The state of the retirement real estate market in June 2011 is based on the following information: • The number of retirement communities is 1,732 (up from 1,606 in June 2010). • The average age of retirement communities is 70.5 (up from 70.2 in June 2010), this includes all Adult Community Homes as well. • … Continued
The latest issue of AAA Midwest Traveler makes us proud to live in the St. Louis/St. Charles metro region. The results of a recent readers’ poll show what we already know—we live in great place that offers so much to see and do. In the Best of the Midwest poll, St. Louis was voted the … Continued
Our area is also a “best-bang-for-the-buck†and home prices edge up. It seems as though St. Louis has a lock on the good news department lately. Our region was selected for two Forbes.com lists and home prices are moving up. If you’re shopping for a house, St. Louis is one of the best markets, according … Continued
Green is the hot color right now and should be your color too when you sell or buy a home. Becoming attuned to the current eco-movement will make a huge difference. As a seller, you will boost the value of your home with eco-friendly improvements and give your real estate agent more features to highlight … Continued
Environmental psychologist Toby Israel, author of a new book, Some Place Like Home: Using Design Psychology to Create Ideal Place, says people’s childhood homes have a profound effect on what kinds of homes they like best. Before anyone buys, builds, rents or remodels, Israel believes they should consider what kinds of living spaces satisfy them, … Continued
Existing-home sales increased in February, reversing losses in January, according to the latest report by the NATIONAL ASSOCIATION OF REALTORS®. However, sales activity remains relatively soft, reflecting additional layoffs and buyers waiting for housing provisions in the economic stimulus package to take effect, according to NAR. Existing-home sales— including single-family, townhomes, condominiums and co-ops—rose 5.1 … Continued
There’s a glimmer of hope in the housing market. Existing home sales increased in February 2009, at a rate of 5.1 percent, according to the National Association of Realtors (NAR). Chief economist Lawrence Yun says that first-time buyers accounted for half of all home sales last month, with activity centered in the lower price ranges. … Continued
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With nest eggs under attack by the declining economy, Forbes magazine ranked the best large metropolitan area to retire on a budget. Forbes considered housing affordability, inflationary pressures, and job prospects for the 20 percent of those older than 65 who are still employed. Also, the magazine considered: physicians per capita and the number of … Continued