All real estate is not created equal, and people’s housing needs change drastically in the course of their lives. That’s especially relevant for retirees, whose lifestyles and needs for amenities are likely very different from when they were younger and raising families.
In fact, those needs are distinct enough that some Realtors have earned a designation as “Seniors Real Estate Specialist.” That SRES designation is important, first, because Americans are living longer and seniors are becoming an increasing proportion of the housing market. Also, our area is a very popular retirement destination, so these national trends are especially visible here.
Typically, seniors who are downsizing or buying a retirement house will look for such amenities as:
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The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.