Introduction In an era where the narrative around real estate is predominantly youth-focused, it's easy to overlook a demographic that is making significant strides in the market: individuals over 50. This age group is proving that when it comes to purchasing your first home, it's never too late. Far from being at a disadvantage, this cohort brings to the table a unique set of advantages that can make...
With a solid grasp of your financial standing, you're now ready to develop a budget for your new residence. A realistic budget extends beyond the initial purchase price of the property. It should also account for continuing expenses such as home insurance, property taxes, maintenance costs, and utilities. These are recurrent expenditures that must be met and should therefore be factored into your budget....
The Top Benefits of Buying a Multi-Generational Home Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the top reasons why, to see if a home like this may be right for you too. Why Buyers Are Opting for...
Does “Aging in Place” Make the Most Sense? A desire among many seniors is to “age in place." According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – there’s a comfort in...
Should Baby Boomers Buy or Rent After Selling Their Houses? Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider. Will you move to a different state or stay nearby? Is it time to downsize or do you want more space to accommodate your loved ones? But maybe the biggest...