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Arizona among 2018’s best & worst states to retire

Posted by   /  January 23, 2018  /  Economy, Real Estate  /  1 Comment

retire

ADI News Services Unfortunately, almost 30 percent of all non-retired adults have no retirement savings or pension through [sic] no fault of their own. With this in mind, the powerful personal-finance website WalletHub today released its report on 2018’s Best & Worst States to Retire. To help retirees find a safe, enjoyable and wallet-friendly place to […]

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Fewer Boomers are mortgage free

Posted by   /  October 6, 2017  /  Real Estate  /  No Comments

Though younger members of the cohort are paying home loans off faster, the group is behind its predecessors. BUILDER Paying off the mortgage, once a widespread rite of passage for homeowners approaching retirement, has become less common in recent years. Concerns are mounting that the increasing prevalence of housing debt among older homeowners could compromise […]

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Baby boomers now urban boomers

Posted by   /  May 25, 2016  /  Economy, Real Estate  /  No Comments

REALTORMag Unlike previous generations, many baby boomers aren’t planning their retirement in sunny southern locales. Instead, more are choosing to move back to metro areas they had left when they started raising a family in the suburbs. Baby boomers, those born between 1946 and 1964, are the largest and wealthiest generation to ever retire and […]

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DMB, builders look to 55 and older set for housing salvation

Posted by   /  February 2, 2015  /  Dealmaker, Real Estate  /  No Comments

active-adult-communities

By Mike Sunnucks | Phoenix Business Journal One of the only bright spots in the lackluster Arizona housing market is active adult communities, which cater to baby boomers and other retirees. Members of that age group tend to be looking for homes and able to qualify for mortgages. It’s a focus for DMB Associates as […]

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Will Victory be a win for developer seeking Boomers?

Posted by   /  January 19, 2015  /  Real Estate  /  No Comments

Victory at Verrado

By Catherine Reagor | The Arizona Republic More than 250 people lined up in Buckeye early Tuesday morning to buy a house in Victory at Verrado, metro Phoenix’s newest community for buyers 55 and older. Buyers also lined up when Del E. Webb opened the first Sun City, also in the West Valley, on Jan. […]

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 Colorado firm acquires two Arizona retirement communities

Posted by   /  January 5, 2015  /  Real Estate  /  No Comments

retirement community

By Molly Armbrister | Denver Business Journal Caddis Capital Investments LLC has acquired two properties in Arizona for a total of $10.8 million. Littleton-based Caddis Capital bought Paradise Valley Ranch, a 168-unit manufactured home community in Paradise Valley, Arizona, and Chaparral Ranch, a 100-home community in Apache Junction, Arizona. Both communities are for residents ages […]

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