Homeowners Living Farther From Their Work

The typical American commute continues to get longer and longer. The average commute time grew to 26.4 minutes, according to the latest numbers from the U.S. Census Bureau. Multiplied out, the average American spends about three hours and 20 minutes longer getting to and from work than they did in 2014. Our ‘Sierra Foothills’ locations are great for Sacramento commuters! (See our Videos)

Even longer commutes than that are the norm for many workers. The number of workers with 45-minute commutes increased to 3.5 percent and the number of hour-long commutes increased to 5.1 percent. Workers with extreme commutes — 90 minutes or more — grew by the fastest rate of all, to 8 percent.

One potential future bright spot for workers faced with longer commute times is the gradual growing acceptance of remote working. About 4.6 percent of workers, or 6.8 million, worked from home in 2015, according to U.S. Census data. That is a 5 percent increase since 2014.

Source: “The American Commute Is Worse Today Than It’s Ever Been,” The Washington Post (Feb. 22, 2017)

Age 50+ ‘Real Estate Resources’

REALTORS® who carry the Seniors Real Estate Specialist® (SRES®) designation are specially qualified to address the real estate needs of those age 50+. SRES® designees recognize that a home often is the largest and most precious asset that baby boomers and seniors have.

Thus, SRES® designees bring a unique approach to each transaction and interaction with clients. They not only offer a deep knowledge of real estate and the local and economic issues shaping market trends, but they’re also educated on issues of particular concern to aged 50+ clients.

Their special skills help such clients look at the big picture, factoring in financial issues and current and future care needs, to ensure that each client arrives at the best decision about selling a property and finding a new home.

Ready to buy, sell, rent or relocate? Find an SRES® designee near you to get started! www.seniorsrealestate.com