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The Homes Baby Boomers Will Retire In…

April 18, 2022 by Personal Realty Advisers 1 Comment

Baby boomers retirement real estate

Baby Boomers (born between 1946 and 1964), whether they are still working or are fully retired, are at the forefront of what’s been called the longevity economy, living longer, healthier lives than their parents. This physical shift also comes with a cultural shift in attitudes, especially about their retirement home. For the Silent Generation (also known as the Greatest Generation or the World Continue Reading

What To Do When You Inherit a Home

April 11, 2022 by Personal Realty Advisers Leave a Comment

Home Inheritance

Caveat: This article is not about the legal process for finalizing an inheritance. The details to cover that topic are extensive and readily available online. As a convenience, we have outlined some of the basic steps and guidelines at the end of this article. Rest assured, at some point in the inheritance process, you will need to work with an attorney who should cover all the details of what Continue Reading

Real Estate Sales Agent, Realtor, Broker*…Whom Should I Work With? And Why?

April 4, 2022 by Personal Realty Advisers Leave a Comment

Real Estate Professional

*Terminology is defined at the end of this article. We have to admit – we are a little biased about this topic. One of our tag lines, after all, is Work Directly With The Broker, meaning every person who works with our brokerage WILL work directly with Robert Coscia, our Owner and Broker. This makes a significant difference for several reasons explained here. In this article, we will share Continue Reading

Ways to Minimize Real Estate Capital Gains Taxes

March 28, 2022 by Personal Realty Advisers Leave a Comment

Ways to Minimize Real Estate Capital Gains Taxes

In the last 20 years, there has not been a more attractive market for selling your real estate investments than now. Whether it’s time to downsize, time to sell your vacation real estate, time to relocate for work, time to buy your retirement dream home, or time to move to another state to be near family, home sellers are seeing some of the best sales offers in decades—often for cash and often Continue Reading

The Pros and Cons of Buying a Vacation Home

March 21, 2022 by Personal Realty Advisers Leave a Comment

Florida vacation home

Thinking about buying a Florida vacation home? You’re not alone. Florida’s 1,350 miles of coastal beauty and seemingly endless sunshine draw millions to our shores each year. Add to that, the Tampa Bay Area is ranked sixth by Travel & Leisure Magazine out of the seven best places to buy a vacation home in Florida, and the idea of a Tampa Bay or Gulf coast vacation home becomes even more Continue Reading

Aging in Place

March 14, 2022 by Personal Realty Advisers Leave a Comment

multigenerational real estate

This article series examines changes in households when our parents age and need additional support. This could mean changes to your parents’ existing home or the purchase of a new home that will better meet their needs (covered in our Caring for Parents at Home article). It also could involve relocating parents to move into your home or otherwise blending your households in some way, which is the Continue Reading

Caring for Parents at Home

March 7, 2022 by Personal Realty Advisers Leave a Comment

aging in place real estate

“Aging in place” is a Top Priority for Aging Adults: Here’s How to Plan for This in Real Estate We are an aging population and the projected numbers are worth noting. The number of people over age 65 in the U.S. is projected to DOUBLE over the next 40 years. Some of those people will include our parents, other family, and ourselves, and it’s inevitable they will need some level of Continue Reading

Benefits of Putting Your Real Estate in a Trust

February 21, 2022 by Personal Realty Advisers Leave a Comment

real estate planning

What will happen to your home when you die? Will it get passed on seamlessly to your heirs? Or will the government and creditors get some or all of it? What if you become incapacitated later in life and cannot take care of your home? What will happen? Those are touchy questions to ask, but the first set of questions is inevitable, and the second is possible. If we care what happens to our Continue Reading

Helping Your Adult Children Buy Their First Home: What You Should Know

February 15, 2022 by Personal Realty Advisers Leave a Comment

Helping kids buy a house

If you’re thinking about helping your son or daughter purchase their first home, you are not alone. Many parents, just like you, help their kids make the jump from living at home to owning one. According to the National Association of REALTORS®, 23 percent, or nearly one in four, of those 37 years old or younger used a gift from their parents to buy their first home, and 6 percent relied on a loan Continue Reading

Should I Buy or Should I Build? Pros & Cons

February 7, 2022 by Personal Realty Advisers Leave a Comment

Build or Buy Real Estate

You want a new home…or at least one that's new to you. Should you buy or build? Both have their pluses and minuses. How do you decide which avenue to take? That depends on the time frame you have to make a move, where you want to live, and how much personal customization you want in your new (or new-to-you) home. According to the U.S. Census Bureau, the median price for an existing home in the Continue Reading

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