Have you considered selling your RCFE, but think it’s better to wait until the New Year before you put your RCFE on the market? Think again! The holidays are a MAGNIFICENT time to sell your RCFE because buyer demand is still very strong. Also, holiday-decorated homes look their best and make a great impression. So, if you are under the mistaken impression that RCFE buying and selling activity...
Articles
If you’re looking to maximize your sale and minimize your effort, you need to work with an expert real estate professional who specializes in senior care properties. In a sellers’ market like today’s, it can be tempting to list your RCFE on your own – known as For Sale By Owner (FSBO). But the truth is, a real estate professional specializing in senior care properties can save you time and...
A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase an RCFE home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride RCFE ownership offers The sense of stability In the same survey, 41% of respondents say they’d rather own a home than rent because of the...
Freddie Mac: 5.3% If you’re an RCFE renter with a desire to become an RCFE homeowner, you may be hoping that waiting a year might mean better market conditions to purchase an RCFE home. To determine if you should buy now or wait, you need to ask yourself two simple questions: What will RCFE home prices be like in 2022? Where will mortgage rates be by the end of 2022? Let’s shed some light on the...
Just 1% of nursing homes and 4% of assisted living communities participating in a recent survey by the American Health Care Association / National Center for Assisted Living reported being fully staffed. A total of 1,183 nursing home and assisted living providers nationwide participated. Additionally, 86% of nursing home and 77% of assisted living providers said their workforce situations have gotten...
September 20, 2021/in News /by Assisted Living Education Despite an initial hesitancy among seniors to seek assisted living situations, 73% of families report that a senior’s quality of life improves after a move to an assisted living facility. When seniors reach the stage of finally accepting assistance in their daily living routines, they embark on a new journey that can be extremely empowering...
In today’s hot sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of RCFEs for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the RCFE of your dreams. Below are five things to keep in mind when it’s time to make an offer. Know Your Budget Knowing...
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. The same holds true for RCFEs Here’s the definition of...
It’s economy 101 – when supply is low, and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to RCFE appraisals. In recent months, it’s become increasingly common for an appraisal to come in below the contract price on the house. Shawn Telford, Chief...
Becoming financially secure is an important goal for many people today, but some don’t realize just how much home ownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals. It shows there may be a significant misconception about the role owning a home plays in building...