Archive: May 2009
Moving to an active adult community is an exciting change for many people. One of the top complaints of residents who move to active lifestyle communities is, “they wish they would have done it sooner.” Yet, the fear for many older adults is that packing up and leaving a neighborhood filled with good friends, family and close neighbors prevents them from pursuing life in an active adult community.
Searching for the right home in an active adult retirement community may seem like a daunting task. After all, depending on the area you have chosen for your new home, there may be a myriad of communities to choose from that all offer different home styles and choices. Many buyers juggle with the idea of whether they should purchase a newly constructed home from the developer or a pre-owned resale home. There are advantages and disadvantages to both. Here are some factors to consider:
Many people who purchase in a new construction active adult community mistakenly think it is in their best interest to purchase directly from the builder without using a buyer’s agent when in fact there are many great reasons why you should use a real estate agent when making a new construction purchase. A buyer’s agent working for YOUR needs can help you find the right home at the lowest price. Here are 8 reasons why you should use a knowledgeable buyers agent when purchasing from a builder.
Baby Boomers are changing the way Americans view retirement living. Not too long ago, retirees were content filling their retirement years with relaxed days by the pool in a warm climate. Today’s retirees are challenging the notion that retirement is reserved for those who want to settle down. On the contrary, many Boomers are using retirement as an opportunity to explore new passions and rekindle old hobbies.
On a recent trip to Arizona, I had the opportunity to tour Green Valley – a popular retirement destination in southern Arizona. The area offers a retirement living concept unlike any other place in the country. The town is comprised almost entirely of 55+ aged active adults. Unlike most retirement communities where residents are limited to the activities and amenities of their neighborhood, Green Valley residents are part of a large conglomerate of interconnected amenities and recreation centers.
A recent study released by the National Association of Home Builders (NAHB) and MetLife Mature Market Institute revealed that a growing number of Baby Boomers are opting for age-restricted communities. Adults have been flocking to 55+ aged active adult communities in growing numbers to take advantage of active lifestyle options and low maintenance ranch-style housing.