Excerpted from McKnights Clinical Daily by Alicia Lasek More than a quarter of older adults say they are in worse physical condition now than before the pandemic, suggesting a heightened potential for falls, a new national poll has found. More than a third of older respondents to the University of Michigan’s National Poll on Healthy Aging said that their physical activity declined in the first 10...
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When it comes to buying an RCFE residence, you’re looking for the perfect place for your residents to call home. The problem is, in today’s market there just aren’t that many RCFEs available to purchase. With inventory hovering near record lows and high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re ready to make an offer. Know Your...
Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for housing is up while the supply of homes for sale hovers at historic...
It’s clear that consumers are concerned about how quickly RCFE home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month. In addition, Jim Dalrymple II of Inman News notes: “One of the most noteworthy...
When buying an RCFE home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing Costs? According to Trulia: “When you close on a home, a number of fees are due. They typically range from...
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The same is true of RCFE homes. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that increase in inventory has yet to...
The financial benefits of buying an RCFE home as compared to leasing one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as the RCFE homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price Expectation Survey, a survey of over one hundred economists, real estate...
Today’s RCFE buyers are faced with a strong seller’s market, which means there are a lot of active buyers competing for a relatively low number of available RCFEs. As a result, it’s essential to understand how to make a confident and competitive offer on your dream RCFE. Here are five tips for success in this critical stage of the process. Listen to Your Real Estate Advisor 1. A good real estate...
Last year, many RCFE owners thought twice about selling due to the onset of the health crisis. This year, however, many are beginning to regain their confidence when it comes to selling safely. Now that a majority of residents have received their vaccinations, numerous RCFE owners we’ve spoken with are planning to sell their RCFEs this Spring. Demand is high for RCFEs, and there are many buyers who...
Some Highlights With so few RCFEs available to buy today, houses are in high demand, and they’re selling fast. That means it’s a great time to sell if you’re ready to make that move. Reach out to us to make sure your RCFE is ready for a top-dollar sale this spring. It may be closer than you think! If you are considering buying, selling or leasing an RCFE, please call us TODAY to explore...