NewRetirement Retirement News Digest : Housing
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NewRetirement Retirement News Digest

Browse the news below to learn about important developments shaping retirement.

Housing (RSS)

Fact Sheet: "The NRRI and the House"
Center for Retirement Research at Boston College, March, 2010The National Retirement Risk Index (NRRI) measures the share of American households ‘at risk’ of being unable to maintain their pre-retirement standard of living in retirement. The Index Read More
Home Values for Seniors on the Rise
Mainstreet, March 5th, 2010You might not know it, but there’s an index that tracks the average value of homes owned by Americans 65 and over — and it’s most recent reading skews upward. Here’s why Grandma and Grandpa might be smiling this week. Read More
Warning signs to look for when visiting senior homes
The Seattle Times, February 4th, 2010Washington State Long-Term Care Ombudsman Louise Ryan, an advocate for the elderly and others in long-term-care facilities, answered questions Wednesday online about caring for those in adult family homes and other Read More
HUD Announces Changes to Help Borrowers Purchase Foreclosed Properties
Reverse Mortgage Daily - January 19, 2010 The US Department of Housing and Urban Development announced it was expanding a temporary policy to help borrowers access to FHA mortgage insurance and allow for the quick resale of foreclosed properties.  Read More
Allstate CEO sees flat economy, challenges ahead
KansasCity.com - January 17, 2010When Thomas Wilson, chairman and CEO of Allstate Insurance Co., scans the economic horizon, he sees a landscape that requires adaptation: Real estate remains in the dumps, car sales are sluggish, the unemployment rate Read More
From the right source, reverse mortgages can save seniors' finances
Belleville News Democrat - January 11, 2010 It's foolish at a certain age to make New Year's resolutions. We've been there and done that, which is how we got to be our age. Besides, you don't need a resolution to be good to yourself in this new year, Read More
Housing Recovery Will Revive Retirement Plans
US News & World Report, December 16th, 2009Buy a house, pay the monthly mortgage, watch your home's value grow, and eventually sell it and fund your retirement dreams. It seemed to be the natural order of things until the bubble burst. For older Read More
U.S. home value losses stabilize in 2009
Reuters, December 18th, 2009U.S. homes lost $489 billion in value during the first 11 months of 2009, significantly less than the $3.6 trillion lost during 2008, according to analysis of recent Zillow Real Estate Market Reports. Furthermore, 48 Read More
A Retiring Life on the Beach in Nicaragua, Despite Risks
The New York Times, December 11th, 2009San Juan del Sur, Nicaragua — Today, like every day, begins with a smoothie: a blend of pineapple, melon, banana, passion fruit, papaya, yogurt, nuts and pitaya, a Central American delicacy responsible for the Read More
A Smaller, Kinder Way to Retire
Newsweek, December 7th, 2009Baby boomers who embraced communes back when they were hippies may end up back where they started: in small, cooperative group homes. This new model of elder housing is emerging as a more personal—and, often, more affordable—alternative Read More
California Laws Get Tough on Mortgage Finance
Housing Wire, October 14th, 2009California Governor Arnold Schwarzenegger signed seven mortgage finance-related bills into state law Monday. The new laws aim to crack down on fraud, set requirements for loan documents and set restrictions on mortgage Read More
Older Americans On The Go: How Often, Where, and Why?
Center for Retirement Research at Boston College, August 31st, 2009The lore on whether older Americans move is mixed.  On the one hand, the stereotype of retirement is that people flock to a warm climate such as Florida or Arizona.  On the Read More
Loans That Looked Easy Pose Threats to Recovery
The New York Times, August 26th, 2009When Harvey Clavon took out an exotic mortgage to refinance his home in Santa Clarita, Calif., three years ago, he thought he knew what he was doing.Mr. Clavon, 63, was planning to sell the home in a few years and Read More
Experiencing Life, Briefly, Inside a Nursing Home
The New York Times, August 23rd, 2009For 10 days in June, Kristen Murphy chose to live somewhere she and many others fear: a nursing home. Ms. Murphy, who is in perfect health, had to learn the best way to navigate a wheelchair around her small room, Read More
Reverse mortgages shift gears
San Jose Mercury-News, August 21st, 2009Ann Tubbs and Ehtesham Majid left behind their house in Moraga more than two years ago to enjoy the urban lifestyle of San Francisco. The retired couple ended up renting a place in the city but eventually hoped Read More
 
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