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Michael R. Gannett, ABR, CRS, GRI

Broker Associate, Coldwell Banker Hickok & Boardman Realty
346 Shelburne Road,
Burlington, VT 05401

Tel : (802) 846-9508
Fax : (802) 658-7616
Tollfree : (800) 451-5004 x 1143
Cell : (802) 343-6006

Email : mgannett@aol.com

Realtor Mike Gannett, Coldwell Banker Hickok and Boardman

Folks in the 75-plus age range are finding nationwide that their numbers are outstripping housing inventory suitable for Seniors. The national Senior population grew by 8.8 percent from 1998 through 2000 while new Senior housing units grew by approximately 8.0 percent. The arrival of baby boomers in this market significantly increases the competition in all segments of this market.

Most Seniors dream of staying in their homes as they age, according to an AARP study, no matter their growing physical limitations or critical needs. For this reason many who are witnessing recent 'bear market' decreases in their financial resources are opting to tap the equity in their homes through reverse mortgages, which offer necessary income to help pay their bills. Not all folks are willing to continue to deal with home maintenance, however. Then there is the dread of enduring the stresses of severing emotional ties to their homes and the disruption it brings. The mental process of 'moving' is often found to be more exhausting than moving itself. I offer guidance and assistance in dealing with difficult housing choices.

Greater Burlington's housing resources for Senior single level living are growing glacially in the "affordable segment" of the market. For this reason I have made a study of local options: the general availability of single level ranch-style homes, and condominiums with at least one ground level bedroom and bath. In terms of availability, condos are the most popular "affordable" option for senior independent living. I will patiently guide you to identify the best choices, and I have the experience to segue a possible sale with a purchase. I will help you to answer the question: How do I manage "the move"?

I myself am a young senior at 58. I understand my own mother's needs, and appreciate that stairs will not forever remain a viable option available to you. If you are a Senior, or need help in assisting a Senior parent, please call or contact me for informed, no-pressure consultation, in your home or in Hickock & Boardman's Shelburne Road offices. You'll be glad you did.

I have put together a compendium of Resources for the Senior Community. Browse them to become better informed of the many resources you may tap, and experience first hand my penchant for getting at the "facts".

I am usually available at 846-9508. If not, leave me a message, or email me at mgannett@aol.com. I will respond as quickly as possible.


Michael R. Gannett, ABR, CRS, GRI
Broker Associate, Coldwell Banker Hickok & Boardman Realty

346 Shelburne Road, Burlington, VT 05401
Tel : (802) 846-9508 * Fax : (802) 658-7616 * Tollfree : (800) 451-5004 x 1143
Cell : (802) 343-6006 * Email : mgannett@aol.com