Industry NewsNews Brief

Boomers will need your help to ‘age in place’

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

As Realtors, we need to stay on top of housing issues, and just about every social issue can become a housing issue. Aging is an example of an issue that affects housing, yet seems to be barely on our radar as we continue to work through short sales and foreclosures and work hard to attract first-time homebuyers. Retiring and moving to a warmer climate or an apartment isn't for everyone. There are more people who want to age in place. Aging in place is about staying put, or getting rid of the huge house in the 'burbs and moving into something smaller after the children leave home. Some of us plan to continue working until we are well over 70 if at all possible, and want to live in areas where there is work. I remember working with a couple who were in their 70s who wanted to move into a smaller home with fewer steps and a smaller yard, or no yard at all. When I suggested 55-plus housing, they told me that they did not want to live with old people. They ended up buying a one-story...