3 Home Buying Trends for the American Family
-3 Home Buying Trends for the American Family –
In celebration of American Family Month, our real estate team is taking a deep dive into Tampa Bay’s home buying trends for the everchanging American families.
Clearly, family dynamics have changed over the years, including in the ways we choose, buy, and sell real estate. For starters, the definition of our “family home” could mean anything from empty nesters with two cats, a mom and her child, or a multi-generational family.
In Florida, homebuyers have a unique array of requests during a home search for a family home – ranging from a desire for pet-friendly districts with parks – to restricted 55+ senior condo communities on the beach. Here are the top three trends our real estate team is seeing in today’s housing market.
1. EXTENDED FAMILIES & MULTI-GENERATIONAL SEARCHES:
In light of world events, many extended family members are moving closer to each other for companionship and support. Millennials and Generation X customers are asking us to find economical options for moving their Boomer parents to a home closer to them, as opposed to a costly Assisted Living Community. A nearby home is also a perfect solution and investment for families that do not have room to move a parent into their current home.
With our help, multi-generational families are becoming neighbors throughout Tampa Bay. Seniors are particularly finding and loving the convenience of small one-story houses, townhomes, duplex-style homes, first-floor condominiums, condos with elevator access, and villas located in communities near their family members.
2. EMPTY NESTERS & SENIORS LOOKING TO DOWNSIZE:
Local empty nesters, snowbirds, and northern retirees are looking to downsize out of larger homes and transition to a simpler lifestyle in Tampa Bay. As professional realtors, we support customers of all ages transitioning to new homes that better match their lifestyles and goals. Uniquely, we specialize in the process of helping Florida seniors prepare for downsizing or moving between homes.
In years past, many seniors delayed selling a home out of fear of the emotional and physical aspects of the downsizing process. Today, however, we see customers excited to start a new chapter. They are thrilled to learn how simple downsizing can be when done right. We downsized years ago, and we love it. Ask us how downsizing can be a pain-free process.
3. PET PARENTS & DIVERSE FAMILIES SEEKING AMENITIES:
Rather than just a “family-friendly” atmosphere, today’s buyers are also looking for pet-friendly areas, walkable communities, and places with nearby waterfront parks or entertainment. Fortunately, districts across the Tampa Bay area feature amazing natural attractions and waterways, as well as vibrant city life, arts, and culture spanning the region.
We are here to guide you through the entire real estate process. Don’t hesitate to contact us with questions about homebuying or selling in Hillsborough, Pinellas, or Pasco Counties.
Let us help your unique family. Call Dick and Karla Nielsen at 813-294-5786 for professional real estate advice on downsizing, investing, buying, or selling your home.
