Investing, Real Estate, US Real Estate

Baby Boomers Over Age 55 More Likely To Own And Invest In Real Estate

By Donna S. Robinson | November 30, 2012
A recent article on doctorhousingboom.com clearly demonstrates the impact that boomers are having on the housing market. Boomers between the ages of 55 and 74 are much more likely to own additional residential property besides their personal home, and while some of these homes are vacation properties, most are likely to be held for use as rental property.
Real Estate, Residential, US Real Estate

Rentals Attractive To More Senior Citizens

By Mike Wheatley | July 14, 2011
We’ve heard an awful lot recently about how popular renting is becoming, but one of the more surprising things about this trend is that seniors especially, are beginning to look more favorably on rentals over homeownership. With older people, renting actually makes sense for several reasons – the biggest of them being the mobility that […]
US Real Estate

Illinois Seniors Receive Automatic Property Tax Exemption

By Tavis J. Hampton | April 2, 2011
Close to 300,000 seniors in Cook County , Illinois will no longer have to file every year to continue to receive property tax exemptions, thanks to a new measure the Illinois State Senate authorized.  Under the current law, those who wish to receive the property tax exemption must file annual paperwork with the County Assessor. […]

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