KNOWAtlanta Relocation Magazine Summer 2022

Page 46

HOMES & LIFESTYLES

Free as a Bird

Fischer Homes

RECENT EMPTY NESTERS MAKE THE MOST OF THE ACTIVE ADULT REAL ESTATE MARKET By Amy Meadows

W

hile the real estate market has been a roller coaster in

surged to over 80 percent. In Atlanta, the report notes, seniors

recent months, prompting many potential home buyers to

make up 6.5 percent of metro area home buyers today.

pump the breaks on their impending residential searches,

“This trend may be in part attributable to larger numbers of

there is one demographic in that has illustrated a steady increase

wealthy Baby Boomers entering the 65-and-over age bracket,”

in home buying: seniors. In fact, according to Construction-

ConstructionCoverage.com’s report reveals. “With more than 71

Coverage.com, which provides research to help businesses in

million Boomers controlling an estimated $70 trillion in wealth,

the construction industry, homeownership among seniors has

the share of 65-and-over homeowners may continue to increase

44  KNOWAtlanta   SUMMER 2022


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