Resources - Mature Market Headlines

Leisure time is active time for today's boomer

The Washington Times, 6/5/09

Abstract:

Active-adult communities, restricted to households with residents age 55 and older, are typically different from traditional retirement communities. Now that the baby-boomer generation believes "50 is the new 40," residents of active-adult communities often work part time or full time.

Even those who are retired stay active with volunteer work and plenty of recreational and social interests, which are easy to find in an active-adult community. Buyers in these communities often are looking to downsize their home-maintenance chores while increasing their leisure time.

Anne Arundel County has multiple new active-adult communities under development, often with an array of recreational amenities available to residents. Condominiums, town homes and single-family homes are being built, each with a first-floor master suite or a one-level floor plan, another important feature for active-adult buyers.

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