Empty Nesters Lead the Way toward New Housing Trends New Jersey

Aging boomers say no to stairs and maintenance, yes to luxuries.

Local Companies

Cooper Real Estate Manage
(973) 624-3300
55 Halsey St
Newark, NJ
Ryan Real Estate Inc
(973) 705-8888
1072 Bergen St
Newark, NJ
Faina Sechzer Princeton Real Estate
609-553-4175
220 Arreton Road
Princeton, NJ
seahorse enterprises
732-299-5923
Third Ave
Bradley Beach, NJ
Avalon Ready and Waiting / Home, Boat or Even Dinner Ready When You Arrive!
1-800-961-0415
Concierge Services Events Property Management,
Avalon, NJ
New Jersey Real Estate Guys
201-610-1010
1 Marine View Plaza
Hoboken, NJ
Hudson Realty Group
201-805-7403
79 Hudson Street
Hoboken, NJ
Applegate Real Estate Investment Group
(732) 501-6154
400A Spotswood-Englishtown Road
Monroe Twp., NJ
HOMETECH NJ INSPECTION SERVICES LLC
201 340 2104
49 Hedden ter 2 fl
North Arlington, NJ
Real Estate Consultants
973 726 9808
17 Woodport Rd
Sparta, NJ

provided by: 

So – the kids are gone, you’ve got some newfound freedom and you’re thinking about moving. You’ve long been known as a baby boomer, but these days you’re also known as an empty nester. And at this stage, as throughout your trend-making lives, you and your peers are making lifestyle changes that are rippling throughout American society.

Not surprisingly, as the number of empty nesters booms – 40 percent of households will be led by someone 55 or older by 2012, according to the National Association of Home Builders -- builders are developing neighborhoods at virtually every price point with empty nesters in mind. Although specifics vary, some basic trends are emerging:

One-level living. Stairs and aging joints aren’t exactly a match made in heaven, so home geared toward empty nesters are either built on one level or keep the master bedroom and all the primary living areas on the main level.

Reduced exterior maintenance. Many developers are luring empty nesters by including yard maintenance – even with single-family homes -- and using building materials that require little to no maintenance.

Turn-key lifestyles. Active empty nesters like to travel – they have grandchildren to spoil and dream vacations to enjoy – and want to be able to turn the key and leave without worrying about security or maintenance.

Down-sizing doesn’t mean skimping on amenities. Empty nesters who give up square footage still want open floor plans, gourmet kitchens and large master suites.

Condominiums combine many of those attributes, and are expected to become increasingly popular choices for empty nesters of varying income levels. But other kinds of neighborhoods that suit empty-nesters’ needs are emerging as well.

Higher-income empty nesters – people between 50 and 60 years old with annual household incomes of $100,000 or more – are driving many of the emerging housing trends, according to a survey conducted by DYG Inc. for Hanley Wood publishers, which covers the housing building industry. The survey report called them “Boomfluentials.”

About half of the Boomfluentials surveyed said they wanted to change their lifestyle and downsize when they retired. Close to 40 percent said they wanted to live in a better climate. Only one in five wanted to stay in their current home when they retired.

The survey highlighted additional empty-nester housing trends to watch:

  • The market for single-family detached homes will weaken as more empty nesters move into multifamily housing. That includes patio homes as well as condominiums and co-ops.
  • Semi-detached homes like duplexes, row houses and townhouses also will become more popular because they meet empty-nesters’ desires for less space and reduced maintenance.
  • Rural communities are likely to become increasingly popular for retiring empty nesters, especially in areas with warmer climates.

A February 2006 report by the National Association of Home Builders also found a strong preference for outdoor living among empty nesters, even if they weren’t in places like Arizona or Florida. Empty nesters are looking for covered balconies, porches with ceiling fans and courtyards with fireplaces so they can enjoy leisure time outdoors, according to the report.

Definitely trends worth following, whether your kids are home or having children of their own.

