities are made for residents looking to remain engaged and independent.”
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