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The post Seniors Real Estate Specialist (SRES) Realtor appeared first on SmartReads by SmartAsset. What exactly comes after reaching the decision? For most people, there are two answers: First ...
The poverty threshold in 2023 for those aged 65 and over and living alone was an annual income of $14,614, while for a household of two adults with at least one aged 65 and over it was $18,418 ...
The Seniors Real Estate Specialist (SRES [1]) designation is awarded by the SRES Council to Realtors who have successfully completed coursework on the real estate needs of home buyers age 50+. Distinctive needs, factors, and considerations for this segment of the population include: Housing for Older Persons Act (HOPA) reverse mortgages.
Typical residents. A typical independent senior living community resident is a person 55 and older who is mentally and physically capable of living alone without skilled nursing or assistance with day-to-day activities. Some residents may need assistance with a few activities of daily living and can obtain third-party home health care services.
The percentage of African Americans living in inner cities was 56.9 percent, and the percentage of inner city Hispanics was 51.5 percent. Asian Americans living in central cities totaled 46.3 percent. According to a more recent U.S. Census Bureau study in 2002, the average white person living in a metropolitan area lives in a neighborhood that ...
The survey also found a trend it called the “Rise of the Silver Squatters” — nearly a quarter (24%) of 55-year-olds expect to need financial support from family in retirement — twice as ...
A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves. Assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. [ 1 ] Some of the characteristics typically are: the community must be ...
Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the ...