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Quaint Cottage Living, in your hometown. Slow down & relax by the pool or escape to the nearby trails. Get a little local shopping do...

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Traditions of America at Lititz is an award-winning 55 and older community located in the rolling hills of Lancaster County.  The co...

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Traditions of America at West Brandywine, is a brand new active adult community in the most sought-after Philadelphia suburbs. Located in...

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Few towns in the Southeast offer more gracious charm than Aiken, South Carolina.  Take a relaxing stroll through Aiken's tree-lined ...

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Nestled in the foothills of the Great Smoky Mountains, Tellico Village comprises over 5,000 acres along Tellico Lake. Established in 1986...

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Vanguard Posts Helpful Retirement Financial Advice

Category: Financial and taxes in retirement

Probably you get a lot of newsletters from your financial advisors. We confess we don’t pay too careful attention to most of them, but recently a newsletter came in from Vanguard that we thought was particularly helpful. Although the focus of this site is primarily to help you choose the right retirement community, being able to afford that community is pretty important too!

The Vanguard articles included:
What your partner should know about your financial situation (in case something happens to you)

Sensible spending tips for retirees

How to support your favorite charities in a down market (some interesting stuff here)

Posted by Admin on May 20th, 2008

Foreclosure Action Brings Higher Sales and Lower Prices

Category: Retirement Real Estate

May 20 — The National Association of Realtors announced that home prices slid over 7% in the first quarter of 2008 compared to the year earlier period. Although sales volume is down as most buyers continue to stay on the sidelines, there is one category of sale that is hot right now – foreclosures.

In Southern California almost 38 percent of overall sales in April were from foreclosures. These increased sales will probably benefit the overall real estate market, including homes in active adult communities. The sales gains are clearly coming from lower prices – as banks take action to get non-performing assets off their books, prices go down. In fact there are reports that certain funds are taking big positions in buying foreclosed properties, often for cents on the dollar. (more…)

Posted by Boomer1 on May 20th, 2008

Active Adult Communities’ Sales Increase in Arizona as Prices Drop 30% or More

Category: Active adult communities

May 13 — A report from Arizona State University’s Morrison School of Management and Agribusiness brought some welcome good news to the Arizona market for active adult communities recently. The school found that price drops in the area of over 30% helped spur increased sales in retirement communities among snowbirds during March.

The areas experiencing the largest sales activity are in the West Valley – where the newer towns of Surprise, El Mirage and Goodyear are located. Apparently sellers’s willingness to drop prices has at last been met with some interest by buyers. The older, more established communities of Glendale, Peoria and Avondale have seen more price stability and lower sales volume.

Posted by Boomer1 on May 13th, 2008