Around this time each year, many RCFE homeowners decide to wait until after the holidays to sell their RCFEs. Similarly, others who already have their RCFEs on the market remove their listings until the spring. Let’s unpack the top reasons why selling your RCFE now, or keeping it on the market this season, is the best choice you can make. This year, buyers want to purchase RCFEs for the holidays, and...
Articles
Excerpted from McKnight’s LongTerm Care By Alicia Lasek This is what HHS Secretary Alex Azar said at a Tuesday Operation Warp Speed press briefing. Vulnerable populations, including those who work in nursing homes, could begin receiving Pfizer’s COVID-19 vaccine candidate after Dec. 10, according to Health and Human Services Secretary Alex Azar. That is the date when the Food and Drug...
There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During the housing crash of 2006-2008, many felt homeowners should be forced to pay their mortgages despite the economic hardships they were...
With an extremely limited supply, this is the hottest November since 2012. Hot November Housing With an Expected Market Time of 41 days, in the midst of November, the Southern California RCFE market is hotter than the Spring Markets of 2014 through 2019. This is the year when everyone is looking forward to the holidays. From the annual pilgrimage to the attic to take down the holiday decorations to...
Democratic President-Elect Joe Biden has floated proposals including a major investment in home care, changes to real estate programs and policies, and pledges related to the caregiver workforce. The incoming administration also may mark a shift from the often fractious and unpredictable last four years, which could be good news for businesses, according to Debra Cafaro, CEO of Ventas (NYSE: VTR), one of...
The number of RCFEs for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors: “There is no shortage of hopeful, potential RCFE buyers, but inventory is historically low.” When the demand for RCFE homes is higher than what’s available for sale, it’s a great time for RCFE...
By Rick Phelps For seniors with Alzheimer’s disease and other types of dementia, daylight saving time may exacerbate the symptoms of sundowning. Changes in daylight, mealtimes and sleep schedules often bring added emotional, behavioral and cognitive difficulties. It’s almost that time again. On the first Sunday of November, daylight saving time ends and we turn our clocks back. This shift often has a...
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on RCFE home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to come. Due to the undersupply of RCFE homes on the market today, there’s upward pressure on prices....
The Orange County RCFE housing market will remain a Hot Seller’s Market for the remainder of 2020 and into the New Year, paving the way for persistent appreciation. With strong demand and an incredibly low inventory, the market will continue to lean heavily in favor of sellers, resulting in RCFE home values rising. One of the most popular toy fads of the 1980’s was the Cabbage Patch Doll. The dolls...
For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, homes (and RCFEs) are being purchased at an accelerating pace, and it’s...