The Eric Stewart Group Blog

Trusted resource for local and national real estate news and trending topics, and everything you need to know about the buying and selling process.

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Money | Retirement | Downsizing

Reverse Mortgages: Make Sure You Don't Become A Prisoner In Your Own Home

By: Eric Stewart
November 17th, 2015

Over the past decade, reverse mortgages have been aggressively pitched in TV ads as an easy way for seniors to cash in their home equity to pay for living expenses. In reality, reverse mortgages can be a good option for seniors in certain economic situations, providing greater financial security and allowing them to age in place. In other circumstances, it could potentially create financial distress and keep seniors trapped in a home that no longer suits their physical needs.

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Sell | Downsizing

Who Is Your Secret Weapon When It Comes To Downsizing?

By: Eric Stewart
November 10th, 2015

Are you considering downsizing, but the thought of sorting through decades worth of possessions and packing up your home stops you dead in your tracks? To help you get the process jumpstarted, you may want to seek out a secret weapon.

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INSIDER TIPS | Retirement | Downsizing

Learn About The Joys Of Downsizing and Retirement Living Via Our "Senior Moments" Series

By: Eric Stewart
October 22nd, 2015

Are you a senior, or an adult child of a senior, who has procrastinated on downsizing because it just seems too overwhelming or intimidating? You have accumulated a lifetime of memories and personal possessions that you don’t want to lose. Yet, it has become harder to maintain your current home and the neighborhood has undergone a generational turnover, with older friends and neighbors selling their homes to younger families. To give you the spark and motivation to downsize, or as we like to say, open the door to a new season of life, check out our new “Senior Moments” series as aired on The Eric Stewart Show. 

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Maryland | Virginia | Downsizing

Visit the Eric Stewart Group At The Beacon 50+ Expos

By: Eric Stewart
October 15th, 2015

Meet the Realtors® from the Eric Stewart Group of Long & Foster at the upcoming Beacon 50+ Expos, taking placing in Silver Spring, MD on Sunday, October 18 at the Silver Spring Civic Center and on Sunday, October 25 in Arlington at the Ballston Mall. Both events will be held from 12pm – 4pm.

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Retirement | Downsizing

How Will Retirement Communities Follow In The Footsteps of Coca-Cola?

By: Eric Stewart
October 13th, 2015

Andrew Carle is an award winning professor and Executive-in-Residence and Founding Director of the Program in Senior Housing Administration at George Mason University in Fairfax, Virginia. On a recent segment of Eric’s radio show, Andrew provides insight on the future of retirement communities, and how they will follow in the diversification footsteps of American icon, Coca-Cola.

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Selling | Retirement | Downsizing

Downsizing Can Help You Save Money For Retirement If Done Right

By: Eric Stewart
September 9th, 2015

The article, How Downsizing Can Save Your Retirement, in the September issue of Money magazine, covers the top four reasons why retirees downsize and four questions to address to avoid financial mishap when moving from one residence to another.

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Selling | Retirement | Downsizing

How To Decide Whether To Downsize Or Age In Place

By: Eric Stewart
August 25th, 2015

In a previous blog I discussed rightsizing and a process for evaluating your overall well-being to determine your preferable future. Once you have decided what you want your future to be, the question becomes do you age in place or find a new home to help you achieve those goals? Consider these five factors to help you decide.

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Selling | Retirement | Downsizing

How To Help Your Elderly Parents Downsize

By: Eric Stewart
June 16th, 2015

As we get older, downsizing to a smaller residence is typically inevitable. However, downsizing can be particularly intimidating for seniors who may find it overwhelming to think about letting go of cherished memories and items they’ve accumulated over a lifetime.

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