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Seniors Won't Go Without a Fight!

By
Real Estate Agent with Intero Real Estate Services, San Jose, Silicon Valley 01505493

So this is the year that the first of the baby boomers officially reached retirement age.
You know this won't be easy. Many implications here, not to mention the shift in
social securtiy, wage earners, health care, and of course, housing.

Some communities are reaching out to each other and organizing Virtual Villages.
One just started here in Los Gatos, California.

Here is an article by Gail Sheehy with more information on that topic, sure to be very popular now
and in the near future.

Virtual Villages

Posted by

Lisa Wiseman

Comments (3)

Evelyn Kennedy
Alain Pinel Realtors - Alameda, CA
Alameda, Real Estate, Alameda, CA

Lisa:

The Virtual Village idea is very interesting.  Baby Boomers even at age 65 are still young.  Its a state of mind.  I presume residents of Virtual Villages are able to care for themselves.  How is the market in the 95125 area?  Is it static, declining or rising?

Mar 01, 2011 05:44 PM
Lisa Wiseman
Intero Real Estate Services, San Jose, Silicon Valley - San Jose, CA

You are so right, Evelyn. 65 is the new 45!

Yes, generally they are, but the idea is to have a number of resources
that are readily available to them at any time.

Condos in Willow Glen have taken quite a beating. Single family homes are
fairing well, Not as many short sales in this neighborhood as compared to
other areas of San Jose.

How is Alameda? I know many East Bay cities have had it rough.

 

Mar 04, 2011 06:16 AM
Maureen Bray Portland OR Home Stager ~ Room Solutions Staging
Room Solutions Staging, Portland OR - Portland, OR
"Staging Consultations that Sell Portland Homes"

Lisa -- that's a very interesting concept, and one that will likely gain popularity as more boomers are made aware of it.  I agree that living in a strictly "older" community doesn't sound that appealing, and the article says that a mix of younger and older residents makes the best community.

Apr 02, 2011 07:29 PM