{"id":2281,"date":"2019-05-21T05:00:07","date_gmt":"2019-05-21T10:00:07","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/are-older-generations-really-not-selling-their-homes\/"},"modified":"2019-05-21T05:00:07","modified_gmt":"2019-05-21T10:00:07","slug":"are-older-generations-really-not-selling-their-homes","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/are-older-generations-really-not-selling-their-homes\/","title":{"rendered":"Are Older Generations Really Not Selling Their Homes?"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/05\/06124002\/20190521-Share-KCM-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Are Older Generations Really Not Selling their Homes? | Simplifying The Market\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>Many <a href=\"http:\/\/www.freddiemac.com\/fmac-resources\/research\/pdf\/201901-Insight-02.pdf\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">studies<\/a> suggest one of the main reasons for the inventory shortage in today\u2019s market of homes for sale is that older generations have chosen to \u201c<em>age in place<\/em>\u201d over moving.<span id=\"more-39698\"><\/span><\/p>\n<h4><a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/research-reports\/home-buyer-and-seller-generational-trends\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong><em>The 2019 Home Buyers &amp; Sellers Generational Trend Report<\/em><\/strong><\/a><strong> by<em> NAR<\/em> clarifies this point!<\/strong><\/h4>\n<p>NAR\u2019s findings show that Baby Boomers (43%) and the Silent Generation (12%) made up 56% of sellers in 2018! This means the majority of sellers last year were over the age of 54. This also shows these generations ARE moving!<\/p>\n<p>The report also shared the reasons why they chose to move. According to the research, the top reason was a desire to be closer to friends and family. Below is a full breakdown:<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/05\/06141040\/20190521MEM-ENG-1.jpg?ssl=1\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-39703\" src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/05\/06141040\/20190521MEM-ENG-1.jpg?resize=650%2C366&#038;ssl=1\" alt=\"Are Older Generations Really Not Selling their Homes? | Simplifying The Market\" width=\"650\" height=\"366\" \/><\/a><\/p>\n<p>As we can see, they have plenty of reasons to sell their current home! But what type of homes are they trading in?<a href=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/05\/06141147\/20190521MEM-ENG-2.jpg?ssl=1\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-39704\" src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/05\/06141147\/20190521MEM-ENG-2.jpg?resize=650%2C366&#038;ssl=1\" alt=\"Are Older Generations Really Not Selling their Homes? | Simplifying The Market\" width=\"650\" height=\"366\" \/><\/a><\/p>\n<p>Once again, the report demonstrated that older generations are not keeping that 3-bedroom, 2-bath colonial home. Instead, they are putting it on the market and moving on with their lives!<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you are living in a house that no longer fits your needs, let\u2019s get together to help you find a home that will!<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many studies suggest one of the main reasons for the inventory shortage in today\u2019s market of homes for sale is that older generations have chosen to \u201cage in place\u201d over moving. The 2019 Home Buyers &amp; Sellers Generational Trend Report by NAR clarifies this point! NAR\u2019s findings show that Baby Boomers (43%) and the Silent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2282,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-2281","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Are Older Generations Really Not Selling Their Homes?&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/are-older-generations-really-not-selling-their-homes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are Older Generations Really Not Selling Their Homes?&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Many studies suggest one of the main reasons for the inventory shortage in today\u2019s market of homes for sale is that older generations have chosen to \u201cage in place\u201d over moving. 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