Monday Market Update: Dream Homes Come In All Sizes

When you think downsizing… you think one thing, right? RETIREMENT. And while many retirees do choose to downsize, there are other reasons, and other generations, who are choosing less space too!

Check out this recent infographic from the California Association of REALTORS® on the various reasons that homeowners reduce the size of their homes.


For further reading, check out this recent read from Business Insider about the challenge that some markets are facing given the differing needs and wants of Baby Boomers and millennials when it comes to home sizes and styles.

“Millennials don’t want to buy baby boomers’ sprawling, multi-bedroom homes, and it’s creating a major problem in the real-estate market”

For insights into retirees who want more and not less… check out an article from New Home Source published in Q3 of 2019 regarding ‘why some Baby Boomers go big.’

“Baby Boomers Who Upsize for Retirement”

As you can see… home size is far more a function of lifestyle rather than age. If you need helping moving up, down or into a home that meets the life you want to live today, please do not hesitate to reach out.

Cheers to living your best life,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

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