Baby Boomers: Unlocking the Value of Your Home in Today’s Market

Baby Boomers, it’s no secret—you’re holding a big piece of the real estate pie! In fact, Americans aged 60 to 78 now own 38% of all U.S. real estate and a whopping 72.7% of its total value. That’s the highest share we’ve seen since 1958. So here’s the million-dollar question (literally, for some): Is it time to sell, or should you stay put?

Here in Dutchess County, we’re seeing a mix. Some of my longtime clients are ready to downsize and simplify. Others want to stay rooted in the homes they’ve loved for decades. And both choices are valid—it all depends on your lifestyle, goals, and future plans.

Let’s break it down:

✅ Thinking About Selling?

If you’ve built up strong equity, selling could open the door to:

• Funding your retirement

• Downsizing to a low-maintenance condo or smaller home

• Moving closer to the grandkids (or the beach!)

• Checking off that travel bucket list ✈️🌴

In Dutchess County, the housing market remains competitive, with limited inventory and motivated buyers. That means this could be a strategic time to cash in on your investment—especially if your current home no longer fits your needs.

🏡 Staying Put?

Staying can also make perfect sense. If your home still feels right, why leave it?

• Consider tapping into your equity with a reverse mortgage or line of credit

• Make smart updates to enhance aging-in-place—think walk-in showers, main-level living, and improved lighting

• Enjoy the familiarity and comfort of your community 

💡 What’s the Right Move?

Ask yourself:

• Do I want less space and more freedom?

• Am I physically comfortable and safe where I am?

• Do I want to be closer to family or a warmer climate?

• How do I feel about senior living communities or 55+ neighborhoods?

The answers to these questions can help shape your next steps.

As a Certified Residential Specialist (CRS) and Senior Real Estate Specialist (SRES®), I’ve helped many baby boomers across the Mid-Hudson Valley figure out what’s best for their next chapter. Whether that’s selling, staying, or just exploring the possibilities, I’m here to guide you every step of the way.

Let’s talk about your future—on your terms. 💛