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John Stewart

    CIPS: Certified International Property Specialist
    SRES®: Seniors Real Estate Specialist
    TRC: Transnational Referral Certifcation

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Archive for April 2009

National Association of Home Builder Remodelers

Thursday, April 23rd, 2009

True story; I’m an old skier.  And what does that have to do with the NAHBR?  And what does any of that have to do with deciding whether to stay in your home as you age, or sell it and move in with a group of people you hardly know?

Tens years or so ago I met a man who was also an old skier.  We’d both spent some of our youth living in the Rocky Mountains and devoting our time testing our balance while in frictionless motion sliding down steep hillsides covered in snow.  We were working together now on the renovation of a commercial building on the shores of Lake Union.  Mike was the project manager representing the general contractor.  Mike travels in a wheelchair.  I have this memory of him negotiating over a debris covered jobsite that’s probably more romance than reality.  His people knew better than to impede the progress of his chair.  His was the only chair that I saw on a jobsite in thirty five years of my experience in that industry.  He makes an impact.

Imagine my surprise today when I saw his name as a speaker at our weekly CBBain real estate forum.  I was fascinated to see the article that was written about him on the NAHBR website: Selling Universal and Green Remodels.

The forum is entitled “Designing for Life”.  You’ll see from Mike’s website at Stewardship Remodeling that he believes that home design should be for life and that if it is done correctly, it should allow us to live out our lives there.  When you understand this approach you can see that one of the paths that it leads to our interest in the impact of aging on real estate.

Is it fair to ask an elder to leave the home that they’ve grown to love?  Is there a way to recognize our own concerns for the safety of our elders and the possibilities that may exist for them staying home?

Hello World

Tuesday, April 14th, 2009

Welcome to a site for people who are connecting real estate to current changes in their lives; or trying to.

Do you know an elder who you think should make a move to a senior care facility?  They want to stay where they have lived for the last 40 years; it’s a familiar environment with a lifetime of memories.  Is it fair to intervene?

You have a life insurance policy. Can you use it to help pay for some of the costs of senior housing?

You’ve heard a little bit about reverse mortgages but they sound as complicated as one of our senior’s health care plans.  How can one ever come to understand these tools?

Have you come to a point where you think that you’d like to live in another part of the country or another part of the world?  Retirement funds are reasonably secure but this doesn’t seem like a good time to sell our primary residence.  The real estate market is so depressed; is it a good time to sell our home?  If we buy a home in another country, how do the currency exchange rates affect our investment?  How much have we really made on the investment in our home in the last 25 years?

This forum should be a powerful resource for exchanging information about one of our largest personal investments.  People are always saying that real estate used to be one of the best investments that they ever made.  That has changed in the last 18 months rather dramatically.  What is the real estate market like on Capitol Hill in Seattle Washington?  Let’s be honest; who knows where this will end up?  Let’s talk about it!

Market Recap

  • Avg. Sales Price: $618,000

  • Avg. Days on Market: 63

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