More People Are Finding the Benefits of Multigenerational Households Today

Written by Pompano Beach Mortgage Syndicated User on November 18, 2022. Posted in Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials, Pompano Beach Condo Financing, Pompano Beach Mortgage.

If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years. As you consider this option for your own home search, know it could help you on your homeownership journey and provide you with other incredible benefits along the way. Living with Loved Ones Could Help You Achieve Your Homeownership Goals There are several...

Planning To Retire? Your Equity Can Help You Reach Your Goal.

Written by Pompano Beach Mortgage Syndicated User on August 19, 2022. Posted in Baby Boomers, Demographics, For Sellers, Pompano Beach Condo Financing, Pompano Beach Mortgage, Senior Market.

Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generation have already retired. If this sounds like you, one thing worth considering is whether or not your current home will suit your new lifestyle. If your home doesn’t have the features or benefits you’re looking for, the good news is, you may...

Is It Time To Buy a Smaller Home?

Written by Pompano Beach Mortgage Syndicated User on April 19, 2022. Posted in Baby Boomers, For Buyers, For Sellers, Pompano Beach Condo Financing, Pompano Beach Mortgage, Senior Market.

Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that mean for your home? If you’re looking for ways to focus more on the important things in your life, the answer could be downsizing. A recent article from The Balance talks about why it could be a great option, saying: “There are many reasons to buy a smaller home—or to downsize from your present home—but sometimes,...

What Is Multigenerational Housing? [INFOGRAPHIC]

Written by Pompano Beach Mortgage Syndicated User on April 16, 2022. Posted in Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Pompano Beach Condo Financing, Pompano Beach Mortgage, Senior Market.

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes today. Let’s connect so you can find a house that meets your changing needs and has plenty of space for you and your loved ones. Content previously posted on Keeping Current Matters

Category: Baby Boomers

More People Are Finding the Benefits of Multigenerational Households Today

Planning To Retire? Your Equity Can Help You Reach Your Goal.

Is It Time To Buy a Smaller Home?

What Is Multigenerational Housing? [INFOGRAPHIC]