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Many Baby Boomers Looking To Downsize

Many Baby Boomers Looking To Downsize

| Oct 21, 2013 | Housing Market

New research has found that baby boomers left with empty nests are much more likely to provide their children with financial aid than to invite them back into their homes. The study suggests that boomers are happy with their empty nests, and many are looking to downsize their homes. The vice president of brand marketing for Del Webb, Fred Ehle said, “Once kids leave the home, parents take a close look at their home and often find their large home no longer fits their new lifestyle. Do they need all this space?  Do they want to maintain the large yard?  So, they think about downsizing or moving to a new area.” More here

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