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Baby boomers that plan to move for retirement are looking for smaller, affordable homes that are easily accessible to medical care and near their family, according to a poll of more than 1,000 adults born between 1946 and 1964 conducted by Associated Press. Baby boomers who make more than $100,000 a year are the most likely to say they plan to buy a new home during retirement. For boomers who plan to purchase a new home, the most important factors cited in a home for retirement included:
About 10 percent of baby boomers said they will search for a new city to relocate to that offers more services for them in retirement. Only 8 percent of baby boomers surveyed say they want a larger home for retirement, the poll finds. However, more baby boomers say they don’t have any plans to move after they retire. Source: The Associated Press
Are you a baby boomer looking to sell your current home and move to a new one in Upstate SC? We can help! Give us a call today..We know the areas and can help you find your new dream home for retirement or any other purpose.
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Myrtle Beach Real Estate market is Shifting Again - Greg Harrelson
The Myrtle Beach real estate market has been a roller coaster ride for 7 years now. The constant downturn has discouraged so many buyers and investors from moving to the beach. There has been a significant shift taking p,akin the past 3 months that is worth noting. Look at the changes below and tell me what you think is going to happen next...
Real Estate Changes in Myrtle Beach
1. Inventory levels are declining. The available listings for sale in Myrtle Beach has dropped to a few year low.
2. Many listings are getting more than one offer.
3. New construction is taking place in the Myrtle Beach and North Myrtle Beach real estate markets.
4. There are more properties under contract now than there has been in years.
5. Foreclosures are selling faster then ever keeping the supply very low.
6. The average days on the market is declining many real estate in Myrtle Beach is selling faster.
When the above things occur all at once, most people would conclude that the market is shifting. Of course, nobody an predict the future yet a shift in
Myrtle Beach real estate must occur at some point.
So, is it time to buy a piece of Myrtle Beach....?
Things to consider:
- Myrtle Beach is having a sale. Many homes and condos are marked down by 55% from their original price.
- Banks are giving money away at 4% or less interest many money is on sale also.
Now is the time to start looking building wealth through real estate. Even Warren Buffett was recently quoted saying that buying single family homes is a great investment and he wishes he could buy more than he has. He states that homes are cheap and money his cheap. This is the perfect set up for wealth creation.
Go ahead and browse through our local MLS by clicking on Century 21 The Harrelson Group!
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Marcliffe condos at Blackmoor are Spacious and Well Built - Jan Pitman
The condos at Marcliffe are selling at a faster pace then most new construction communities. These condos are known for their spacious floor plans and superior construction. While many builders are starting to use inferior products to make the condos cheaper, the Marcliffe developers have maintained their high standards for construction.
In addition to the condos, you can choose a Garden Home, named the Longwood if you want a more home-like feel. The Longwood homes offer a garage and spacious three bedroom floorplans with options for a screened porch. The Garden Homes are all one level with no stairs to climb. Marcliffe condos as well as the homes are located around the Blackmoor Golf Course. This golf course is a favorite with the locals as well as the visiting golfers that come to the beach each year.
It's always a good sign when one owner tells their friends that they must buy a condo in Marcliffe. This is only common when you have happy and satisfied past clients. This tells you something is being done right.
If you are looking to relocate to the Myrtle Beach area or want a spacious second home then Marcliffe and Marcilffe West is the preferred option. Compare the quality of these condos with anything else in the area. Not only is the construction good but the prices are fantastic.
For a personal tour of the Marcllife community, please contact us.
If you're looking for a Myrtle Beach condo for sale, Marcliffe is the way to go.
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The Easley Town Center in Easley, SC is rapidly growing! The new stores that are coming are as follows:
-Marshalls (25,000 square feet)
-Petsmart (14,033 square feet)
-VIP Nails and Sally Beauty (4,500 and 1,500 square feet)
-Academy Sports (61,761 square feet)
-Rue 21 and Dots (4,500 and 4,000 square feet)
-Shoe Carnival (8,500 square feet)
-Sam's Club with gas station (136,086 square feet
Sheri Sanders
Prudential C Dan Joyner Co Realtors
Sheri@TheSandersEdge.com
864-238-7057
www.TheSandersEdge.com
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That is a $3000.00 increase on a $400,000 loan and an annual $400 increase in total mortgage insurance premiums paid! The new changes in PIM are really going to cost you more money for your new home! First time home buyers won’t be rejoicing in this news as they are going to be the ones to shoulder these changes. Mortgage insurance premiums will not rise for loans already made.
And since FHA loans are traditionally used by first-time home buyers and low income borrowers because they offer low down payments, the increases might make it financially difficult for them to buy homes.
With the mortgage fraud, the big bank’s robo-signing debacle, and bailouts happening, the housing market is far from recovering. FHA loans have kept this market moving along, now, with these changes, recovery is a small light at the end of a long tunnel.
J Michael Manley Team
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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