Monday, September 17, 2007

Should you buy a retirement home now?


That is a question crossing many minds today. A host of people from their 40s all the way to the 60s are spending quality time on the subject, weighing possible locations, finance options and the exact timing of the purchase, which are among the more important points. It's a strategic decision, so it does deserve careful study. Today's real estate market, though, tends to favor the notion that now might be a good time to act, especially if you are planning to buy a vacation-type property.

One good reason to move on it soon is the current price softness. When the housing market bottoms out is impossible to predict, but when the turnaround comes, prices will most likely rise steadily again over the next 10 to 20 years. Please, click on the link in this paragraph to continue.
Photo by drmatt

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