Real Estate
During the pandemic, many people distanced themselves from their loved ones for health reasons. Grandparents were told to stay away from their grandkids, especially as schools started to open. That’s because it would have been risky to visit with their grandchildren who may have gotten sick from school.
Now that the pandemic has passed, many grandparents want more than ever to be near their grandchildren again to make up for that lost time. But how are they getting that “Grandparent Wish?” The data tells us many are moving to make sure they’re getting more quality time.
Recent data from the National Association of Realtors (NAR) shows people between the ages of 55 and 74 are moving farther (more than 100 miles) than any other age group (see graph below):
The average age of grandparents in the U.S. is 67 years. The logical leap is that at least some of the people who are moving the furthest are grandparents. But what’s causing them to move so far?
The same report from NAR shows the top reason people move is to be closer to loved ones (see graph below):
Based on this data, it’s fair to say many grandparents are getting their wish of more quality time with their grandchildren by moving to be closer to them. And after experiencing isolation and loneliness during the COVID pandemic, that’s an especially good thing.
If you’re a grandparent, you know how important your grandchildren are. And you may be willing to sell and move just to be closer by. As Vance Cariaga, a journalist at Go Bank Rates, explains:
“Never underestimate the power of grandchildren – especially when it comes to lifestyle and financial decisions. Recent data shows that many baby boomers are relocating further away from home than they used to so they can be closer to their grandbabies.”
The data shows grandparents are moving further to be near their grandchildren. If you have grandchildren of your own, maybe you can relate. When you decide it’s time to be closer to your loved ones, let's connect.
Stay up to date on the latest real estate trends.
New Listing
3 beds | 2.5 baths | 1,623 sq ft
Mortgage
It’s on track for steady, slow, long-term growth overall
Mortgage
We can walk through your potential equity, your timing, and local market conditions
Mortgage
A built-in escape you can use year after year
Mortgage
Let’s talk with a lender about your options and see if you’re ready to take that next step
Mortgage
Roughly 11,000 homes are selling every day – and yours could be next
Mortgage
Let’s break down what’s really going on
Mortgage
Let’s connect so you have that expertise on your side.​
Mortgage
17% of homebuyers purchase a home to share with parents, adult children, or extended family
You’ve got questions and we can’t wait to answer them.