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40 million empty-nesters are remodeling and upgrading

Updating the Empty Nest

Baby boomers are renovating or reinventing their empty nests—and not with afghans and rocking chairs! According to published reports, about half of the 80 million boomers are deciding to reinvest in current property by upgrading and remodeling to suit their tastes and grown-up budgets. For many, they are purchasing new furniture as they convert bedrooms to hobby rooms and basements to home theaters. Around 68 percent of boomers are eyeing a significant furniture purchase and most are investing in quality furniture that would have been impractical with growing children. Another huge trend among boomers is the purchase of a vacation home. Experts agree that parents are likely to see more of their grown kids and their families if they purchase a vacation home where they can visit frequently. For some, it means downsizing by purchasing a smaller home and adding the vacation place as a second residence. Either way, these homes and rooms will need furnishing to match boomers' newfound lifestyles. Furniture makers, it seems, have noticed the trend and are stepping up to the challenge.


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Great time to update

11/27/2007 01:45 PM dmacciomei

This is so true, everyone with young children knows you dont buy nice things until they are up and gone. Once they are off to college or moving out to start their own life it becomes a great time to update your home and purchase the things you have always wanted. Also Painting and some minor remodeling also helps give your home a great new look.


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I love deck additions

04/21/2008 05:45 PM DIYhomecenter

I think adding a deck has changed so much in the last few years. With hidden deck fasteners by companies like Tiger Claw you don't have to wrry about stubbing your toe or seeing unsightly nails popping up through the wood of the deck anymore.


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