Baby boomers looking for smaller homes

Baby boomers looking for smaller homesBaby boomers have changed the norm every time they have hit a milestone, and as they reach retirement age, it is expected that they will do the same. According to SmartMoney, many boomers are now looking at homes that are smaller and are more senior-friendly so that they can stay safe throughout their retirement.

Affordability is the first aspect of home buying that boomers look for, Stephen Melman of National Association of Home Builders told the news source.

"They also want grab bars in the bathrooms, step-less showers, and when there is more than one story - they want the ability to put a master bedroom on the first floor," Melman added.

These additions may not seem necessary to a baby boomer now, as he or she has kept up their active lifestyle thus far and have no plan to slow down while living in a retirement living community. However, these simple additions may help them avoid injury in the long run. According to the Centers for Disease Control and Prevention, one third of people over the age of 65 fall each year.