Time to Buy a Retirement or Vacation Home

July 28th, 2011

The National Association of Realtors recently listed 2010 as the best year on record to buy a retirement or a vacation home, and predicts 2011 to be the third most affordable year since 1970. Vacation and retirement home sales are on the rise nationwide according to the NAR, and will most likely be a trend that [...]

Retirement Debt: Does a 30-Year Mortgage Make Sense?

July 23rd, 2010

People planning to live in a new home for only 10 or 15 years before moving into a retirement community should consider taking on a bigger mortgage rather than sinking most of their cash from the sale of a previous home into the property.

Baby Boomers Buying Second Homes for Retirement

June 16th, 2010

According to the results of a newly released study of nearly 2,000 American baby boomers — those born between 1946 and 1964 — commissioned by the National Association of REALTORS (NAR), ten percent of all boomers are considering buying real estate in the next 12 months and 15 percent of those respondents said they were [...]