Real Estate Beth Kohoutek December 13, 2024
Retiring Soon? Discover Why Moving to Fountain Hills is Your Perfect Next Step
As you approach retirement or if you’ve already taken that step this year, it’s time to evaluate whether your current home suits your new lifestyle. For many, relocating to a retirement-friendly area can be an ideal choice, and Fountain Hills offers an excellent opportunity for second home investments or peaceful living.
Assess Your Home Equity
Before making a decision, consider how much equity you’ve gained in your home. If you’ve been in your residence for several years, there’s a good chance that you've built substantial equity that can support your next move. The longer you own your home, the more its value typically appreciates. According to the Federal Housing Finance Agency (FHFA), homeowners who’ve lived in their homes for five years see an increase in value of nearly 60%. If you've owned your home since 1991, your equity might have more than tripled!
Top 3 Reasons to Retire in Fountain Hills
Unlocking Your Retirement Dreams
Whether you want to downsize, seek a dream destination, or live nearer to family, leveraging your home equity can be a critical step toward achieving your retirement goals. In fact, the National Association of Realtors (NAR) reports that many recent sellers moved primarily to be closer to their loved ones.
As you navigate this life-changing decision, enlisting the help of a knowledgeable real estate agent can streamline the process. They can assist you in selling your current home and guide you in finding a residence that perfectly aligns with your desired lifestyle.
Connect with Fountain Hills Real Estate Today
If you’re considering a move to Fountain Hills as part of your retirement plan or as a second home investment, take the first steps toward your new adventure. With its appealing tax benefits, recreational opportunities, and vibrant community, Fountain Hills is truly a place where you can embrace your retirement years fully. Reach out to a local REMAX Sun Properties real estate expert today to explore your options.
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