For all of us in the Baby Boomer and Senior Citizen Generation caring for the real estate needs of our elderly parents – some real estate news articles of interest:
South Florida senior communities serve two generations – Interesting article about the pros and cons of the economy forcing many 80 and 90 year olds to stay put at their retirement community as 50 and 60 year olds are considering moving in. "With prices bottomed out and plenty of vacant units, senior communities throughout South Florida are facing dual challenges of serving their oldest residents and luring in younger retirees to stay afloat."
Senior citizens need special help selling their homes – Good explanation of a Seniors Real Estate Specialist (SRES) designation that Realtors can get after taking a course offered by the National Association of Realtors and why a real estate agent who specializes in that can be extra helpful to our senior parents.
WOOHOO! Pemberton senior citizen earns college degree – She's a real estate agent who is just got her A.A. and is now working on a B.A. in Social Services! I just got my A.A. in real estate a few years ago – about the same time I turned the big 5-0. It's always a thrill to hear I have lots of company. And think of all the great brain exercise we are all getting when we study (or blog)! Very important!
Real-Estate Nightmare Looms for Retirees – Speaking of lots of company, our multigenerational family has plenty of that as well. "One option to consider if you plan to age in place is something that was commonplace years ago: multigenerational living. AARP and Pew Research Center recently reported that growth of multigenerational households has accelerated during the economic downturn."
Definitely some interesting news for boomers and seniors caring for the real estate needs of our elderly parents!