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Are Older Generations Really Not Selling Their Homes?


Are Older Generations Really Not Selling their Homes? | MyKCM


Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving.

The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point!

NAR’s findings show that Baby Boomers (43%) and the Silent Generation (12%) made up 56% of sellers in 2018! This means the majority of sellers last year were over the age of 54. This also shows these generations ARE moving!

The report also shared the reasons why they chose to move. According to the research, the top reason was a desire to be closer to friends and family. Below is a full breakdown:

Are Older Generations Really Not Selling their Homes? | MyKCM

As we can see, they have plenty of reasons to sell their current home! But what type of homes are they trading in?Are Older Generations Really Not Selling their Homes? | MyKCM

Once again, the report demonstrated that older generations are not keeping that 3-bedroom, 2-bath colonial home. Instead, they are putting it on the market and moving on with their lives!

Bottom Line

If you are living in a house that no longer fits your needs, let’s get together to help you find a home that will!

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Finding the The Remo Team was just what I needed to make selling my home as painless as possible. Working with Marty was truly a pleasure. He always went the extra mile.. Literally! Selling my second home, which was over 60 miles from where I currently reside, came with many challenges.. All of  which Marty was fully equipped and ready to handle. His presentation of the home was stunning, right down to the professional walk through video, which I now hold as a sentimental keepsake. I would highly recommend working with the The Remo Team for all of your real estate needs. Put your home in Marty's hands and leave your worries behind!

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Marty Remo expertly crafted a complex deal involving the sale of my home in unique market conditions.  From managing the showing process to negotiating sale terms in the most beneficial way Marty consistently went the extra mile to get us painlessly to the closing table and hopefully into our next  home.  Marty's years of experience and excellent client service skills make him top choice for our real estate needs.

He goes above & beyond in so many ways

I cannot say enough about Marty! He is extremely knowledgeable about so many aspects of the home buying/selling/renting process.  We bought our current home from him & currently use his services for our rental property.  He goes above & beyond in so many ways & has helped us navigate through the  stresses of buying/selling/renting homes.

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