“Aging in place”

AARP reports that 75% of those 65+ want to “age in place,” meaning they want to stay in their current home or community. In prior years, older South Benders would traditionally move to warmer climates. Today things are much different. They love it here and for obvious reasons! South Bend provides many great attributes for not only students, but those who are empty nesters or retired. 

So while many, likely being empty nesters, have decided to not sell their home despite this being an optimum time financially, others are taking advantage of current trends. Many are doing what we’re calling “sideways downsizing.” They are selling at the top of the market, but staying at their current (or sometimes slightly above) price point to get more modern amenities in a smaller footprint. 

With the current buyer demand not subsiding, those who are considering a move, should definitely talk to one of our agents. We can give you a free report on what your home might be worth and explain how the process is working today.

For more information on South Bend and Mishawaka, read our blog post here

Also, if you want to see how South Bend impacted us and our real estate, read about it here

Reach out today!

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Five Corner Flats

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