Retirement Real Estate - Deals Around the Corner?
With all the news media buzzing about Recession, predictions of a crumbling real estate market, and questions about who is going to fix it all and how soon, we got to wondering if there would be a corresponding uptick in opportunites to buy retirement housing at lower prices? Moving to a retirement community in Florida is the goal of many, so we looked on the Internet for someone who might know and came up with the following entry on Topretirements.com. It would appear that the prices have not begun to fall significantly across the board, but there are some sellers and realtors who want to move their property and are lowering their prices accordingly.
Two recent driving trips through Florida, from Jacksonville to Key West (and back) support the article's suggestion that there is plenty of real estate to be had. Our own observations are that properties that have been on the market for over two years are often still listed at the same price as the initial listing, or only slightly less.
The real opportunities may still be out there.
(If you can sell the home you have, and move... another topic for another time)
Retirement community news blog - Topretirements
http://www.topretirements.com/blog/
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