Archive: November 2008
- A study conducted by the AARP noted that 71 percent of people 45 and older "strongly agree" that they wanted to remain in their current home when they retire. The idea of staying in one's home throughout the various stages of life has been dubbed "aging in place."
- In the past year, real estate prices have continued to fall and a record number of bargain-priced foreclosures have popped up on the market. As a result, many sellers are giving up on going it alone and instead are using the help of professional real estate agents. Last year, just 12 percent of homes were sold by the owners (FSBO).