Is retirement in your plans this year? If you're thinking about hanging up your work boots or have already embraced the retired life this year, it might be the perfect moment to ponder if your current nest is still the right fit for your next big adventure.

How Long You've Been in Your Home

Did you know that people are staying in their homes longer than before? Back in the day, it was about six years, but nowadays, folks are staying in their homes longer (check out the graph below). Living in a place for a while means you've probably gone through some significant life changes, right? And if your current home isn't keeping up with your needs, there could be some great options waiting for you.

Your Equity Story in Colorado Springs

Here's the exciting part – if you've been in your home for more than 10 years, chances are you've stacked up some serious equity that can fuel your next move. The longer you've been in the same home, the more it's likely gained in value. Data from the Federal Housing Finance Agency (FHFA) shows that homes have been gaining significant value (see graph below). While the growth varies by area, on a national scale, homeowners who've stuck around for five years saw their homes get almost 60% more valuable. And if you're an OG homeowner since '91, your home more than tripled in value.

Dreaming Big for Your Retirement in Colorado Springs

Thinking about downsizing, finding your dream spot, or just being closer to your favorite people? Your home equity can be the golden key to unlock those dreams. According to the National Association of Realtors (NAR), many recent sellers made the move to be closer to their loved ones. Whatever your retirement goals are, let us be your guide to finding the right home for your next season.

Bottom Line: Colorado Springs Awaits Your Retirement Adventure!

Retirement opens up a new chapter, and your home plays a big part in that story. Let's have a conversation to discuss what your new home needs to offer and explore the fantastic homes available in Colorado Springs. Your dream retirement haven could be just around the corner! 🌟