Approximately 80% of all Americans aged 60 and older are homeowners, and housing wealth accounts for about 48% of the median wealth of that group. As retirees near large cities, and strong housing markets, start retiring, they realize they can unlock this wealth by selling their home and relocating to a more affordable area. This retire-and-relocate strategy allowed homeowners to unlock a median figure of $99,019 from their homes in 2019 and the amount went up to$347,000 for the top 10% of homeowners who ...