Many of us have an image of 60-somethings retiring, selling their house, and heading for the sun and sand of warmer climates. But a new study from PulteGroup finds that 62 percent of the Baby Boomers surveyed will stay in their home state — a 20 percent increase from just two years ago.
Retirees Fall Foul of Tight Lending Standards
May 31, 2012 by
Decreased monthly incomes among retirees are making it more difficult for people in this age group to buy homes, as many are now unable to qualify for a mortgage now that lending standards have been tightened up.
Things Looking Up in Florida?
May 12, 2011 by
While most realtors would tell you that the US property market is recovering very slowly, Pat Neal, a Manatee County developer, sees things quite differently.
Since he first went into the construction business more than 42 years ago, he has lived through almost a dozen boom and bust cycles, and he says that the current one, which has lasted for 6 years now, is by far the longest he has endured.
