I recently received my Seniors Residential Estate Specialist(SRES) designation. Prior to my designation, I thought I knew a lot about Seniors. I have two sets of elderly grandparents that have equally high needs in terms of their retirement. One set lives in Florida and my Grandmother lives in Tennessee.
I have found, though, that many Seniors living in Florida are fed up with the Hurricanes and high cost of insurance. Many of the Florida Seniors are moving "Half Back" meaning they don't want the high cost of real estate in New York or the high cost of homes and insurance n Florida. Examples of areas of Seniors that are relocating from Flordia that I have worked with come from New Jersey and New York.
Two active adult retirement communities under development where I live and work as a Realtor/Broker are attracting droves of buyers. At Carolina Preserve, contracts were signed on more than 100 homes during the first 10 days of sales in May. In fact, sales are so far ahead of projections the next delivery on homes is scheduled for January 2008.
Another community with low maintence options not to be outdone is the Martha Stewart Homes by KB Homes. Twin Lakes will have 650 homes at buildout and they have a special section being built in the Fall of 2007 with 45 ranch homes.
Many Seniors are looking for options like Del Webb by Pulte Homes. These homes are "Senior Friendly" and take into consideration what Seniors are looking for.......
If only they didn't have to wait............
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