What Is a Community Development District (CDD)?

If you start looking into buying a new or second home in a master-planned community in Florida, you’re bound to encounter the term “Community Development District” (CDD) eventually. And you’re bound to wonder what that means, especially if you’re not from the state. Without getting into the legal mumbo-jumbo, a CDD is basically a highly […]

10 Tips to Maximize Your Home Sale Price

If you’ve been wondering whether it’s a good time to sell your home in a 55+ community, the answer is a resounding “Yes!” About five years ago, the ample Baby Boomer generation began retiring, driving up demand for active-adult housing and communities. But they’ve just gotten started; over the next 10 years, they’ll account for […]

Active-Adult Community Closeup: Town Centers in The Villages

Some Central Florida 55+ communities have gorgeous clubhouses that serve as the center of social life for their residents. Other larger age-restricted developments offer their own complete town center, with a selection of restaurants, shops, and services for convenience.  And then there’s The Villages.  The Villages is the largest active-adult community in Florida—and the world. […]

Be Prepared: 5 Common Unexpected Expenses in Retirement

There are some basic rules of thumb that guide people in retirement planning. For example, on average, about one-third of expenses in retirement are for housing; about 40 percent are for food, healthcare, and transportation; and the rest goes to insurance costs, clothing, and discretionary spending. However, retirement planning is largely a personal matter; everyone […]