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Buy Or Sell With James Jestes and eXp Realty

386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

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Retirement May Be Changing What You Need in a Home

Retirement May Be Changing What You Need in a Home | Simplifying The Market

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom:

“At least 1.7 million more older workers than expected retired due to the pandemic recession.”

If you’ve recently retired, your home may not fit your new lifestyle. The good news is, you’ve likely built-up significant equity that can fuel your next move. According to the latest Homeowner Equity Insights report from CoreLogic, homeowners gained more than $50,000 in equity over the past 12 months alone. That, plus today’s sellers’ market, presents a great opportunity to sell your house and address your evolving needs.

You Can Move Closer to the Ones You Love

The 2021 Home Buyers and Sellers Generational Trends report from the National Association of Realtors (NAR) provides a look at the reasons people buy homes. For those reaching retirement age, the number one reason to buy is the opportunity to be closer to loved ones, friends, or relatives.

If you find yourself farther from your loved ones than you’d like to be, retirement and the equity you’ve built in your home may enable you to move closer to the people in your life who matter most.

You Can Find the Right Home for Your Needs

Not only can your equity power a move to a new location, but it can also help you purchase the right size home. Lawrence Yun, Chief Economist at NAR, says many homebuyers 55 and older choose to downsize – or buy a smaller home – when they make a purchase:

“Clearly from the age patterns, young people want to upsize, and the older generation is looking to downsize. . . .”

Whatever your home goals are, a trusted real estate advisor can help you to find the best option for your situation. They’ll help you sell your current home and guide you as you buy your next one while you move into this new phase of life.

Bottom Line

If you’ve recently retired and your needs are changing, you’re not alone. Let’s connect so you can get a better sense of how to find a home that will match your situation.


GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Recent MLS Listings Today

580 Rio Vista Avenue Daytona Beach FL 32114
Featured
1 / 69
$799,000
3
BEDS
2
TOTAL BATHS
1,841
SQFT
580 Rio Vista Avenue Daytona Beach, FL 32114
Single Family Residence For Sale
- Active

Embrace the ultimate waterfront lifestyle in this stunning riverfront retreat, offering breathtaking views, deep-water access, and a private dock with a brand-new boat lift. This 3-bed, 2-bath, 1,841 sq. ft. home sits on 100 ft of deep water frontage

Listing courtesy of James Jestes of EXP Realty LLC
1816 S Ocean Shore Boulevard Flagler Beach FL 32136
New Listing - 43 minutes on site
1 / 72
$1,450,000
5
BEDS
3
TOTAL BATHS
2,402
SQFT
1816 S Ocean Shore Boulevard Flagler Beach, FL 32136
Triplex For Sale
- Active

Hot Off the Press! Three Beautiful Renovated Flagler Beach Cottages. Zoned Hotel District. Airbnb Allowed. Walk to the Beach! All Cottages have an Ocean View! Located Near Shops and Restaurant's. Swim at the Beach then Relax on the Front Porch. Cotta

Listing courtesy of Kathy DeLanoy of Delco Realty Group Inc.
24 Sand Dollar Drive Ormond Beach FL 32176
Open House Sat, Jun 28, 12 PM
1 / 40
$520,000
3
BEDS
2
TOTAL BATHS
1,523
SQFT
24 Sand Dollar Drive Ormond Beach, FL 32176
Single Family Residence For Sale
- Active

SEABRIDGE SOUTH - Features underground utilities, private sewer system with no HOA. This property includes a beautifully landscaped 3-bedroom, 2-bathroom home with an oversized 2-car garage and a pool. The interior boasts laminate floors, vaulted cei

Listing courtesy of Hella Rominger of Century 21 Sundance Realty
6109 Sabal Point Circle Port Orange FL 32128
New Listing - 3 hours on site
1 / 52
$515,000
3
BEDS
2
TOTAL BATHS
2,112
SQFT
6109 Sabal Point Circle Port Orange, FL 32128
Single Family Residence For Sale
- Active

This 3 BR Johnson-Built screened pool home is waiting for its next family. Entering the open foyer you will find a bedroom that can also double as a den/study. Located on an oversized fenced corner lot. Plenty of room for entertaining or gardening.

Listing courtesy of Tina Schlegel of Realty Pros Assured

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SEARCH ALL HOMES IN THE GREATER DAYTONA BEACH AREA HERE

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Related posts:

  1. Should You Buy a Retirement Home Sooner Rather than Later?
  2. What is Important to Boomers when Selling their House?
  3. Millennials: Is It Time to Buy a Bigger Home?
  4. What to Consider When Choosing Your Home To Retire In

Posted in: Baby Boomers, Blog, Demographics, For Buyers, For Sellers, Senior Market

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James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

FEATURED LISTINGS

No Results Found.

SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

Price

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Today’s Real Estate Information

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James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

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James Jestes
eXp Realty
386-315-4744
James@JamesJestes.com

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