Retirees Find the Time May Be Right to Buy

The euphoria is past. The era of rampant house flipping is gone. What was once a seemingly unstoppable climb in home prices has given way to a plunge in value in many areas.

Yet, there is a bit of good news: This might be the right time to find a bargain, especially for buyers approaching their retirement years who can afford to take their time. Not only are home prices down more than 25 percent in some parts of the country, there remains a glut of inventory on the market in traditional retirement destinations …

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GREAT HOMES AND DESTINATIONS | June 27, 2008
Retirees Find the Time May Be Right to Buy >>>
By SUSAN STELLIN