empty nesters


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Related to empty nesters: empty nest syndrome

empty nesters

People whose children have matured, left the home, and established homes of their own.This demographic segment generally has disposable income,homes with large amounts of equity, and a desire to change living arrangements either by going smaller, by moving to a completely different locale,or by the addition of a second home.

References in periodicals archive ?
Besides the fact he doesn't have to worry about his children as much on a daily basis, he's not convinced of the other lifestyle benefits that becoming an empty nester offers.
As they enter this new stage of life, Empty Nesters are excited about products and ideas to help them cook for two," says General Mills home economist Lynn Vettel.
Whether they want to replace just one or two pieces or revamp an entire room, empty nesters are enjoying their freedom to explore the many furniture styles and choices that reflect their new way of living.
Last year was the first time that empty nesters were more important to the restaurant industry than young, childless couples.
If the empty nesters don't show any signs of leaving their suburban semis, more greenfield land will be needed.
For both younger and older empty nesters, the top destination for an extended break is the US followed by Australia and New Zealand and then the Caribbean.
The neighborhood is ideal for first-time home buyers, young families and empty nesters looking to downsize to a more easily managed home.
Sian Spear, sales director for Persimmon Wales, said: ``Among the homes attracting empty nesters are apartments, and we have noticed that three of our developments have proved particularly popular.
While about one-third of Empty Nesters are sad that their children have left the home, the majority cite freedom, more time for themselves and the opportunity for closer relationships with their spouse as the benefits of Empty Nesting.
Among lifestyle groups, residents in struggling urban cores seem to be raising the most glasses, while among behavior stages, established couples are mixing up the most drinks, followed by empty nesters.
According to Beninati, the developments will offer all of the amenities of newly constructed apartments and will be priced to attract a buyer demographic of young professionals and empty nesters that to date have been priced out of the new construction market in Greenwich.