Survey Reveals Changes In 50-Plus Consumers’ Attitudes Toward Real EstateERA Real Estate finds seniors more active and tech savvy homebuyers than expected

ERA Real Estate today announced the results of its annual survey of mature consumers on their opinions toward real estate and the home buying and selling process. The survey of more than 1,500 people, age 50 and older, revealed changing attitudes about real estate that contradict some long-held assumptions. It was often believed that the typical aging homeowner was looking to move to an active adult community and downsize, but survey results show otherwise. — Only 8 percent of those considering a move in the next five years indicated that they might consider purchasing a home in an active adult community — More than 61 percent consider purchasing a single-family home — The average senior lives in a house with three or more bedrooms and two or more baths — Only 11 percent felt their current home is too big — Nearly 25 percent of respondents thought their home was too small — Respondents cited better home or living conditions as the second most popular reason for buying a new residence Seniors also proved to be more savvy and demanding when it comes to technology. In fact, those considering moving in the next five years chose the Internet as the