 

Published on April 09, 2007

Read full article at realestate.com

Featured Local Company

Cooper Real Estate Manage

(973) 624-3300
55 Halsey St
Newark, NJ

Regional Articles
- Empty Nesters Lead the Way toward New Housing Trends Absecon NJ
- Empty Nesters Lead the Way toward New Housing Trends Asbury Park NJ
- Empty Nesters Lead the Way toward New Housing Trends Atlantic City NJ
- Empty Nesters Lead the Way toward New Housing Trends Barnegat NJ
- Empty Nesters Lead the Way toward New Housing Trends Basking Ridge NJ
- Empty Nesters Lead the Way toward New Housing Trends Bayonne NJ
- Empty Nesters Lead the Way toward New Housing Trends Bayville NJ
- Empty Nesters Lead the Way toward New Housing Trends Belle Mead NJ
- Empty Nesters Lead the Way toward New Housing Trends Belleville NJ
- Empty Nesters Lead the Way toward New Housing Trends Belmar NJ
- Empty Nesters Lead the Way toward New Housing Trends Bergenfield NJ
- Empty Nesters Lead the Way toward New Housing Trends Blackwood NJ
- Empty Nesters Lead the Way toward New Housing Trends Bloomfield NJ
- Empty Nesters Lead the Way toward New Housing Trends Boonton NJ
- Empty Nesters Lead the Way toward New Housing Trends Bordentown NJ
- Empty Nesters Lead the Way toward New Housing Trends Brick NJ
- Empty Nesters Lead the Way toward New Housing Trends Bridgeton NJ
- Empty Nesters Lead the Way toward New Housing Trends Bridgewater NJ
- Empty Nesters Lead the Way toward New Housing Trends Browns Mills NJ
- Empty Nesters Lead the Way toward New Housing Trends Burlington NJ
- Empty Nesters Lead the Way toward New Housing Trends Caldwell NJ
- Empty Nesters Lead the Way toward New Housing Trends Camden NJ
- Empty Nesters Lead the Way toward New Housing Trends Cape May Court House NJ
- Empty Nesters Lead the Way toward New Housing Trends Cape May NJ
- Empty Nesters Lead the Way toward New Housing Trends Carteret NJ
- Empty Nesters Lead the Way toward New Housing Trends Cherry Hill NJ
- Empty Nesters Lead the Way toward New Housing Trends Clark NJ
- Empty Nesters Lead the Way toward New Housing Trends Clementon NJ
- Empty Nesters Lead the Way toward New Housing Trends Cliffside Park NJ
- Empty Nesters Lead the Way toward New Housing Trends Clifton NJ
- Empty Nesters Lead the Way toward New Housing Trends Collingswood NJ
- Empty Nesters Lead the Way toward New Housing Trends Colonia NJ
- Empty Nesters Lead the Way toward New Housing Trends Cranford NJ
- Empty Nesters Lead the Way toward New Housing Trends Denville NJ
- Empty Nesters Lead the Way toward New Housing Trends Deptford NJ
- Empty Nesters Lead the Way toward New Housing Trends Dumont NJ
- Empty Nesters Lead the Way toward New Housing Trends East Brunswick NJ
- Empty Nesters Lead the Way toward New Housing Trends East Orange NJ
- Empty Nesters Lead the Way toward New Housing Trends Eatontown NJ
- Empty Nesters Lead the Way toward New Housing Trends Edison NJ
- Empty Nesters Lead the Way toward New Housing Trends Egg Harbor Township NJ
- Empty Nesters Lead the Way toward New Housing Trends Elizabeth NJ
- Empty Nesters Lead the Way toward New Housing Trends Englewood NJ
- Empty Nesters Lead the Way toward New Housing Trends Englishtown NJ
- Empty Nesters Lead the Way toward New Housing Trends Ewing NJ
- Empty Nesters Lead the Way toward New Housing Trends Fair Lawn NJ
- Empty Nesters Lead the Way toward New Housing Trends Flemington NJ
- Empty Nesters Lead the Way toward New Housing Trends Forked River NJ
- Empty Nesters Lead the Way toward New Housing Trends Fort Lee NJ
- Empty Nesters Lead the Way toward New Housing Trends Freehold NJ
- Empty Nesters Lead the Way toward New Housing Trends Garfield NJ
- Empty Nesters Lead the Way toward New Housing Trends Glassboro NJ
- Empty Nesters Lead the Way toward New Housing Trends Hackensack NJ
- Empty Nesters Lead the Way toward New Housing Trends Hackettstown NJ
