New AARP Report Reveals Boomers Are Stuck in Place for Housing Options

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AARP Report

A growing challenge for real estate agents and policymakers: the desire of older adults to age in place. According to the 2024 AARP Home and Community Preferences Survey, 75% of adults aged 50 and older want to stay in their current homes, and 73% hope to remain in their communities.

However, existing housing options and infrastructure are struggling to meet this demand. With baby boomers making up approximately 38% of homeowners, the need for affordable, accessible housing is more urgent than ever.

Many older adults face financial barriers, with nearly half of those aged 50 and up citing rising housing costs as a reason to relocate. At the same time, over half report needing modifications to their homes for independent living, such as grab bars and entryway upgrades.

AARP is pushing for policies to address these issues, including expanding affordable housing programs, removing barriers to Accessory Dwelling Units (ADUs), and promoting walkable communities. They also emphasize the importance of digital access, especially in rural areas, where 22% lack high-speed internet.

AARP recognizes that aging in place is a priority for many and highlights the need for innovative solutions. The AARP survey underscores the significance of addressing housing challenges through both policy and community planning.

As AARP continues its advocacy, they aim to bridge the gap between the needs of older adults and the availability of suitable housing. AARP’s initiatives focus on creating environments where older adults can thrive.

Policymakers are urged to consider AARP’s recommendations as they develop housing strategies. By partnering with organizations like AARP, communities can become more inclusive and supportive of aging populations.

The 2024 AARP survey serves as a call to action for everyone involved in housing and community planning. AARP remains dedicated to ensuring that older adults have the resources they need to age in place comfortably and affordably.

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Texas REALTORS® CEO Travis Kessler Retires

Texas REALTORS® announced today that President and CEO Travis Kessler will retire on March 31, 2025, after 15 years at the helm. Executive Vice President Mike Barnett will succeed him as CEO on April 1, 2025.

Kessler led the organization through a period of remarkable growth, expanding membership from 75,000 to 155,000. Under his leadership, Texas REALTORS® introduced key programs to enhance professionalism and advocate for property rights in the state. Kessler, a 48-year veteran of the real estate industry, is widely recognized for his influence, earning a spot on the Swanepoel Power 200 list of most influential people in real estate for nine years.

“It’s been a privilege to lead Texas REALTORS®, and I’m confident Mike Barnett will continue our work with integrity and innovation,” said Kessler.

Barnett, who has been with Texas REALTORS® for 12 years, brings deep experience in strategic planning and political affairs. He expressed his excitement about stepping into the CEO role, saying, “I’m honored to continue the mission of empowering REALTORS® and protecting property rights across Texas.”

Texas REALTORS® represents over 150,000 members

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Santa’s North Pole Home Gets Makeover

In a festive twist this holiday season, Santa and Mrs. Claus are receiving a much-needed home makeover. After more than 200 years of spreading holiday cheer, their iconic North Pole cabin is getting a fresh new look, thanks to Revive Real Estate.

Revive’s team of design experts, affectionately known as the “elves,” is blending rustic charm with modern functionality to create a home fit for the busiest couple of the season. “It’s a challenging project, but we approached it with the same holiday spirit that the Clauses bring to Christmas each year,” said Michael Alladawi, CEO of Revive.

The remodel includes a state-of-the-art kitchen for Mrs. Claus, featuring a 48-inch Sub-Zero fridge and a custom La Canche French range. The living and dining areas have been expanded for Elf gatherings, while Santa’s mailroom has received a cozy update to handle the millions of letters arriving each year.

Dalip Jaggi, Revive’s COO, says, “This renovation is our way of giving back to the Clauses, who’ve spread joy for generations.”

A holiday makeover that’s sure to make spirits bright, straight from the North Pole.

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