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“The Silver Tsunami refers to a larger portion of the U.S. population hitting the traditional retirement age of 65 and moving from their larger, family home to something smaller when the kids ...
Real estate is a very localized industry, which means that a potential generational shift in homes for sale will look a lot different depending on where you’re looking to buy.
In many regions a real estate bubble, it was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2011. [3] On December 30, 2008, the Case–Shiller home price index reported the largest price drop in its history. [4]
Real estate bubbles are invariably followed by severe price decreases (also known as a house price crash) that can result in many owners holding mortgages that exceed the value of their homes. [ 32 ] 11.1 million residential properties, or 23.1% of all U.S. homes, were in negative equity at December 31, 2010. [ 33 ]
Age-qualified communities, also known as 55+ communities, active adult communities, lifestyle communities, or retirement communities, are often planned communities that offer homes and community features that are attractive to 55+ adults. These might include a clubhouse or lifestyle center with a good many activities, sometimes with indoor and ...
The Retirement Risk Zone is the period of time that can last from five to 10 years before and after you retire. This timeframe can have a significant impact on your retirement savings. And experts ...
Silver tsunami (also known as grey tsunami, gray tsunami, silver wave, gray wave, or grey wave) is a metaphor used to describe population aging; specifically, baby ...
Retirement Planning: How Much the Average Person 65 and Older Spends Monthly Learn: 3 Things You Must Do When Your Savings Reach $50,000 Staying One Step Ahead of Reverse Mortgage Scams