| Retirement communities homes for sale have taken a | | | | homes, have really brought these prices down to |
| hit on price like everywhere else. Florida, Texas, | | | | where you may be able to afford a nicer retirement |
| Arizona, and other areas are "on sale." Everyone | | | | or second home than you thought you could--or |
| wants to know if prices will go lower. It is hard to | | | | retirement at all. Tax-advantaged Delaware near the |
| imagine when you see some of the bargains out | | | | Atlantic Coast is a good place to look for these or |
| there now. But some experts say this is possible. | | | | Florida where many are located. |
| Nevertheless, many people now are turning their | | | | Also, prices at new retirement community |
| backs on real estate because of the "bad" market. | | | | developments are competitive with the marketplace. |
| I'm sure you've heard it said, "When things get tough, | | | | The owners with years of experience know you |
| the tough get going," and it's getting pretty tough. | | | | cannot have an overpriced home in this very strong |
| However, this is not the time to turn away from the | | | | buyers market. Besides price adjustments, many are |
| real estate market as there are so many bargains | | | | throwing into the deal alot of extras like further price |
| available now. | | | | reductions and free upgrades. It is a local thing so |
| Just when seniors think they can't retire because of | | | | some areas have more than others. Another plus for |
| losses in their retirement accounts, lowering home | | | | retirees is that if they decide to pay all cash out of |
| prices at retirement communities may be a silver | | | | the equity of their current homes, they don't have to |
| lining, making it more affordable to buy that | | | | worry about qualifying, interest rates etc. at all. |
| retirement or second home. | | | | There are also resales available at new home |
| Bargains are everywhere but especially in low-cost | | | | communities as well as older communities, and often |
| areas like Tennessee, Georgia, and South Carolina. | | | | builders of new communities will list the resales |
| The retirement communities in these areas already | | | | available as well as ready to buy inventory homes on |
| were at low prices when the economic crisis hit and | | | | their website. Inventory homes may have some |
| they have now fallen more. Florida had been oversold | | | | special pricing to tempt buyers. Older retirement |
| in 2006 but now is becoming more affordable again, | | | | communities resales across the country may have |
| and with its tax advantages, will be luring buyers. | | | | even higher inventory numbers and incredible |
| Central Florida, a lower cost area generally, is | | | | bargains. |
| particularly "hot" right now. | | | | Check the local senior newspapers, Realtors, friends |
| Take a look at over 55 manufactured homes | | | | at retirement communities, retirement community |
| communities. Many of these are land-lease | | | | websites, and retirement community newspapers. |
| communities so you are only paying for the home | | | | Many communities have visitor programs where you |
| not the land. Desperate sellers and high competition | | | | can try out. Viewing communities is the way to find |
| here, as elsewhere in real estate, in new and resale | | | | your own retirement community real estate bargain. |