55+ Living Guide Spring/Summer 2017 55++LG+Spring+17+Spreads | Page 42

New Homes New Prices Newell Place Life Begins at 55: Trendy Downsizers Live Large By Eli King AT 77 MILLION STRONG and comprising about a quarter of our country’s population, age truly is just a number for the 55+ demographic, now our nation’s most influential consumer category. Many are far from retiring (25% are starting second careers as “encore entrepreneurs”), few will tolerate being labeled as seniors (rightfully so), and from lifestyles to living arrangements, they’re proudly defying all things age restrictive. 55—a number so often used to define this demographic, is quickly eclipsed by the numbers that more accurately identify this formidable economic force: • HALF of all consumer spending and 70% of all disposable income is controlled by Americans over the age of 55 T WO THIRDS of the country’s equity in •  single family homes is controlled by the 55+ 31% of all home purchases are made •  by adults over 55 Single Family Homes $300’ s • Premier Bethlehem Location! • Two & Three Bedroom Homes • Carefree Maintenance Free Living • Custom Ranch & 1st Foor Master Suites • Flexible Open Floor Plans • Hardwood and Tile Flooring • Granite Counters • Professionally Designed Kitchens • Custom Private Master Suites • 9’ Ceilings First Floor • Full Basements • Superior Energy Efficiency • Full Landscaping •  18 MILLION home buyers over 55 will be house hunting within the next 3 years FOR INFORMATION CONTACT: •  $1.9 TRILLION will be spent on home purchases by 55+ over next 3 years (continued) email [email protected] www.michaelsgroup.com 42 55PlusLivingGuide.com FROM THE Cynthia M. Quade, Lic. RE Broker 518-376-2965