The real estate downturn has turned some very popular retirement destinations into bargains. To determine where the prices are most attractive, U.S. News & World Report examined price-to-income data for 384 metropolitan statistical areas. This expresses the relationship between owner income and home values. Here are 10 retirement havens where homes are most affordable by [...]
Posts under ‘retirement’
Ask The Experts: When are Taxes Due on Sale of Inherited House?
Today we ask an expert what how are taxes treated on an inherited property? QUESTION: My parents lived in a 1910 home until they passed away in the ’60s. Eight siblings were willed the home, but we allowed one brother to live there until he died in 2009. The home was sold in 2010 and [...]
Home size continues to decline
Following nearly three decades of increases, the size of newly built single-family homes declined to an average of 2,438 square feet last year, according to data collected by the Census Bureau. New homes constructed in 2009 had fewer bedrooms than those in previous years. After increasing for nearly 20 years, the number of single-family homes [...]
‘Simple 6′ Steps Help You Save
By Claudia Buck RISMEDIA, May 17, 2010–(MCT)–Pick the brains of the most “financially fit” Americans, then dissect their good habits. That’s the premise of a new study from Florida State University, where researchers identified the common traits of everyday folks with high levels of financial well-being. The results? Surprisingly, some very basic habits, says Dr. [...]
Boomers Ready for Retirement Housing
According to John Migliaccio, director of research for MetLife’s Mature Market organization, more than 78 million baby boomers, born between 1946 to 1964, will reach age 55 over the next 10 years.He and other trend spotters believe this dominant group of home owners will lead the industry out of its slump. Baby Boomers approaching retirement [...]
15 Top Retirement Cities
Boomers are willing to move farther than previous generations when they retire, and they are choosing places unlike stereotypical retirement hotspots, says Tom Brokaw in his report on Boomer retirement, airing on CNBC, Thursday, March 4 at 9 p.m. ET.The top places listed by AARP and explored on the show are: 1. Loveland/Fort Collins, Colo. [...]
Beach Villas close out sale reception event hosted at a Four Seasons, February 23 Four Seasons Beverly Hills 5:30pm-7:30pm
“Aloha! The beautiful Beach Villas at Ko Olina are going to be REDUCED TO SELL (all available inventory), May 2010. After a successful sales event in September, the Beach Villas at Ko Olina are 80% sold. We are excited to announce our Final Developer Close-Out Sale!!! You are invited to attend a reception event, [...]
Renting vs. Buying
For many of you the after-tax (especially with the ongoing tax credit) could be LESS than the cost of renting. In most cases, your mortgage interest is tax-deductible, as well as property taxes. This means you are building up equity in the home while paying less in living expenses versus buying, and when you are ready to move [...]
