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Showing posts with the label retirement home

Retirement May Be Changing What You Need in a Home

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David Deem 714-997-3486 Dave@DeemTeam.com The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the  Schwartz Center for Economic Policy Analysis , 2021 saw a retirement boom: “At least 1.7 million more older workers than expected retired due to the pandemic recession.” If you’ve recently retired, your home may not fit your new lifestyle. The good news is, you’ve likely built-up significant equity that can fuel your next move. According to the latest  Homeowner Equity Insights  report from  CoreLogic ,  homeowners gained more than $50,000 in equity over the past 12 months alone.  That, plus today’s sellers’ market, presents a great opportunity to sell your house and address your evolving needs. You Can Move Closer to the Ones You Love The  2021 Home Buyers and Sellers ...

What to Look for in a Retirement Community

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David Deem 714-997-3486 Dave@DeemTeam.com For the throngs of baby boomers planning for their futures, retirement looks a lot different than it used to. Today’s prospective retirees aren’t necessarily looking to slow down...they’re looking for living environments that will support their active lifestyles long into the future. In fact, a 2015 report from the Population Reference Bureau found that adults who participate in regular physical activity were less likely to experience a major disability compared to those who don’t. If you or a loved one is ready to explore the next stage of life, the experts at myMHcommunity.com offer the following tips to help soon-to-be retirees find communities designed for an active and social lifestyle: - Inquire about access to less conventional outdoor activities. Not every retiree these days is a golfer, so find out if the community you’re considering offers less common activities, such as pickleball, Zumba or yoga classes. - For those who are active in...

Should You Buy a Retirement Home Sooner Rather than Later?

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  David Deem 714-997-3486 Dave@DeemTeam.com Should You Buy a Retirement Home Sooner Rather than Later? Every day in the U.S., roughly  10,000  people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking to settle into for their later years in life. This year, however, the game changed. Many of today’s workers who are nearing the end of their professional careers, but maybe aren’t quite ready to retire, have a new choice to make:  should I move before I retire?  If the sand and sun are calling your name and you have the opportunity to  work remotely  for the foreseeable future, now may be a great time to purchase that beach bungalow you’ve always dreamed of or the  single-story  home in the sprawling countryside that might be a little further out of town. Whether it’s a second home or a future ...

8 Tips for Buying a Home for Retirement

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  David Deem 714-997-3486 Dave@DeemTeam.com By John William There usually comes a time in a person's life when the hustle and bustle becomes less appealing, and one looks for a peaceful setting to live out their later years. When that time comes, a retirement home may feel like the ultimate blessing.   People living out their  golden years  deserve a forever home where they can spend their time the way they want. Plus, having a retirement home for oneself means you're the boss of everything. That degree of control over one's own decisions in life is important for many of us. Here are some tips for purchasing a retirement property:   1. A Location That Sustains Your Needs As with all real estate purchases, location plays a critical role in deciding to buy a property for retirement. There are factors to consider like the climate/weather, availability of utilities and conveniences such as healthcare, shopping and entertainment venues.   2. Go for a S...