- Empty Nesters Lead the Way toward New Housing Trends Haddon Township NJ
- Empty Nesters Lead the Way toward New Housing Trends Haddonfield NJ
- Empty Nesters Lead the Way toward New Housing Trends Haledon NJ
- Empty Nesters Lead the Way toward New Housing Trends Hammonton NJ
- Empty Nesters Lead the Way toward New Housing Trends Hazlet NJ
- Empty Nesters Lead the Way toward New Housing Trends Hightstown NJ
- Empty Nesters Lead the Way toward New Housing Trends Hillside NJ
- Empty Nesters Lead the Way toward New Housing Trends Hoboken NJ
- Empty Nesters Lead the Way toward New Housing Trends Holmdel NJ
- Empty Nesters Lead the Way toward New Housing Trends Howell NJ
- Empty Nesters Lead the Way toward New Housing Trends Irvington NJ
- Empty Nesters Lead the Way toward New Housing Trends Iselin NJ
- Empty Nesters Lead the Way toward New Housing Trends Jackson NJ
- Empty Nesters Lead the Way toward New Housing Trends Jersey City NJ
- Empty Nesters Lead the Way toward New Housing Trends Kearny NJ
- Empty Nesters Lead the Way toward New Housing Trends Keyport NJ
- Empty Nesters Lead the Way toward New Housing Trends Lakehurst NJ
- Empty Nesters Lead the Way toward New Housing Trends Lakewood NJ
- Empty Nesters Lead the Way toward New Housing Trends Linden NJ
- Empty Nesters Lead the Way toward New Housing Trends Livingston NJ
- Empty Nesters Lead the Way toward New Housing Trends Long Branch NJ
- Empty Nesters Lead the Way toward New Housing Trends Lyndhurst NJ
- Empty Nesters Lead the Way toward New Housing Trends Madison NJ
- Empty Nesters Lead the Way toward New Housing Trends Mahwah NJ
- Empty Nesters Lead the Way toward New Housing Trends Manahawkin NJ
- Empty Nesters Lead the Way toward New Housing Trends Manchester Township NJ
- Empty Nesters Lead the Way toward New Housing Trends Maple Shade NJ
- Empty Nesters Lead the Way toward New Housing Trends Maplewood NJ
- Empty Nesters Lead the Way toward New Housing Trends Marlboro NJ
- Empty Nesters Lead the Way toward New Housing Trends Marlton NJ
- Empty Nesters Lead the Way toward New Housing Trends Matawan NJ
- Empty Nesters Lead the Way toward New Housing Trends Mays Landing NJ
- Empty Nesters Lead the Way toward New Housing Trends Medford NJ
- Empty Nesters Lead the Way toward New Housing Trends Merchantville NJ
- Empty Nesters Lead the Way toward New Housing Trends Metuchen NJ
- Empty Nesters Lead the Way toward New Housing Trends Middletown NJ
- Empty Nesters Lead the Way toward New Housing Trends Millville NJ
- Empty Nesters Lead the Way toward New Housing Trends Monroe Township NJ
- Empty Nesters Lead the Way toward New Housing Trends Montclair NJ
- Empty Nesters Lead the Way toward New Housing Trends Moorestown NJ
- Empty Nesters Lead the Way toward New Housing Trends Morganville NJ
- Empty Nesters Lead the Way toward New Housing Trends Morris Plains NJ
- Empty Nesters Lead the Way toward New Housing Trends Morristown NJ
- Empty Nesters Lead the Way toward New Housing Trends Mount Holly NJ
- Empty Nesters Lead the Way toward New Housing Trends Mount Laurel NJ
- Empty Nesters Lead the Way toward New Housing Trends Neptune NJ
- Empty Nesters Lead the Way toward New Housing Trends New Brunswick NJ
- Empty Nesters Lead the Way toward New Housing Trends Newark NJ
- Empty Nesters Lead the Way toward New Housing Trends Newton NJ
- Empty Nesters Lead the Way toward New Housing Trends North Arlington NJ
- Empty Nesters Lead the Way toward New Housing Trends North Bergen NJ
- Empty Nesters Lead the Way toward New Housing Trends North Brunswick NJ
- Empty Nesters Lead the Way toward New Housing Trends Nutley NJ
- Empty Nesters Lead the Way toward New Housing Trends Ocean City NJ
- Empty Nesters Lead the Way toward New Housing Trends Old Bridge NJ
- Empty Nesters Lead the Way toward New Housing Trends Orange NJ
- Empty Nesters Lead the Way toward New Housing Trends Palisades Park NJ
