Some Buyers Snap Up Retirement Homes Early
Buying a HomeWith home values falling over the past few years, some buyers are seeing a great opportunity to buy their retirement home now instead of waiting until they retire years later. For example, in one of the largest retirement areas in the nation — Century Village in Boca Raton, Fla. — the average age of a new home buyer has dropped from the mid-70s to the low 60s in the last year. Charlie Rocque, 56, may not be ready for retirement but he already bought his retirement apartment there for $20,000 […]