Survey: Half of Boomer homeowners plan to age in place

More than half of Baby Boomers plan to age in place, electing to renovate in order to meet their changing needs, according to a new survey released by Chase and Pulsenomics. The Housing Confidence Index surveyed 3,000 heads of households, 753 of which were Baby Boomers.Among this group, 52% said they will never move from their current home, and 88% said they plan to make improvements to their home, with bathroom renovations topping the project list. At the metro level, Boomers in San Antonio expressed the greatest desire to stay put at 62%, while Boston-based Boomers scored the lowest at 28%.