As posted on http://www.floridarealtors.org/ on 6/14/16 sourced by Freddie Mac (http://www.freddiemac.com/) 

About 60 percent of homeowners age 55 or older would prefer to age in place if they have complete control over their living arrangements. That said, nearly 40 percent indicate they would prefer to move at least one more time.

That means nearly 27 million homeowners may move again, according to the Freddie Mac 55+ Survey. And of those baby boomers who expect to move, 13 percent say they will likely move within four years.

"The decisions the nation's baby boomers and other older homeowners make will have an enormous impact on the demand for housing and new mortgage credit for the foreseeable future," says Dave Lowman, executive vice president of Single-Family Business at Freddie Mac. "Whether they buy new homes or decide to refinance and renovate their current ones, the size of this generation and the fact that they hold close to two-thirds, approximately $8 trillion, of the nation's home equity makes it very important that we watch what they do."

Twelve percent of baby boomers who want to move say they expect their next home to be more expensive than their current one; 37 percent believe their next home purchase will be in the same price range as their current home; and half say that it will be less expensive.

Additional survey findings:

76 percent of baby boomers say they're confident they'll be financially comfortable in retirement

59 percent are "very satisfied" with their communities, 64 percent with their current home and 54 percent with their quality of life Nearly 25 percent have already helped someone financially with a downpayment for a home

Top factors influencing whether to move and where to live

Affordability of living in a particular community (46 percent)

The amenities needed to live there for many years after retirement (44 percent)

Less maintenance (41 percent)

No longer responsible for caring for the property (e.g. yard work, snow removal) (30 percent)

Proximity to other family members (31 percent)

Walkable community (28 percent)

Abundant services for adults my age (25 percent)

Access to public transportation (17 percent)

Warmer climate (19 percent)

Having a place smaller than my current home(19 percent)

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