Real Estate Market Hits Retirees but Doesn’t Knock them Out.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 4, 2007 -- Irvine CA Sept 4, 2007. As people approach retirement, they find themselves focusing on future residences. The bug to change homes is on the minds of folks once they hit their mid-fifties, reports Let Life In www.LetLifeIn.com. “Shall we sell the suburban home, shall we move to the city, how about living in our summer cottage year-round….”

There is bad news and good news.

First the bad news: More and more you read reports that the credit crunch has hurt home sales in many markets throughout the country as potential buyers (including boomers and seniors planning retirement) find it extremely difficult to obtain mortgage financing. The National Association of Realtors reports that the number of single-family homes that were for sale in July was the biggest since 1991.

The good news is that the numbers don’t tell the whole story, says ‘Let Life In’ www.LetLifeIn.com. “The fact is,” says Gary Geyer, chief editor of LetLifeIn.com, “American retirees tend to stay in place. Most of us don’t move.” AARP acknowledges that the majority of those age 50-plus are attached to the communities they currently live in -- less than 5 percent of those age 60 plus are inter-state migrants.

At best, they consider relocating from suburbia to a downtown apartment within walking distance of restaurants, shops, theaters. Many choose to remodel their present home with a bedroom on the first floor.

So, according to Let Life In’ (www’LetLifeIn.com), “The sky is not falling. Although there are thousands of would-be-retirees affected, it certainly isn’t everyone.”

LetLifeIn.com (www.LetLifeIn.com) has never shied away from the concerns, issues and controversies that those who are over 50 encounter. Recent articles have addressed such topics as gambling and alcoholism in retirement, assisted suicide, homophobia in retirement communities, much older men coupling with younger women and the reverse, older women dating and marrying younger men, to name but a few.

“That’s not to say that LetLifeIn.com doesn’t cover the less serious aspects of being 50plus as well. We have posted some great articles on adventure travel, 50+ celebrities, 50+ achievers, humor, brain squeezers, sex quizzes, advice, staying healthy, feeling good and a cartoon of the day,” says Geyer.

“Our name, "Let Life In" reflects a positive attitude about being 50+. “Let Life In” is not a religion –it’s an attitude. It is not about happy or sad or plus or minus. “Let Life In” is about all of it. We believe that when you truly let life in, you will experience all of it.”



Contact: Gary Geyer, Editor in Chief
Editor@LetLifeIn.com

redit crunch hurting hom