Category: Buying, Selling & Financing
The Phoenix area in Arizona has been a popular retirement destination among Baby Boomers for many years. Not only is it home to the first age-restricted community in the country, but it is also one of the sunniest places in the U.S. with an average of 330 days of sunshine per year. The Phoenix area is also known for having superb golf courses, plenty of outdoor recreation, and an affordable cost of living. If you’re looking to retire in Arizona, then check out some of the lowest-priced active adult communities near Phoenix where you can enjoy your Golden Years.
Builder Del Webb has begun pre-sales at its new 55+ community called Del Webb at Traditions in Wake Forest, North Carolina. The age-restricted community, which is located within the master-planned development of Traditions at Wake Forest, will offer a total of 452 single-family homes spread across 164 acres of lush landscape.
Trilgoy at Vistancia, a 55+ community in Peoria, AZ, is selling its last three upgraded homes from their original model home gallery in order to make room for the new model home gallery opening this fall. The three remaining homes include the Vantage (2,771 square feet), Capture (2,439 square feet), and Chroma (2,046 square feet) floor plans. Trilogy’s other model homes have already sold out.
The newest members of the active adult community are in the process of moving into their new homes this month. The first phase of Del Webb Wilmington includes 141 homes. Six model homes were recently completed, one of which was the Castle Rock model that is a part of the Rachael Ray Home Collection.
Many homeowners have asked themselves the same question: “Should I renovate or buy a new home?” Purchasing a new home or renovating can be time consuming and costly depending on the circumstances. Cities and neighborhoods that are in high demand usually have pricey homes so it’s probably cheaper to just renovate, while other cities with less expensive homes will make it more affordable to buy a new home. Although there are no one-size-fits-all answers, weighing your options carefully can help you decide what works best for you.
The golden years of retirement are fast approaching for many Baby Boomers, finally able to spend more time with their families, pursue their hobbies, and take those long vacations without worrying about rushing back to the office. It is also the time to decide whether to put some of the money from the nest egg into homeownership or if it would be better to rent an apartment or condo.
So what is the MLS exactly? Let’s say you want to sell your home. You contact a real estate broker who comes to your home, takes a look around, jots down some notes, and takes lots of photos. The agent will then go back to their office, upload the photos, and write a description of your home. All that information is placed into a system that includes other homes for sale in your area. That system is the MLS.
Buying or selling a house is a big decision and it's important to find the right real estate agent to work with you through the process. There is no one-size-fits-all in an agent-client relationship. Regardless of whether you're selling, buying or both, there are a few attributes you want to look for in an agent including integrity, experience and knowledge of the area.
Are you getting ready to downsize now that your youngest is out of the house? Planning to launch your second act in a new locale? Heading to warmer climes for retirement? Consider hiring a Seniors Real Estate Specialist (SRES) to help you make your move.
In real estate, a common catch phrase is "location, location, location." A home in a great location may be more likely to hold its value, while also placing you closer to local attractions. Yet, you also can't overlook the importance of price when choosing a home. You don't want to overextend yourself, especially when heading into your retirement years. So which is more important: location or price?