H
ere's the rewritten text, condensed by 20%:
As we welcome spring in 2025, I'm excited to share some insights on seniors and homeownership. The Senior Real Estate Specialist division of the National Association of Realtors (NAR) defines seniors as individuals 50 years and older, a significant segment of our population that includes Gen X'ers, Baby Boomers, the Silent Generation, and the Greatest Generation.
Some national statistics caught my attention: single women with no kids make up 20% of home buyers, while 73% of homebuyers have no children under 18. Twenty-six percent of homebuyers pay cash, which is significant given the current interest rates. First-time homebuyers are at an all-time low of 24%, and the average age of first-time homebuyers is 38.
Multigenerational housing is on the rise, with 17% of homebuyers seeking this type of living arrangement. Only 5% of homebuyers are looking for fixer-uppers, so if you're a seller with a property that needs repairs, it's essential to address these issues to attract potential buyers.
Some local statistics highlight our area's appeal to seniors: 46% of residential properties in Mesa County are owned by people over 50. Our valley offers an active and vibrant lifestyle for those over 50, with plenty of outdoor recreation opportunities and a mild climate.
As we prepare for spring, it's essential to get our homes ready for the changing season. We've included a basic checklist:
* Clean windows inside and out
* Check screens and repair or replace
* Reseal exterior woodwork
* Paint the exterior, especially peeling trim
* Prepare the yard, flower beds, and gardens
We have recommendations for service providers and local groups that can assist seniors with these tasks. Don't hesitate to reach out for more information.
That's all for now! I'm excited to tackle spring cleaning and learn how to play pickleball.
