Real Estate for Boomers and Beyond

Real Estate for Boomers and Beyond

by Tom Kelly
     
 
Adult children and their parents are faced with many housing decisions— from deciding whether to move into a more energy efficient home or remain in the family home. n addition, they'll need to answer tough questions including: "Is a reverse mortgage right for me?" and "What can I do if I'm house rich and cash poor?"

In Real Estate for Boomers and

Overview

Adult children and their parents are faced with many housing decisions— from deciding whether to move into a more energy efficient home or remain in the family home. n addition, they'll need to answer tough questions including: "Is a reverse mortgage right for me?" and "What can I do if I'm house rich and cash poor?"

In Real Estate for Boomers and Beyond journalist, boomer and real estate analyst Tom Kelly answers these and hundreds of other questions as Baby Boomers and The Greatest Generation plan their lifestyle and housing needs. According to the US Census Bureau, nearly 80 percent of older population own their home. And as they have begun to look at their homes as their greatest asset—not just as physical shelter, the time is ripe for concise guidance on managing the most expensive investment they've likely ever made.

In this complete guide to senior real estate, Kelly highlights the social trends driving the market, and shows readers precisely how to apply this information to their own retirement plans. Chapters examine the myriad housing options for seniors and future retirees: moving closer to the kids or to the sun, adapting the family home for senior living, considering an assisted living community, staying in place, and more. Interwoven throughout are real-life stories of seniors exploring new living arrangements.

With this book as a guide, members of the "don't-want-to-borrow" Greatest Generation and the "loan-crazy" Baby Boomers, will learn how to protect and capitalize on their most precious asset—the home.

Product Details

ISBN-13:
2940013879683
Publisher:
eBookIt.com
Publication date:
12/17/2011
Sold by:
Barnes & Noble
Format:
NOOK Book
File size:
2 MB

Meet the Author

As author, nationally syndicated newspaper columnist and talk-show host, Tom Kelly has carved a niche as one of the foremost journalists and thought leaders specializing in baby boomers, seniors or anyone who is considering a second home. A former real estate editor of The Seattle Times, Tom's column is now carried in more than 40 newspapers including The Washington Post, Houston Chronicle, Miami Herald, Louisville Courier-Journal and Portland Oregonian and syndicated to thousands of websites via Inman.com. Tom's radio program, Real Estate Today, featuring home and loan experts with listener call-ins, is now in its 18th year originating from the CBS affiliate in Seattle. His ground-breaking book How a Second Home Can Be Your Best Investment (McGraw-Hill) is one of his five real estate books. His first novel Ice Cold Crossover will be released in October, 2011. He and his wife, Jodi have four grown children and live on Bainbridge Island, near Seattle.

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