Category Archives: Real Estate Market

Choosing a Landlord Over a Lender

Owning a home has been the gold standard when it comes to defining stability, and financial success, however for baby boomers, and retirees, renting has become the growing trend for practicality, and affordability. By 2030, one out of every five Americans will be 65 or older according to the Federal Administration on Aging, and this means making some decisions on how to retire, and where. From being closer to family, or having a vacation home, to shopping around for a retirement destination, renting provides options not available to home buyers such as a short term lease agreement. If you’re desiring the amenities many 55+, and active adult living communities provide but want to forego a mortgage check, some of the best active retirement communities provide options to rent or are exclusively rental based. Renting isn’t just for fresh-faced millennials anymore, with the demand for homes being driven by the baby boomer generation.

Greater Flexibility
Buying a home means you’re probably sticking around for a while. A sudden job change, or choosing to move closer to the grandkids isn’t as easy when you’re faced with selling your home or going through the buying process. If you’re trying to decide whether to rent or buy, ask yourself where you’d like to be in a couple of years? Snowbirds in particular may find renting a great option because they can entertain their love of traveling while having the flexibility to change destinations. Snowbird vacation rentals such as Anasazi Village on Stonecreek Golf Course offer resort-style condos for retirement in Arizona with options for winter and monthly rentals. If your ultimate goal is to buy a home, but you’re not quite sure where to plant your retirement roots, renting is a great way to “try before you buy.”

Change What You Thought About a Manufactured Home Lifestyle

As a baby boomer or retiree, now is time to explore and live it up without sacrificing the pride, and comfort of owning your own home. If the dream of buying a house seems out of reach, have you considered a manufactured home lifestyle? 55+, and active lifestyle communities exclusive to manufactured homes, are making senior living more affordable giving folks the opportunity to get in on the real estate action. Today’s “mobile” homes are a far cry from the trailer on wheels from yesteryear with the look and quality of a traditional home for years of memories to come.

According to the Census Bureau, the average cost of a new manufactured home in 2015 was $68,000. The price tag is variable depending on the size of the home, and whether or not you own or lease the land. Many active adult communities operate on a land lease whereby you own your home but rent the lot you’re on. You’ll often find these retirement communities offer the feel of a neighborhood with amenities that put the fab in prefabricated like clubhouses, swimming pools, and fitness centers.

Teeing Up For the Best Retirement Ever

A few years ago I attended a conference in a golf community, and I remember gazing out of the window marveling at the lush rolling green, weeping willow trees, and thought those golfers had it made. These guys were living and breathing love of the game with the course literally in their own backyards. Whether you’re an avid golf enthusiast, or you’ve chosen a 55+ golf community for the ambiance, and beauty, your friends and family will wonder why they didn’t think of it first!

When purchasing a home in a 55+ golf community, stunning fairways, and manicured landscaping is a major bonus, but everyone has HOA fees. The upside to enjoying the greenery, is you don’t have to maintain it yourself, but becoming part of an association places restrictions on exterior modifications including landscaping, satellite dishes, or using your own golf cart vs one owned by the HOA. Before signing the dotted line, carefully read the bylaws, and regulations to know what to expect.

Focus on Oregon

The State of Oregon is rich with nature’s bounty, and an ideal place to relocate to and spend that wonderful 2nd youth, exploring the world in its natural element.   Rugged sea coasts, high mountain passes, lush greenery, magnificent waterfalls, and stately Ponderosa pines will blow you away, as you take long drives through the State of Oregon or simply throw open your windows and look outside in the morning!  If you are considering relocating to Oregon in your retirement years, here is why it can be a super choice for you.

Focus on New Jersey

Retirement years are looming around the corner. Have you considered what you are going to do and where you will spend these years? If you are toying with the idea of retiring to New Jersey, yet are not sold on it, let us provide you with a few simple reasons as to why New Jersey might be an ideal state for you to retire to.

Reasons to Choose the Sunshine State as Your Retire Nook

Florida is called the Sunshine State and gets lots of it being located in the southeastern part of the United States. Going by its nickname, you can always expect the weather to be sunny and warm. This is a happening state with lots of action and fun for people of all ages. Beaches, theme parks, resorts, and fishing and outdoor activities are all available for those visiting or residing in this great, sunny state. Florida is a state that has many wildlife parks where great varieties of birds, mammals, and reptiles can be found. If you are an active adult who prefers sunny weather all year round with lots of activities, you should really consider a having retirement nook in Florida. ActiveAdultLiving.com, the national directory for active senior living communities will provide you a host of information on nearly 700 such communities in the Sunshine State of Florida.

Retirement

Best States for Retiring

Born in one place, educated somewhere else, worked in many different places, including foreign postings and now it is time to settle down for your retirement. This is not an uncommon situation today. The past few decades have changed the world so much that we have so many options when we have to take a decision regarding our lives.

Selling your Home? Here’s What You Can Do

Selling your Home? Here’s What You Can Do

Moving can be a sad, overwhelming, frustrating, and chaotic time.  However, it is something that you need to get through to get on with your life.  Many baby boomers put their homes on the market when they realize it is either too empty or too big – now that their children have left the nest.  They wait in great anticipation for the sale of their old home to come through so that they are able to purchase a new one in a retirement community of their choice.  However, this may take longer than the usual time, if they do not know how to set the stage to sell their homes.