More and more, the term “Senior Community” seems like a complete misnomer. As people are living more active lifestyles further into their senior years, the senior communities that have traditionally attracted residents that are 55 and over are finding many of their residents being more in the 75 and over range.

There is also an apparent difference between the communities on each coast. Communities back east seem more vibrant and more embracing of younger, more active seniors. Many of the communities in the west – southern California especially – trend towards the opposite.

One of my jobs as the Baby Boomers’ Broker is to match my clients with exactly what they’re looking for. So while the California trend may be for the older communities, I try to stay in the loop with the communities which are more active as well. These communities are wonderful places for couples or individuals – empty-nesters or early retirees – who have downsized their homes and want to be close to others in a similar age range and with common interests.

Many of these communities can be found in Southern Orange County or Northern San Diego, as well as Oceanside and Laguna – all wonderful places to spend our Golden Years!

With prices in many areas at low ebb, it might make good financial sense for Baby Boomers to buy their retirement homes now, even if they’re still years away from actually moving. They can find renters who will pay the bills until they’re ready to live there.

Here is some advice for people who are considering this strategy:

1. Shop carefully.

2. Study up on housing trends in the area.

3. Don’t forget maintenance. Consider who will take care of the house in the owner absence.

4. Consider financing.

Follow

Get every new post delivered to your Inbox.