Here's the first of a series of guest posts from Terri Williams, of reviews.com. According to 2017 U.S. Census population estimates, there are nearly 50 million Americans who are 65 years of age or older, and by 2060, that number will surpass 98 million. In addition, the Centers for Disease Control and Prevention (CDC) reports that older Americans experience
When my clients say “forever home,” they usually mean this: the biggest and best placed house until their children are raised and gone. It’s not really forever. The generational tide used to turn when children went off to college. That has changed a bit. The Boomer generation is not moving to smaller quarters at the
What projects should you take on, and which are better done by someone else? It's a personal choice. That choice changes, depending on your time and your health and flexibility. Jim Vogel from ElderAction.org has this advice: With all of the pressures of modern life, it’s easy to forget about your house. That’s too bad
A rising market favors people who are downsizing because the higher the property value, the greater the sale of the more expensive, bigger property. This offsets the higher price of the downsized, smaller property, assuming both properties are rising at the same rate. Suppose you own a house that was worth $650,000 before the mini-bubble.
Today, a guest post from Jim Vogel: Your home is yours. Your children’s wedding photos line the walls, your grandmother’s tulips bloom in the front yard every spring, and you can still make out the faintest hint of marker where grandkids made the wall their canvas. But now that you’re moving to a new house