Will Lowering Age-Restrictions Increase Sales At Retirement Communities?
In recent decades the number of age-restricted communities around the country has skyrocketed. From an industry that didn’t exist in the 1960’s, the number of age-restricted communities across the U.S. morphed into an industry that now stretches into the thousands. Commonly referred to as active adult communities, 55+ communities or active retirement communities, the number of these communities is expected to increase as their popularity among older adults grows and as more Baby Boomers reach retirement age.
Del Webb Cancels Denver, NC 55+ Community
Last week, Del Webb announced the cancellation of the proposed Carolina Ridge at Ingleside in Denver, NC. The recent downturn in the economy, the depressed real estate market and Del Webb's inability to reach an agreement with Lincoln County officials on sewer tap fees all led to their decision to abandon the project.
6 New Construction Retirement Communities in Southern California
Many people have a preference of living in new construction 55+ communities versus active adult communities that only offer resale homes. If southern California is your retirement destination, check out these communities where there are still plenty of new construction homes.
6 Questions To Ask Before Buying At A Retirement Community
Moving to an active retirement community is an exciting time for most older adults. Be certain to ask your agent some important questions before you sign any contract. Here are six questions we feel are vital to ask your agent before purchasing in a retirement community.
Retire On A Cruise Ship - A Guide to Cruise Ship Condos
Waterfront Lifestyles International is offering a unique idea for retirement living that is anything but your typical retirement community. This boutique maritime lodging company is now taking reservations for retirement condos on a cruise ship.
Is Florida Losing Its Appeal Among Retirees?
Is Florida’s domination in attracting out of state retirees coming to a close? A recent analysis by the Associated Press found that the number of driver’s license applications from outsiders has tumbled 30 percent in the past five years. After reaching more than 585,000 newcomers in 2003 the number declined to only 410,000 in 2008. The rate of population growth also showed a dramatic slowdown last year. Over the past decade, population growth for Florida was between 2 and 2.5 percent but dropped to 0.7 percent in 2008. Furthermore, <a href="http://www.unca.edu/ncccr/InstituteFutureRetirement/IFR%20-%20MigrationRP3.pdf">a study</a> conducted by the North Carolina Center for Creative Retirement noted that in 1980, 26.3 percent of all people age 60+ who moved across state lines chose Florida as their destination. By 2005, that number dwindled to 16.6 percent.
Retirement Communities: Size Matters
If you are considering a move to an active retirement community you have probably considered a number of metrics when choosing your destination. Obviously, factors such as proximity to friends and family, the climate, cost of living, the type of home and lifestyle weigh significantly when making a purchase decision. Retirement communities come in all different varieties that range from mega-resort style country clubs to intimate neighborhoods with no amenities. As evidenced by the popularity of communities such as <a href="https://www.55places.com/florida/communities/the_villages">The Villages in Florida</a> or the many Sun City communities across the country, it would seem that larger communities are the favorite of most retirees. That begs the question, when choosing a retirement community, is bigger really better?
What Do Baby Boomers Really Want In Their Homes?
There seems to be a lot of debate about what Boomers really want in their new homes. On one hand, some would argue that a home built for retirees should allow for aging-in-place, a relatively new concept in home design that means building a home that adapts to meet the changing needs of aging home owners. The emphasis is placed more on building a home with the most practical features versus the most popular features. Homes equipped to age-in-place are often built with subtle modifications such as wider doorways, raised commodes and vanities, wheelchair accessible features and grab bars in the bathrooms.
9 Reasons You Should Move to a Retirement Community in 2009
Moving to a retirement community can be a daunting thought for many Baby Boomers. The thought of selling the home you have lived in for many years, leaving neighbors, friends and family is enough to deter many retirees from making any kind of change at all.