Special offer

Growing Trends for Aging Mississippi Home Buyers

By
Real Estate Broker/Owner with Keller Williams Realty

Growing Trends for Aging Mississippi Home BuyersAs the first month of 2010 has already come and gone, it seems that a growing trend with aging Mississippi home buyers has already begun.  The most current trend shows that aging Mississippi buyers want comfortable, easy maintenance homes with the master bedroom on the first-floor.

It's looking as though the baby boomer generation is now hitting their 50+ years.  And these baby boomers make up around 28% of the population with very interesting statistics.  BabyBoomerMagazine.com says this group is wealthier than any other in the nation, accounts for 40% of consumer demand and controls almost 70% of the total net worth of American households.

When MetLife Mature Market Institute did a survey on people between ages 55 - 64, they found some interesting data and strong similarities.  According to the survey, the primary interest of aging home buyers is in finding single-story floor plans or a home with a master bedroom on the main floor.  They are also interested in finding communities that offer on-site health care or transportation to nearby heath care centers and reasonable cost housekeeping services. 

It looks as though easy living is a big attraction for aging home buyers in Mississippi.  Another common interest all those surveyed had was the need for low maintenance inside and outside the home.  Other survey findings include the importance of top-rated features in the home such as easy-to-use climate controls, washers and dryers, easy to open windows and storage space.

As far as location goes, 28% prefer to live in rural communities, while 9% prefer to live in a central city like Jackson, Mississippi.