In a recent Merrill Lynch study, “Home in Retirement: More Freedom, New Choices” they surveyed nearly 6,000 adults ages 21 and older about housing. According to that study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement.
The top reason to relocate cited was “wanting to be closer to family” at 29%, a close second was “wanting to reduce home expenses”. See the chart below from Keeping Current Matters for the top 6 reasons broken down.
Find out what the best decision is for your situation! Email us at concierge@lizmoore.com, or click below, and we'll be happy to connect you with someone who specializes in senior moves!
Are you interested in hot real estate topics, tips and trends?
Click below to subscribe to our blog!
Stay up to date
Browse Posts
- October 2026
- September 2026
- July 2026
- June 2026
- May 2026
- April 2026
- February 2026
- January 2026
- July 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
Browse by topics
- Buyers (14)
- Locals - 101 Reasons (0)
- Sellers (7)
- Williamsburg (1)
- New Homes (0)
- Home Sale Statistics & Trends (6)
- Community (47)
- event (0)
- Newport News (0)
- lizlocal-richmond-realestate (48)
- lizlocal-williamsburg-realestate (49)
- lizlocal-peninsula-realestate (44)
- York County (0)
- events (0)
- Richmond (0)
- lizlocal-NorthernNeck-realestate (42)
- Fords Colony (0)
- Home Page (0)
- event-Peninsula (0)
- Hampton (0)
- Neighborhood Spotlight (4)
- lizlocal (0)
- event-Williamsburg (1)
- event-Richmond (0)
- Poquoson (0)
- Seniors (8)
- lizlocal-richmond-community (21)
- lizlocal-williamsburg-community (22)
- About (27)
- lizlocal-Peninsula (0)
- careers (1)
- lizlocal-Richmond (0)
- Investors (0)
- lizlocal-Peninsula-community (18)
- lizlocal-Williamsburg (0)
- lizlocal-NorthernNeck-livelocal (13)
- relo-richmond-local (0)
- relo-williamsburg-local (0)
- relo-peninsula-local (0)
- Military (0)
- lizlocal-NorthernNeck-community (15)
- lizlocal-peninsula-livelocal (11)
- lizlocal-richmond-livelocal (12)
- timeline (0)
- MarketTalk (18)
- lizlocal-williamsburg-livelocal (12)
- Rivers Bend at Uncles Neck (0)
- Peninsula (2)
- Monticello Woods (0)
- 55+ (9)
- Downsizing (9)
- New Kent (0)
- Perkinson Homes (0)
- buyer (4)
- Oaks at Fenton Mill (0)
- WYD1 (8)
- commercial (8)
- lizlocal-NorthernNeck-food_and_drink (5)
- RVA Home Building (0)
- WYD3 (7)
- buy (7)
- lizlocal-richmond-food_and_drink (4)
- relo-richmond-news (0)
- WYD4 (6)
- WYD5 (6)
- golf (0)
- relo-peninsula-news (0)
- relo-williamsburg-news (0)
- Brickshire (0)
- Kingsmill (0)
- Quarterpath (0)
- WYD2 (4)
- Westport (0)
- land (0)
- Braemar Creek (0)
- Chesterfield (0)
- Hilton Village (0)
- Kiln Creek (0)
- New Town (0)
- Patriots Landing (0)
- Queens Lake (0)
- Village Park (0)
- lizlocal-peninsula-food_and_drink (1)
- lizlocal-williamsburg-food_and_drink (0)
- waterfront (0)
- 101 (0)
- Colonial Heritage (0)
- Coventry (0)
- Governors Land (0)
- Greensprings West (0)
- Port Warwick (0)
- Smithfield (0)
- Stonehouse (0)
- Virginia Beach (2)
- White Hall (0)
- seller (1)
- Brandermill (0)
- Brandon Woods (0)
- Data Centers (1)
- Greater Richmond (1)
- Hallsley (0)
- Hampton Park (0)
- Hampton Roads (1)
- Hanover (0)
- Home Values (1)
- Homeowners (1)
- Merrimac Shores (0)
- Midlothian (0)
- Norfolk (1)
- Real Estate Trends (1)
- Running Man (0)
- The Greenlands (0)
- The Settlement At Powhata (0)
- Villas at Oxford Run (0)
- West Point (1)
- Woodlake (0)
- kensington Woods (0)
- lizlocal-richmond-liz_local (1)
- lizlocal-southside-livelocal (1)
- press release (1)
- the point on fishers creek (0)
Liz Moore & Associates is a boutique real estate agency renowned for having the region's top agents, with extensive market knowledge and local expertise that is only achieved through relentless training coupled with Liz's extremely high standards for professionalism. When you're buying or selling a home, experience matters.
