Pandemic Real Estate: Is It a Good Time to Sell Your Home?
Spring is typically considered the best time to sell a home. As the weather warms, interested buyers come out of hibernation, often with the goal of getting moved in before their children’s school year starts in the fall. The COVID-19 pandemic has thrown a monkey wrench in the U.S. real estate market during what would [...]
Senior Living Pricing: Snapshot of Average Cost of Senior Living
The cost of residing in a senior living community varies dramatically based on breadth of services, amenities, size of the residence, location…and sometimes the type of residency contract.
Higher Ed: Marijuana Use Increasing Among Seniors
Image credit: Business Insider While at the federal level, marijuana is still an illegal drug, recreational and medical marijuana/cannabis use has been legalized in 11 states and Washington, D.C., for people over age 21. (Another 22 states have legalized use of marijuana only for medical purposes.) While legalization has naturally led to increased [...]
Willow Valley Communities: A COVID-19 Prevention Case Study
Pictured: Townhomes at Providence Park on The Manor campus of Willow Valley Communities (photo credit: Willow Valley Communities) The COVID-19 virus has been especially lethal to older people, as exemplified by a tragic statistic revealed last week by Pennsylvania’s Department of Health. Of the state’s 700+ COVID-19 deaths, approximately 52 percent have been residents of [...]
Lessons in Resiliency from Senior Living Communities
It’s understandable if you find the news headlines frightening. Each day, the death toll of the coronavirus (COVID-19) pandemic climbs higher. And it also seems like nearly every day, there’s a new story about a nursing home hit with cases of COVID-19 among their residents and/or staff. As I’ve written about in recent weeks, nursing [...]
How Rental and Equity CCRCs Work
Over the last few years, I’ve written a number of posts describing the various types of residency contracts offered by continuing care retirement communities (CCRCs or “life plan communities”), the less understood nuances among each, as well as how to properly compare and contrast the choices. But it was recently pointed out to me that [...]