Making the Move: Gen X & Baby Boomer Sellers Downsizing & Relocating to Florida or Closer to Family
How can right‑sizing empty nesters like Gen X and early Baby Boomers make a smooth move—whether down to Florida or closer to loved ones?
Snippet answer: You can leverage high home equity, align your lifestyle priorities, and choose a sunny, family-friendly location that suits your next chapter—while relying on a seasoned New Jersey REALTOR® like Scott Selleck, who’s helped hundreds of sellers navigate smooth, strategic transitions.
Why move now—and why it makes sense
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Home equity power: Baby Boomers now make up 53% of sellers, and Gen X holds 24% of buyers—with Gen X earning the highest median household income of around $126,900 and buying homes with a median price of about $380,000.
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Lifestyle change: Many of Scott Selleck’s clients age 55+ say their primary reason for selling is to move closer to family, simplify daily life, or find a home that fits this new season better.
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Empty‑nest & right‑sizing trend: Downsizing continues to grow—especially for Baby Boomers and Gen X—seeking manageable spaces and more financial flexibility. Scott specializes in helping homeowners throughout New Jersey prepare their current home for sale and map out their ideal relocation.
What matters to you: destination & housing fit
▼ Florida—Opportunity and caution
Florida saw a huge migration surge 2020–2023, driven by a desire for warm weather, lower taxes, and lifestyle upgrades. Scott Selleck regularly consults with sellers considering top Florida metros like Tampa, Sarasota, and Fort Myers.
By 2025, its housing market is cooling down, trending toward a buyer’s or balanced market in many regions, with prices down approximately 3–4% year over year.
Cooling markets like Tampa and Orlando offer better pricing, while high-demand areas like Miami remain steadier. That’s why Scott recommends comparing lifestyle needs with market conditions before choosing a destination.
Be aware: rising insurance costs, HOA fees, and local regulations are affecting affordability in parts of Florida. Having a trusted advisor like Scott can help you weigh the trade-offs clearly.
▼ Staying near family
The rise of “baby-chasers”—retirees who move to support grandkids or be closer to family—is reshaping relocation patterns. Emotional ties often guide choices, and Scott has helped many clients make confident, family-centered moves.
Proximity to adult children or grandchildren can reduce costs and enhance quality of life—but these moves should be guided by realistic planning. Scott helps you align those hopes with the right housing opportunities, both in-state and out-of-state.
How to plan your move effectively
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Tap your equity advantage
High equity from NJ homes gives you flexibility. Scott Selleck can help you assess your home’s market value and develop a plan to leverage that equity toward a smoother transition. -
Clarify your goals
Whether you’re seeking maintenance-free living, proximity to grandchildren, or a warm-weather escape, Scott works with you to define and prioritize your must-haves. -
Work with local experts
With decades of experience helping clients buy and sell across Bergen County and surrounding areas, Scott Selleck knows how to stage and price your current home and coordinate with buyer agents or relocation specialists in your new market. -
Prepare emotionally too
Selling a longtime home can feel overwhelming. Scott’s track record of empathetic, hands-on support ensures you feel prepared and empowered throughout the process.
What to expect in New Jersey
In NJ, roughly 24% of Boomers have downsized or plan to, while about one‑third expect to stay put. Whether you’re ready to list or still deciding, Scott provides honest guidance, realistic market data, and full-service support.
NJ Boomers and Gen X sellers seeking smaller or easier-to-maintain homes are fueling activity across suburbs and smaller towns—and Scott has helped many of them capitalize on strong pricing, limited inventory, and peak buyer demand.
Next steps: Making your move tangible
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Start with a personalized home equity review from Scott Selleck to see what options your current property opens up.
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Compare Florida regions or nearby states based on lifestyle, costs, and community fit.
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Talk through emotional factors and practical logistics—Scott helps clients think holistically.
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Whether you’re aiming for sunshine, proximity to family, or simply a simpler layout, Scott will be your guide from consultation to closing.
Final takeaway
Moving now can unlock lifestyle freedom and financial peace of mind. You’re part of a growing wave of Gen X and Boomer sellers who are simplifying life and moving with intention—and with a proven local expert like Scott Selleck on your side, the journey becomes clearer, easier, and more rewarding.
Schedule a call with Scott today at tidycal.com/slselleck.
Text/Call 201-970-3960
Email: [email protected]
Website: www.SelleckSellsNJ.com
Scott Selleck, KW City Views Realty – Fort Lee, NJ Location.
