Study: Older buyers' wants not being fully addressed
The five features rated most important were: washer and dryer in the home/unit; storage space; windows that open easily; master bedroom on the first floor in a two-story home; and easily usable climate control (thermostat).
Conversely, buyers are willing to pay for services such as interior and exterior home repair, transportation, housecleaning, etc., in an attempt to move toward a maintenance-free lifestyle. However, the study revealed that builders are clearly reluctant to move too far from their primary business of construction into community services.
Tom Kelly's book "Cashing In on a Second Home in Mexico: How to Buy, Rent and Profit from Property South of the Border" was written with Mitch Creekmore, senior vice president of Houston-based Stewart International. The book is available in retail stores, on Amazon.com and on www.tomkelly.com.
What's your opinion? Leave your comments below or send a letter to the editor. To contact the writer, click the byline at the top of the story.
What's Your Home Worth?
US mortgages are the Gazinta!