Many people are recognizing that now is a good time to buy a retirement home. Even thought the inventory of homes for sale in the Greater Phoenix area is about half of what it was a year ago, many condos and town homes are still available for less than $100,000. With the decrease in inventory and the many properties that are receiving multiple offers, many experts are saying that they think this is the bottom of the market. Interest rates are still at historical lows – so this is a great time to buy.
Here is a link to an article with more information about buying a retirement home.