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Susan Laxson CRS, Realtor in San Diego, CA & Naples, FL (Palm Properties)

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Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

Most of the Baby Boomers I know have moved countries and continents.  I find we're more of a nomad bunch than the previous generation.

Mar 26, 2016 06:31 AM
Rainmaker
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Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

That is an easy one for me to answer for myself and fellow North Dakotians. About 50% of us stay put right here, till death do us part. I'd say about 30% will purchase a "Summer/Snowbird" home for the worst 3 months of winter and about 20% will move to where ever the heck our kids went after college Susan Laxson 

Mar 26, 2016 06:30 AM
Rainmaker
564,720
Women of Westchester Working Together
Women of Westchester Working Together - West Harrison, NY
Women helping Women get ahead

Obviously, this depends on where they live, how much money they have and where their kids live.

I live in high cost and wealthy county, with some of the highest taxes.  So, I see a lot of people "downsizing" after their kids graduate and going to lower cost tax areas.  Sometimes, this means moving south to Floriday or North Carolina; sometimes, it just means moving nearby to a condo or co-op, where taxes are lower and there is less maintenace.

Many in the wealthier parts of the county get 2 homes.  One local and one down south.  Because the real estate is expensive here, if people have lived in their homes for a while, they can easily afford to buy a home in Florida or Carolinas for cash and still have plenty to spare.  In fact, many can afford to buy 2 homes for cash.

Generally here, when most move south, it is in same time zone.

Mar 26, 2016 11:45 AM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

As a boomer I plan to live in my home until .  . .

House

Mar 26, 2016 08:50 AM
Rainer
225,526
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

It's hard to say and depends on each person's situation and family. As for me,  I'm moving out of Illinois and going to Tennessee. The weather is better, lower cost of living, and my In-Laws live there

Mar 26, 2016 07:02 AM
Rainmaker
1,052,056
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Depends on where they start out . . . I'm in a retirement destination area, so unless too many old people overrun me, I'm staying. LOL!

Mar 26, 2016 06:42 AM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Hi Susan I can speak for myself and I am a BB. I bought a retirement home in Mexico 11 years ago. Problem is I really like Miami. One day the traffic may just make me crack though and I will head down ole Mexico way for good.

Mar 26, 2016 06:31 AM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Susan,

I think they are staying close to family and friends, and we are not planning on retiring ever.  We love what we do, we love where we live!  Wishing you a great weekend Susan.  A

Mar 26, 2016 05:56 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I think a lot of baby boomers will end up in warm climates.

Mar 26, 2016 05:51 AM
Rainmaker
556,690
DEANNA C. SMITH CERTIFIED MOBILE NOTARY
Certified Mobile Notary Signing Agent - Smith Mountain Lake, VA
Highest Ranked Certified Mobile Notary in Virginia

MY husband and I are in our home for the rest of our days.   We are comfortable with that but others are moving up, away or downsizing.

For ME, that's called "JOB SECURITY" !

Mar 27, 2016 01:49 AM
Rainmaker
617,935
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Susan,
So far we baby boomers have defied many of the predictions made for us. Some of us stay put and some move off for new adventures.

Mar 27, 2016 01:21 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Unless I win the lottery I will likely need to more out of the state of California when I retire.

Mar 27, 2016 01:03 AM
Rainmaker
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Debbie and I are boomers we will probably relocate near the kids when we retire.

Mar 27, 2016 12:22 AM
Rainmaker
5,104,806
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I'm an early Baby Boomer and my husband was born in the late 1930's. We technically "retired" in Charlotte 18 years ago. I will not be moving to another retirement destination, myself. Charlotte attracts a lot of baby boomers for retirment.

Mar 26, 2016 11:14 PM
Rainmaker
5,215,388
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

After 26 years in Florida, back to my Chicago roots!

Mar 26, 2016 09:51 PM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Susan. Most will likely not move because of family, friends and money.

Mar 26, 2016 07:40 PM
Rainmaker
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Susan Laxson - the report that NAR publishes every year says - most of them make a move within 30 miles of their home.

That shows where they are likely to buy.

Mar 26, 2016 03:41 PM
Rainmaker
2,220,323
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Great question Susan Laxson 

Mar 26, 2016 01:03 PM
Rainmaker
1,725,896
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

We are seeing 38M of them coming to Florida!

Mar 26, 2016 12:31 PM
Rainmaker
1,090,637
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

I'm a boomer...we moved here 30 years ago from up north and have no plans to leave this area. I have no plans to retire and we love where we live so expect to be here for the duration, unless something unforseen comes up.

 

Mar 26, 2016 11:20 AM
Rainmaker
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Don't know about the rest but we will stay in Tennessee and visit our condo in Florida more.

Mar 26, 2016 10:33 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

It will depend upon each individual's personal situation, requirements and desires.

Mar 26, 2016 09:15 AM
Ambassador
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Mimi Foster
Falcon Property Company - Colorado Springs, CO
Voted Colorado Springs Best Realtor

We had 18" of snow last night after 70* weather the day before. AZ sounds better and better 

Mar 26, 2016 08:52 AM
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I think a lot will depend on finances

Mar 26, 2016 08:34 AM
Rainmaker
1,844,171
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I think alot will have to do with how their health is holding out.

Mar 26, 2016 08:25 AM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Its a mix this movement is...They are a group to be reckoned with

Mar 26, 2016 08:04 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

We are seeing a mix here in NH, some moving to teh Crolina's, most to FLorida and some to Arizona. Others are staying put choosing to buy homes with their kids. Even more have moved away and are moving back. 

Mar 26, 2016 07:47 AM
Rainmaker
1,502,848
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Depends on where they live now and if they can afford to continue living there.

Mar 26, 2016 07:43 AM
Rainer
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LUXURYSOCALREALTY COMPASS La Jolla
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

I imagine they are looking for sun which includes CA, TX, FL, and AZ.

Mar 26, 2016 06:02 AM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Some will stay nearby, others will move for family, climate, etc. Me? Staying right where I am...for now. Who knows that the future will bring

Mar 26, 2016 05:58 AM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I think people are staying closer to their original roots....and their family members.....

Mar 26, 2016 05:47 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Many are already retired and many are going to other places.

Mar 26, 2016 05:28 AM
Rainmaker
4,333,175
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

They are on the M O V E!

Mar 26, 2016 05:26 AM
Rainmaker
290,969
Allie Angeloni
Long Realty - Oro Valley, AZ

We retired somewhere else, though had moved 3,000 miles away from where we grew up and went to school, decades ago when we were first married, and then moved again.  Though I don't see us retiring anytime soon . . . Susan Laxson, even though we are in the Baby Boomer group.   

Mar 26, 2016 05:22 AM
Rainmaker
5,868,372
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I think it would depend on where the family is.   I have seen many want to retire close to family members to help them, and enjoy grandkids.  

Mar 28, 2016 12:14 AM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I think people are staying close to family

Mar 27, 2016 03:32 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I like to be a bit of a nomad, but my wife says we are never moving again, so no more nomading for me.

Mar 27, 2016 07:52 AM
Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I also heard that 90% of the have equity in the houses. 

Mar 27, 2016 05:48 AM
Rainmaker
4,571,456
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

As long as they keep moving, it's good for real estate and related industries.  

Mar 27, 2016 03:49 AM
Rainmaker
7,834,939
Roy Kelley
Retired - Gaithersburg, MD

Time will tell.

Mar 27, 2016 02:16 AM