3 Things That Are Not Going To Happen in Today's Housing MarketThere’s a lot of uncertainty right now and that’s leading to some dramatic headlines. And if you’re thinking about
Dated: October 10 2023
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During the pandemic, many people distanced themselves from their loved ones for health reasons. Grandparents were told to stay away from their grandkids, especially as schools started to open. That’s because it would have been risky to visit with their grandchildren who may have gotten sick from school.
Now that the pandemic has passed, many grandparents want more than ever to be near their grandchildren again to make up for that lost time. But how are they getting that “Grandparent Wish?” The data tells us many are moving to make sure they’re getting more quality time.
Recent data from the National Association of Realtors (NAR) shows people between the ages of 55 and 74 are moving farther (more than 100 miles) than any other age group (see graph below):
The average age of grandparents in the U.S. is 67 years. The logical leap is that at least some of the people who are moving the furthest are grandparents. But what’s causing them to move so far?
The same report from NAR shows the top reason people move is to be closer to loved ones (see graph below):
Based on this data, it’s fair to say many grandparents are getting their wish of more quality time with their grandchildren by moving to be closer to them. And after experiencing isolation and loneliness during the COVID pandemic, that’s an especially good thing.
If you’re a grandparent, you know how important your grandchildren are. And you may be willing to sell and move just to be closer by. As Vance Cariaga, a journalist at Go Bank Rates, explains:
“Never underestimate the power of grandchildren – especially when it comes to lifestyle and financial decisions. Recent data shows that many baby boomers are relocating further away from home than they used to so they can be closer to their grandbabies.”
The data shows grandparents are moving further to be near their grandchildren. If you have grandchildren of your own, maybe you can relate. When you decide it’s time to be closer to your loved ones, let's connect.
Here is a story:
When Mary and John decided to sell their house and move closer to their family and grandchildren, it was a decision that was both difficult and heartwarming. They had lived in their home for many years and had created countless memories there, but they knew that being closer to their loved ones was the right choice for them. Here is their story:
Mary and John's decision to sell their house and move closer to their family and grandchildren was a difficult one, but it was also a heartwarming one. They knew that being closer to their loved ones was the right choice for them, and they were excited for the new memories they would create in their new home.
Hi there! Are you thinking about buying or selling a home in Southern California? I'm a licensed real estate sales associate and Notary Public. With many years of experience under my belt, I've he....
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