US News and World Report ran an article listing their best cities for retirees to find work. As retirement plans have been altered with the economic challenges Americans faced in 2008 and in 2009, may retirees are considering or needing to find work to supplement retirement income and make up for losses in their retirement [...]
Sex in a golf cart? Viagra black market? Most retirement communities are looking for publicity but this article in the New York Post is enough to make you blush, maybe even cringe. The Villages in Florida, one of the largest retirement areas in the United States has 34 golf courses, nine country clubs, two downtown [...]
WinnCompanies, a Boston-Based developer of senior housing and affordable housing, recently announced completion of solar power installations at seven locations in the New England area. The installations are on on two projects in the region, one of which is a 75 unit senior housing facility in New Bedford that has a mixture of one and [...]
Consumer Watchdog recently warned that the move by SEIU International to take over nursing home worker unions in California will lead to degradation of the quality of patient care, as the agreements negotiated by SEIU tend to put the interest of nursing home owners over patients. According to Consumer Watchdog, the current agreements in nursing [...]
Last week the National Association of Home Builders (NAHB) released a new segment of its Housing Market Index (HMI) that tracks the confidence levels of builders that serve buyers of homes that are 55 years or older. The HMI has been used for over 20 years to gauge builder perceptions in the single-family home market [...]
The Atlantic Seniors Housing Research Alliance recently announced its Affordable Seniors’ Housing Ideas Design Competition in conjunction with its ASHRA Seniors Housing Needs Conference scheduled for May 2009 in Halifax, Nova Scotia. The competition is designed to study the housing needs of aging Atlantic Canadians over the next 20 years and what kinds of housing [...]
Last week, Senior Resource Group was awarded a management contract to operate 41 value-oriented senior living communities in 11 states formerly operated by Sunwest Management, under the name LaVida Communities. Senior Resource Group will manage the portfolio of facilities and is committed to providing residents of LaVida Communities with comfortable, secure and service-enriched living environments [...]
Last fall, all reverse mortgage lenders suspended their production of proprietary reverse mortgage products indefinitely citing secondary market restrictions and funding capacity constraints. It now seems that these challenges are starting to hit the FHA HECM reverse mortgage market. According to Reverse Mortgage Daily, one of the major wholesale reverse mortgage lenders is facing new [...]
Home sales jumped 6.5% in December, the biggest monthly increase in nearly seven years, as falling prices drew out more buyers according to information released by the National Association of Realtors on Monday. The NAR report for December showed that sales are strongest where home prices have been pummeled in markets such as California, Florida, [...]
