Baby Boomers Are On The Move


Research shows that 6 million homeowners from the baby boomer generation are likely to move by 2020.

According to research from Freddie Mac, the baby boomer generation (people who are 55+), are expected to move out of their current homes by the year 2020. Estimates show that this is a population of 6 million homeowners who are expected to move into rental properties, retirement homes or other living situations in the next few years.

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Survey results show what’s top priority for baby boomers when it comes to relocating.

1.Renting instead of buying a new home

More than half of the people surveyed believe it makes more financial sense for baby boomers to rent instead of own. They know renting requires less maintenance and easier living.

2. Amenities and Attractions

Top priorities for baby boomers include moving into a property that does not require upkeep or maintenance. They prefer amenities needed for retirement and would like walkable grounds.

3. Staying Close to Home and Family

55+ homeowners and renters prefer to stay closer to family and not move too far away from their current living situation.

What does this mean if you are 55+ and looking to relocate?

You may be thinking about retirement and possibly changing you’re living situation to fit your lifestyle. If this is something you’ve been pondering, we’ve got good news!

Many of our clients decide to sell their home for various reasons such as downsizing, retirement, relocating to a warmer climate or to move closer to their family. It is common that their home is in dire need of repairs and renovations that are expensive and labor intensive. This is why baby boomers choose to sell their home, hassle-free to Enlight Homebuyers.

We’ll take care of your home in ANY condition and we make the process as easy as possible in just 3 steps.

55+ Homeowners Plans for 2020

Live in my current home the rest of my life.
Move closer to other family members
Move closer to children or grandchildren
Move to a warmer climate
Move to a Retirement Community
Move in with adult children

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The Penny Lane Home Buyers3-Step Process


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Testimonials from those we’ve helped

“Penny Lane Home Buyers Homebuyers is an excellent company to work with! They made the process quick, simple, and worry-free. Everyone was honest and open from start to finish. I would highly recommend this company!”

– Mariah Clark

“We just purchased and moved into a house that had been renovated by Penny Lane Home Buyers and we absolutely love it. We have very high expectations for our new home and Penny Lane Home Buyers met them all. Carpet, paint, wood floors and bathrooms were all refinished perfectly and with high quality, fashionable fixtures. Their experience and attention to the small stuff shines when you see their completed homes. In addition to refinishing my new home, they sold my existing home from start to finish with patience, ease and professionalism. Love that team!”

– Carol Huls

“We had such a great experience with Penny Lane Home Buyers! They bought our house very quickly and the process was seamless! I wouldn’t ever choose anyone else to sell a house to! I would HIGHLY recommend Penny Lane Home Buyers in the future!”

– Amy Bullington

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