Seniors and Housing…

Seniors and Housing…..

For the last few years, wealth built through housing is on the rise for seniors. Wealth grew to $6.97 trillion in quarter three of 2018 for seniors 62 and older. This represents and increase from the quarter before of $97 Billion. This is a continuation of wealth building from an increase in 2017 of 1.96% nation wide. Some areas of course saw an even greater increase in property values like the Pacific Northwest. Because of this we are also seeing an increase of Reverse Mortgages.

At a time when we are possibly going to see a mild recession and stock market volatility it’s an important time for seniors to take a look at their retirement resources and also to make any necessary adjustments for their future financial security. Housing wealth should always be considered along with your other financial investments.

We have some really good financial advisors that we have aligned ourselves with. If you would like an referral for one to discuss your options for your future financial security, please let me know.

For All Your Real Estate needs in Pierce, Thurston and King County!

#Heilbrunhometam #JohnLScott #RealEstate #SeniorHousing #Options #WeCanHelpYou #Realtor #Washington

Dawn Heilbrun, Owner
The Heilbrun Home Team
John L. Scott, Orting
Www.HeilbrunHomeTeam.com
Www.orting.johnlscott.com
Dawnh@johnlscott.com
253-307-6438