- Empty Nesters Lead the Way toward New Housing Trends Paramus NJ
- Empty Nesters Lead the Way toward New Housing Trends Parlin NJ
- Empty Nesters Lead the Way toward New Housing Trends Parsippany NJ
- Empty Nesters Lead the Way toward New Housing Trends Passaic NJ
- Empty Nesters Lead the Way toward New Housing Trends Paterson NJ
- Empty Nesters Lead the Way toward New Housing Trends Pennsauken NJ
- Empty Nesters Lead the Way toward New Housing Trends Perth Amboy NJ
- Empty Nesters Lead the Way toward New Housing Trends Phillipsburg NJ
- Empty Nesters Lead the Way toward New Housing Trends Piscataway NJ
- Empty Nesters Lead the Way toward New Housing Trends Plainfield NJ
- Empty Nesters Lead the Way toward New Housing Trends Plainsboro NJ
- Empty Nesters Lead the Way toward New Housing Trends Pleasantville NJ
- Empty Nesters Lead the Way toward New Housing Trends Point Pleasant Beach NJ
- Empty Nesters Lead the Way toward New Housing Trends Princeton Junction NJ
- Empty Nesters Lead the Way toward New Housing Trends Princeton NJ
- Empty Nesters Lead the Way toward New Housing Trends Rahway NJ
- Empty Nesters Lead the Way toward New Housing Trends Ramsey NJ
- Empty Nesters Lead the Way toward New Housing Trends Red Bank NJ
- Empty Nesters Lead the Way toward New Housing Trends Rockaway NJ
- Empty Nesters Lead the Way toward New Housing Trends Rutherford NJ
- Empty Nesters Lead the Way toward New Housing Trends Sayreville NJ
- Empty Nesters Lead the Way toward New Housing Trends Scotch Plains NJ
- Empty Nesters Lead the Way toward New Housing Trends Secaucus NJ
- Empty Nesters Lead the Way toward New Housing Trends Sewell NJ
- Empty Nesters Lead the Way toward New Housing Trends Sicklerville NJ
- Empty Nesters Lead the Way toward New Housing Trends Somerset NJ
- Empty Nesters Lead the Way toward New Housing Trends Somerville NJ
- Empty Nesters Lead the Way toward New Housing Trends South Amboy NJ
- Empty Nesters Lead the Way toward New Housing Trends South Orange NJ
- Empty Nesters Lead the Way toward New Housing Trends South Plainfield NJ
- Empty Nesters Lead the Way toward New Housing Trends South River NJ
- Empty Nesters Lead the Way toward New Housing Trends Summit NJ
- Empty Nesters Lead the Way toward New Housing Trends Teaneck NJ
- Empty Nesters Lead the Way toward New Housing Trends Toms River NJ
- Empty Nesters Lead the Way toward New Housing Trends Trenton NJ
- Empty Nesters Lead the Way toward New Housing Trends Tuckerton NJ
- Empty Nesters Lead the Way toward New Housing Trends Union City NJ
- Empty Nesters Lead the Way toward New Housing Trends Union NJ
- Empty Nesters Lead the Way toward New Housing Trends Vincentown NJ
- Empty Nesters Lead the Way toward New Housing Trends Vineland NJ
- Empty Nesters Lead the Way toward New Housing Trends Voorhees NJ
- Empty Nesters Lead the Way toward New Housing Trends Wayne NJ
- Empty Nesters Lead the Way toward New Housing Trends West Milford NJ
- Empty Nesters Lead the Way toward New Housing Trends West New York NJ
- Empty Nesters Lead the Way toward New Housing Trends West Orange NJ
- Empty Nesters Lead the Way toward New Housing Trends Westfield NJ
- Empty Nesters Lead the Way toward New Housing Trends Westwood NJ
- Empty Nesters Lead the Way toward New Housing Trends Williamstown NJ
- Empty Nesters Lead the Way toward New Housing Trends Willingboro NJ
- Empty Nesters Lead the Way toward New Housing Trends Wyckoff NJ
Related Local Events
RealShare NEW JERSEY 2009
Dates: 10/22/2009 - 10/22/2009
Location: Teaneck Marriott at Glenpointe
Teaneck, NJ
View Details

23rd Annual Police Security Expo 2009
Dates: 6/23/2009 - 6/24/2009
Location: Atlantic City Convention Center
Atlantic City, NJ
View Details

23rd Annual Police Security Expo 2009
Dates: 6/23/2009 - 6/24/2009
Location: Atlantic City Convention Center
Atlantic City, NJ
View Details

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History