One trend that’s caught our attention lately is buyers with a focus on retirement. Buyers of just about all ages will utter the word…retirement. It’s been an interesting turn-about. During the recession, we all-but-lost the category of buyers who’d hoped to buy a place here to enjoy during retirement. They either couldn’t sell their homes in the city to make the transition or they weren’t thinking about retiring, with all the uncertainty that existed. Those reasons, along with a myriad of others took them out of the picture for us.
Now, they’re back – and have taken shape in unexpected forms. It’s expected that someone in their mid-to-late 50’s would be thinking about how they’d like things to go when they decide to retire. Many plan to sell their large home in the city, where they raised their families and buy something here that’s more modest. They crave the pace, peace and lifestyle that our area offers. And yet, they’re still close to their family and friends in the Twin Cities. They often plan to buy something in the sunbelt for the winter months as well. This is all expected. Normal.
What’s not expected is to hear people in their 30’s and 40’s with very young children projecting the very same things for themselves. Their mission is to buy something now, work on it, make it their own and enjoy it as their family grows. Interesting.
For those of us who already live and work here, it’s easy to picture the transition – far down the road, as it may be. For those who’d like to jump in, here are a few properties that offer some nice features for retirement life. Contact a CENTURY 21 agent if you’d like to take a closer look. We can answer a lot of questions about “life Up North” as well! – Wanda Boldon