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Is now the right time for seniors to list their home for sale?

 

Last updated 9/24/2021 at 5:53pm

Village News/Courtesy photos

Now is a good time for seniors to sell their homes and move to a retirement community.

Greg Petree

Special to the Village News

The residential real estate market in the U.S. is having its biggest boom since 2006. Of course, we all recall just a few years after the last boom, the housing bubble burst in 2008, igniting a global recession. But real estate and mortgage experts say that in nearly every way, the current housing market conditions are the opposite of that last ill-fated boom. That being said, there are some early telltale signs that the market may now be cooling.

If you are a senior who is considering a move to a retirement community, this could be an indication tha...



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