A golden window for retirees who wish to downsize
A golden window for retirees who wish to downsize
Downsizing can allow near-retirees to beef up their retirement nest egg late in the game. And now could be the time to get a jump on higher mortgage rates ahead, writes financial journalist Kira Brecht, which the National Association of Realtors® forecasts in 2017.
Near-retirees ready to downsize may not need to wait for the start of the spring selling season either, since winter can be an opportune time to put one’s house on the market, says John Lazenby, president of the Orlando Regional Realtor Association. Home sellers may benefit from less competition and experience fewer tire kickers during this time of year.
Before selling a home, move-down buyers should explore the market and have a new residence lined up.
“The challenge for buyers in 2017 will lie in continued limited inventory, especially within the lower-price categories,” says Lazenby. “Empty nesters or retirees should expect their large family home to sell quickly, then face fierce competition in securing a less expensive replacement.”
Source: Florida Realtors
-
New$759,000
Cape Coral
Courtesy of Premiere Plus Realty Company
4 BEDS3 BATHS2098 SQFTShare this Property -
New$285,000
Cape Coral
Courtesy of RE/MAX Realty Team
2 BEDS2 BATHS1190 SQFTShare this Property -
New$725,000
Fairwinds
Courtesy of Premier Sotheby's Int'l Realty
4 BEDS3 BATHS2641 SQFTShare this Property -
New$449,000
Beach And Tennis Club
Courtesy of Maxim LLC
1 BEDS1 BATHS508 SQFTShare this Property -
New$284,900
Casa Di Fiori
Courtesy of William Raveis Real Estate
3 BEDS2 BATHS1273 SQFTShare this Property -
New$419,000
Cape Coral
Courtesy of Sarah Klotzbach Gulf Coast Real Estate
3 BEDS2 BATHS1205 SQFTShare this Property -
New$600,000
Cape Coral
Courtesy of RE/MAX Trend
4 BEDS3 BATHS1983 SQFTShare this Property -
New$700,000
Bn12 - East Of I-75 South Of Cit
Courtesy of DomainRealty.com LLC
4 BEDS3 BATHS2032 SQFTShare this Property -
New$1,100,000
Cape Coral
Courtesy of RE/MAX Nautical Realty
3 BEDS4 BATHS2936 SQFTShare this Property -
New$735,000
Paloma
Courtesy of Douglas Elliman Florida,LLC
3 BEDS3 BATHS2611 SQFTShare this Property -
New$440,000
Cape Coral
Courtesy of MVP Realty Associates LLC
3 BEDS3 BATHS1931 SQFTShare this Property -
New$599,500
Bn06 - North Bonita East Of Us41
Courtesy of DomainRealty.com LLC
4 BEDS3 BATHS2075 SQFTShare this Property