Americans age 65 and over are holding onto home ownership instead of
downsizing into rentals or moving to senior centers, Bloomberg
Indeed, the largest jump in buyers this year was among people between
the ages of 65 and 74. This age segment increased to 13 percent of all
buyers from 10 percent a year earlier, according to National Association
of REALTORS® data."Th...
More baby boomers are planning a move, and they're targeting cities with
a lower cost of living, greater job potential, and warmer weather,
according to new research by the National Association of REALTORS®. "A broadly improving economy and rebounding home prices are giving
baby boomers the opportunity to sell and move to support their
retirement lifestyle," says Lawrence Yun, NAR's chief ...
More buyers are being lured to the idea of purchasing a second home thanks to competitive prices in many areas. But with the rising costs of travel and more cost-conscience buying habits, many of these buyers are bypassing typical vacation hot-spots and resorts and choosing to buy a vacation home closer to their primary residence.
The median distance between the buyer’s primary residence and vac...
DECEMBER HAPPENINGS ON GALVESTON ISLANDPeriod costumes, parades and entertainment will fill the streets at Dickens on the Strand. Put on your top hat and join the fun on Dec. 5-7. www.galvestonhistory.orgEbenezer Scrooge will take the stage in Charles Dickens "A Christmas Carol" at The Grand 1894 Opera House on Dec. 5. Check out www.thegrand.com to see all the wonderful Holiday entertainment comin...
With home values and mortgage rates fluctuating, some buyers are
seeing a great opportunity to buy their retirement home now instead of
waiting until they retire years later.
For example, in one of the largest retirement areas in the nation —
Century Village in Boca Raton, Fla. — the average age of a new home
buyer has dropped from the mid-70s to the low 60s in the last year. ...
Some aging Baby Boomers will upsize, not downsize, if they move at all, poll findsBy Dina ElBoghdady October 30 We’ve been warned that
the multi-level homes with the sprawling lawns in the driving-dependent
suburbs that are popular with baby boomers may not work so well for
them as they age. Harvard University’s Joint Center for Housing Studies and the AARP told us so...
Look what's happening this week November 13-16 in MY HOUSTON!There may be a chill in the air this morning but holiday preparations are heating up in Houston!The Houston Ballet Guild’s Nutcracker Market kicks off the holiday season with a shopping extravaganza, food and holiday decorations. THE NUTCRACKER MARKET at NRG Park, i NRG PARK To learn more about this annual event call :713-522-5538 o...
Last week we must have mistakenly clicked on something we shouldn't have, and two scary windows popped up, seemingly from Microsoft Defender security software. It said our computer was in danger of crashing. We couldn’t get the warning windows off our screen.
It looked authentic with the Microsoft & Defender logos and had a Microsoft Support Helpline phone number. It was locked on our scree...
Former NAR President Richard Mendenhall, of RE/MAX Boone Realty in Columbia, Mo., has urged REALTORS®, clients and investors to expand their definition of what makes a second-home market. Mendenhall suggusted tapping into college towns, where students’ parents often purchase a duplex or other property for their child to live for four years. “It doesn’t have to be Harvard or Yale, it...
U.S. News & World Report released a report on the top places to retire, taking into account lifestyle, cost of living, and home prices, among other factors.
Some of the publication’s top picks for retirees:
Flagstaff, Ariz.: Pleasant year-round weather and one of the sunniest places in the nation.
Boone, N.C.: Views of the Blue Ridge Mountains at an affordable price: The media...
For retirees who only have $30,000 a year for retirement, they can make their money stretch if they choose where to live wisely. For many, they may need to.
Many baby boomers have not saved enough for retirement and are nearly half a million dollars short when it comes to how much they likely will need to live on versus how much they actually have saved, according to a survey conducted last year ...
Social Security is the largest source of retirement income for many
retirees, but how far those checks will stretch depends on how much
you’ve earned in Social Security benefits as well as where you live.For retired workers, the average Social Security benefit was $1,294
per month at the end of 2013, which equates for a couple to be about
$31,056 in annual Social Security benefits (also ad...