First quarter 2013 sets aggressive pace for Texas real estateMay 1, 2013Today, the Texas Association of REALTORS® released the 2013-Q1 edition of the Texas Quarterly Housing Report, showing surging demand for Texas homes at the start of the year as well as rising prices and shrinking inventory. Fueled by Texas’s population and job growth, the report bodes well for the summer selling season.S...
The federal Administration on Aging predicts that the population of individuals aged 65 and older will double between by 2030, but a survey of cities by the National Association of Area Agencies on Aging found that fewer than 50 percent are ready to meet the needs of an aging population.
The group found a need for access to better transportation and housing for seniors. Lawmakers in Ohio -- ...
A lot of retirees are looking to stay near big cities and near their families, but not in the city, by seeking more affordable options nearby. “One day our children will leave the nest and naturally, as parents, we want them to soar,” says Charlie Young, ERA Real Estate president and CEO. “We also want to stay in touch and visit with them as much as possible without giving up our own lifestyle.”ER...
Aging Baby Boomers and their “Echo Boomer” children will significantly impact trends in the nation’s housing market over the next 20 years. In a report released by the Bipartisan Policy Center, “Demographic Challenges and Opportunities for U.S. Housing Markets,” researchers at the National Association of REALTORS®, The Urban Institute, and the University of Southern California analyze key dem...
With home values falling over the past few years, 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. ...
Home Size Preferences Differ With Age, Culture
DAILY REAL ESTATE NEWS MONDAY, MARCH 25, 2013
The median home size most highly desired among home shoppers is 2,226 square feet, according to the National Association of Home Builders’ “What Home Buyers Really Want” survey.
But looked at more closely, the size of home most desired can vary greatly depending on the buyers’ age, race, an...
U.S. News & World Report recently ranked the most difficult
cities to make ends meet in retirement. The publication's ranking was
based on the cost of living, housing, and taxes in those places.
The following are the seven costliest retirement spots, including the median amount retirees spend on their mortgages.
1. Bridgeport, Conn.
Median amount retirees spend on mortgage p...
Watch for This Growing Real Estate Customer Base
Daily Real Estate News Monday, March 04, 2013
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Before the end of the decade, millennials or the echo boomer generation are expected to make up between 75 percent and 80 percent of all home owners under the age of 65, according to new data from the Bipartisan Policy Center. This age group is about 62 million strong, and while they’ve been...
Did you know the 1st Veteran Themed Tax Credit Housing for Seniors in the United States is located right here in the Houston, Texas area? That's right, just 8.1 miles from the George Bush International Airport and 16 miles from Downtown Houston, you will find Sierra Meadows residential development sitting right off Beltway 8. This beautifully and creatively designed gated community off...
We grew up, went to college, perhaps got married, had kids. Yea! Life is good!Now, our parents need daily assistance, or Mom is widowed and can't afford her own place. Or, something new - one of the kids has graduated college and can't find a job - so must move back home.If any of these scenarios sounds familiar, you are not alone. So far, 49 million Americans are...
More than 1.5 million older Americans have lost their homes to foreclosure and millions more are at risk, according to an AARP report. The risk appears to be greatest among Americans 75 years and older, as well as minority home owners.About one in 30 adults 75 and older face foreclosure today. That's significant when compared to 2007, when one in 300 home owners aged 75 and older were at risk of f...
The population is getting older, and those who are 65 and up now make up the biggest part of the nation’s population in size and percentage, according to newly released data from the U.S. Census Bureau. Older residents comprise 13 percent of the population, or 40.3 million people.
The older adult population increased by 15.1 percent from 2000 to 2010, while the combined remaining age groups...
Do-it-yourself tiny homes is a growing niche among some who desire eco-friendly lifestyles, The Wall Street Journal reports.
A series of new books are coming out next month that show aspiring home owners how they can build their own small home.
“The appeal is that secretly most people would like to be in the country building their own little house," says Jonas Kyle, an owner of Spoon...