Seniors

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Real Estate Market Is America’s Housing Market Failing Older Adults? The US population is aging. Within the next decade, older adults will outnumber children for the first time in American history. As Americans live longer, their housing needs will change, but our current housing market is ill prepared for this demographic shift, according to Linna Zhu and Amalie Zinn of Urban Wire/Institute. Today, senior households—many of whom are […]
Seniors “Beatlemania Boomers” Could Face a Retirement Crisis The youngest baby boomers, born in the era that spawned Beatlemania, face a crisis, according to Daniel de Vise at USA Today. “Late boomers,” those Americans born between 1960 and 1965, have less retirement wealth, and much less retirement savings, than either older boomers or “war babies,” generations born between 1942 and 1959, according to a […]
Buying a Home Seniors’ Have Great Credit, But Can’t Get a Mortgage Older adults have higher credit scores than any other age bracket, yet studies have shown that they’re substantially more likely to be rejected for most kinds of mortgages. That raises barriers for older Americans hoping to renovate or retrofit their homes, or to extract home equity as a buffer against medical expenses, widowhood or other […]
Seniors Your Real Estate Needs in Retirement From 1985 to 2008, the average length of time homeowners typically stayed in their homes was six years. But according to the National Association of Realtors (NAR), that number is rising today. Homeowners are staying in their houses even longer. If you’ve been in your home for more than a few years, you’ve likely built up significant equity that can […]
Seniors Multiple Generations Sharing Homes Is On The Rise For some families, having multi-generations living in one home is common. For others, it’s a necessity. Are you planning to have multi-generations living under one roof? Whether by choice, economics or necessity, more and more parents, adult children & grandparents are choosing to live together, & those numbers are on the rise. This “multi-generational living […]
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