Percentage of Buyers who Looked Online First

• All Buyers: 44%

• Younger Boomers: 46%

• Older Boomers: 44%

Where Boomers Found the Home They Purchased

The two major ways buyers found the home they purchased:

• All buyers: 50% on the internet, 28% through a real estate agent

• Younger Boomers: 46% on the internet, 33% through a real estate agent

• Older Boomers: 36% on the internet, 35% through a real estate agent

Distance Seller Moved

The distance between the home they purchased and the home they recently sold was much greater for boomers than the average seller.

• All sellers: 20 miles

• Younger Boomers: 27 miles

• Older Boomers: 50 miles

Tenure in Previous Home of Seller

The percentage of older boomers who lived in their previous home for more than 20 years was almost twice the amount of the average seller.

• All sellers: 16%

• Younger Boomers: 20%

• Older Boomers: 31%

Primary Reason to Sell their Previous Home

• Want to move closer to friends or family

• Home too large

• Retirement

View of Homeownership as a Financial Investment

• 83% of Younger Boomers see homeownership as a good investment

• 82% of Older Boomers see homeownership as a good investment

Bottom Line

If you are a boomer and thinking about selling, now might be the time to contact me to help determine your options.