Knoxville Business Journal Reflects on Baby Boomer's Shift to Condos

This week's Knoxville Business Journal includes an article on how baby boomers are looking to maintenance free options in their next phase of home purchase.

Josh Flory, who wrote this blog entry earlier in June, penned the article:

As the baby boom generation enters its retirement years, developers see a market among seniors who want to ditch the hassles of home ownership but are still willing to pay a premium price for their abode.
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Perhaps more importantly, the developers are aiming at a market that doesn’t want to be bothered with mowing the yard or mulching the flower beds. “I think there is a growing … interest in condominiums,” Howard said. “I think people — particularly kind of the market segment that we’re targeting, people downsizing or moving out of larger single-family homes — don’t really look as much at another single-family home.”

Find out more information on The Enclave or other Holrob Communities.

Downsize Request for Comments: Tell Us Your Thoughts or Questions about Moving to a Smaller Home

A number of our clients tell us that they worked for years to build a bigger home, and now they simply want less—less space, less maintenance, less headaches.  Downsizing for many is an act of liberation that frees them from unnecessary responsibilities and allows them to be free to travel or do as they please.

Downsizing

As we compile information about this transition, it is apparent that the move to a smaller home is a major life adjustment, which is teeming with excitement and some apprehension. Holrob Communities is preparing a symposium/workshop that details many of the considerations and helpful tips when downsizing, and we would like to hear from you.

Let us know your comments here.

Luxury Condos Offer Downsize Options in Heart of Bearden (Northshore Drive): Picture Update

The Enclave is nearing completion, so I wanted to bring you a few pictures from the exteriors of these wonderful homes. These expertly finished homes, with main-level master bedrooms and maintenance-free lawns, provide a serene escape from the large homes in nearby Sequoyah Hills and Westmoreland.
 


Once the landscaping finishes in a few weeks, I will post a follow-up slideshow with a more comprehensive collection of pictures inside and out. In the meantime, if you are interested in receiving more information about The Enclave and availability of these homes, let us know here.