Croasdaile Farms Expansion: What It Means For 55+ Homebuyers
Posted by Larry Tollen on
Demand for homes in active adult 55+ communities is on the rise. Behind this are the baby boomers, who account for about a quarter of the U.S. population. Born between 1946 and 1964, baby boomers started hitting retirement age a few years ago, and in the next decade, they'll drive up the number of retiree households by about 10 million.
If you're retiring soon in North Carolina, you may be wondering how to navigate the crazy, retirement home real estate market. According to seniorguidance.org, the U.S. average cost for assisted living is just over $3,600 per month, and Durham Area, NC's assisted living is lower than the national average, at approximately $2,800 monthly.
The History of Croasdaile Farms
Living in Durham offers a little of…
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