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What Makes a House a Home?

January 11, 2023 By Claire Garlick Leave a Comment

Image Source KCM Blog

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too.

Home means something different to all of us. Whether it’s sharing memories with loved ones at the kitchen table or settling in to read a book in a favorite chair, the emotional connections to our homes can be just as important as the financial ones. Here are some of the things that make a house a home.

[Read more…]

Filed Under: Buyers, First Time Home Buyers, Luxury Buyers, Millennials, Move-Up Buyers, Real Estate Tips, Rent vs. Buy, Senior Market, Veterans Tagged With: Colorado Real Estate, Down Payments, Finance, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers, Real Estate Tips, Rent vs. Buy, Senior Market

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

April 30, 2021 By Claire Garlick Leave a Comment

Some Highlights

  • If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs.
  • With benefits that include a combined home-buying budget and shared caregiving duties, an increasing number of households are discovering the value of a multigenerational home.
  • With such high demand for houses today, now is a great time to sell so you can upgrade to a multigenerational home that may better suit your evolving needs. Contact us today to discuss your needs.

 

Article source: https://www.keepingcurrentmatters.com/2021/04/09/multigenerational-housing-is-gaining-momentum-infographic/.

Filed Under: Buyers, Infographic, Move-Up Buyers, Real Estate Tips, Senior Market Tagged With: Colorado Real Estate, Colorado Springs, For Buyers, Infographics, Move-Up Buyers, Senior Market

What is Important to Boomers when Selling their House?

June 7, 2019 By Claire Garlick Leave a Comment

If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too expensive. Cleaning and repair are too difficult. You may be ready to move into a home that better fits your current lifestyle. Many fellow boomers have already made the move you may be considering.
The National Association of Realtors recently released their 2019 Home Buyer and Seller Generational Report. The report revealed many interesting tidbits about both categories of baby boomers: younger boomers (ages 54 to 63) and older boomers (64 to72). Here are a few of the more interesting topics.

Percentage of Buyers who Looked Online First
All Buyers: 44%
Younger Boomers: 46%
Older Boomers: 44%

Where Boomers Found the Home They Purchased
The two major ways buyers found the home they purchased:
All buyers: 50% on the internet, 28% through a real estate agent
Younger Boomers: 46% on the internet, 33% through a real estate agent
Older Boomers: 36% on the internet, 35% through a real estate agent

Distance Seller Moved
The distance between the home they purchased and the home they recently sold was much greater for boomers than the average seller.
All sellers: 20 miles
Younger Boomers: 27 miles
Older Boomers: 50 miles

Tenure in Previous Home of Seller
The percentage of older boomers who lived in their previous home for more than 20 years was almost twice the amount of the average seller.
All sellers: 16%
Younger Boomers: 20%
Older Boomers: 31%

Primary Reason to Sell their Previous Home
Want to move closer to friends or family
Home too large
Retirement

View of Homeownership as a Financial Investment
83% of Younger Boomers see homeownership as a good investment
82% of Older Boomers see homeownership as a good investment

Bottom Line
If you are a boomer and thinking about selling, now might be the time to contact an agent to help determine your options.

Filed Under: Baby Boomers, Buyers, Sellers, Senior Market Tagged With: Baby Boomers, For Buyers, For Sellers, Senior Market

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Claire Boynton, The Platinum Group Realtors Monument Colorado Real Estate

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About Blessings Realty

We perform top notch sales and marketing services for residential homes and land. We help home buyers find the right homes for their needs. Also specializing in new construction and rental properties. Whether you are a first-time home buyer or seller or have bought and sold many homes before, we will Read More…

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Welcome and thank you for visiting our Blessings Realty website! We are Monument-based real estate experts providing information about the Monument and Northern Colorado Springs, CO real estate market.

While you’re here, please check out 80132 homes for sale in Monument, CO, as well as other real estate listings around the area.  View listings, photos, market data, and use our detailed real estate filters to find the perfect place.

Please contact us today at (719) 425-8929 to buy or sell real estate in Colorado Springs and Monument, Colorado – or for help with your property management and probate real estate needs – we would love to speak with you!

Sincerely,

Claire and Jeff Garlick of Blessings Realty

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