Last week, the Wall Street Journal had an interesting article about seniors using payday lenders to make ends meet. Generally payday lenders require someone to have an incoming paycheck but with seniors they are using their social security benefits to secure the loans. “These people always get paid, rain or shine,” says William […]

To follow up on the Who Is Your Favorite Reverse Mortgage Spokesman post, I thought I’d point out that apparently the 50 and older crowd would prefer Oprah as their real estate agent over “The Donald”.  This comes from a survey conducted by ERA Real Estate as part of its annual home ownership survey […]

An article from National Real Estate Investor discusses the new niche market of senior community housing projects which are gaining popularity in certain areas across the US.  Here in Chicago you are starting to see a large number of  these communities popping up in the surrounding suburbs for people 55 and older.  The biggest […]

I never would have thought you would see a retirement home/assisted living high rise on Lake Shore Drive in Chicago, but apparently its coming soon.  Today I came across an article from the NY Times called “Retirement Homes Go High-Rise” which describes a new waive of ”high end” retirement communities that are starting to pop up in urban settings […]