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Real Estate News and Advice |
November 11, 2009 |
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Aging In Place Features More Important Than Ever In New Homes
by Michele Dawson
With recent surveys showing that many of the millions of aging Baby Boomers want to stay in their homes after retirement, builders and remodelers are peppering the houses they build with many age-in-place features. There are 30 million boomers between the crucial ages of 47 and 58. "Builders and remodelers have their finger on the pulse of today's largest home-buying population: Baby Boomers who want their homes designed so that they can gracefully age in place," said Bobby Rayburn, National Association of Home Builders president, and a home and apartment builder from Jackson, Miss. "Regardless of age or lifestyle choices, every American should have the option to live in a home that is comfortable, and allows them to maintain their independence and integrity." NAHB says builders are more conscientious of Boomers' needs and are including the following features in new homes:
Bill Lurz, senior editor of Professional Builder magazine, reported in a June 1, 2004, article that those in the 47 to 58 age bracket (termed "nexers" because they are the next generation in the market for active adult housing) have a specific set of needs, including:
And when it comes to where active adults (those between 55 and 74) are buying, they tend to gravitate toward suburban areas near metropolitan markets. The top county for these homeowners was Sumter County, Florida., according to the 2000 U.S. Census Bureau. Some 61.6 percent of homeowners ages 55 to 74 bought a home in the Florida County since 1995. Nye County, Nevada, and Archuleta County, Colorado, took the second and third spots. "About three-quarters of the active adult communities that are built, are in close-in suburbs or outer suburbs, although downtown areas are steadily gaining popularity," said Bonnie Solomon, chair of the NAHB Seniors Housing Council and a vice president of several retirement communities in St. Louis and Kansas City, Missouri, and Atlanta. "Builders are simply responding to the market demand." Published: March 22, 2005 Use of this article without permission is a violation of federal copyright laws. Related Articles: |
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