ORLANDO, Fla. – Feb. 18, 2011 – Developers and builders expect baby boomers to re-emerge in the real estate market soon, but they say boomers likely will come with a simpler agenda when it comes to what they’re looking for in a home.
“We have an opportunity to rethink a lot of the things we’ve done” in designing communities and homes that are intended for that age group, says Douglas Van Lerberghe, a land planner in Denver, who spoke during the National Association of Home Builders conference in Orlando, Fla., last month.
Housing experts predict retiring boomers will want a greater variety of housing styles, smaller homes, and developments that are restricted to older buyers.
Other high priorities they expect from this age group:
• Younger boomers will want to continue to work so homes close to job hubs will be important, and more houses will include a home office in the floor plan.
• The group ranks walking trails as its No. 1 amenity.
• Also ranked as important: gated access to communities and security.
• Boomers also want expanded storage in their garages.
Source: “Boomers set to reshape housing market, again,” Chicago Tribune (Feb. 13, 2011)
“We have an opportunity to rethink a lot of the things we’ve done” in designing communities and homes that are intended for that age group, says Douglas Van Lerberghe, a land planner in Denver, who spoke during the National Association of Home Builders conference in Orlando, Fla., last month.
Housing experts predict retiring boomers will want a greater variety of housing styles, smaller homes, and developments that are restricted to older buyers.
Other high priorities they expect from this age group:
• Younger boomers will want to continue to work so homes close to job hubs will be important, and more houses will include a home office in the floor plan.
• The group ranks walking trails as its No. 1 amenity.
• Also ranked as important: gated access to communities and security.
• Boomers also want expanded storage in their garages.
Source: “Boomers set to reshape housing market, again,” Chicago Tribune (Feb. 13, 2011)
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