Home prices in urban areas have not fallen by as much the last few years as they have in the suburbs. And prices in urban areas are recovering much faster too, according to John McLain of the Urban Land Institute. Why? Some say it’s because of new moving patterns among the baby-boomer generation. An increasing [...]
Cut out the unnecessary before you move to a smaller home. Whether you're an empty nester moving from a house into a condo, or a renter trading in a two-bedroom for a studio, you'll have to say sayonara to some of your stuff. Stressed out by the prospect? Don't be. Sarah Moyse and Jennie Davidson, [...]
The last thing any third-party property management company wants to see inside a unit is a Hangovermovie sequel produced by irresponsible renters. People who don’t own their homes don’t always treat a rental property like they would want to be treated. The Downsizing of America charge led by baby boomers perhaps opens opportunities for landlords [...]
Baby boomers are the largest generation in history - and now they're retiring. For some, that means moving to a smaller home, clearing out some clutter, and saving some cash in the process. It's a big job, and one that can be emotional at times. ABC7 talked with some downsizing experts to learn tips for [...]
For a number of years I have been longing for a simpler lifestyle that would allow more time for things that really mattered. In January of this year I made the decision to sell my 5,000 square foot home in rural Chester County and downsize to a 1,000 square foot apartment in center city [...]
When it comes to retirement planning, there are a lot of opinions on how much you need to save; eight times your salary and the 4% rule are just a couple rules of thumb out there. Equally important to a comfortable retirement is not just the money you have, but also the expenses you're tallying [...]
Downsizing can help make life more manageable in retirement, but it can also be quite the chore, requiring a lot of research, planning and preparation. We’ve taken a look at eight simple things you can do to help navigate this complicated process and downsize in retirement without the stress. 1. Take inventory How can you [...]
In the past 2 years there has been a jump in the stock prices of companies offering affordable housing for the growing generation of retiring Baby Boomers. In contrast to the general perception of boomers as cash-rich gadabouts, the reality for many is different. So, while going about experiencing different activities and social [...]
Baby boomers are altering the American Dream. After having the home in the suburbs, the kids, the two cars, and maybe even the picket fence, a growing number now want to ride elevators to rental apartments and walk out the door to restaurants. When the kids are grown, an increasing number of empty nesters [...]
“I walk everywhere in the city. Any city. You see everything you need to see for a lifetime. Every emotion. Every condition. Every fashion. Every glory,” Maira Kalman observed in considering the creative capacity of walking. Charles Dickens and Victor Hugo, too, came up with their best ideas while walking. For Peanutscreator Charles Shulz, walking [...]