Life Is Short, So Don’t Wait For Retirement to Enjoy the Lake

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By Cindy O’Gorman
Guest Contributor

Cindy O’Gorman of Ebby Halliday shares reasons why downsizing to resort-living places like White Bluff Resort at Lake Whitney could be a perfect fit. 

It’s time to trade unused square footage for quality of life. The real estate market is primed for prudent investors who realize sometimes less truly is more. Americans are house rich, but not many have liquidated their investment yet, even though it’s the ideal time to sell high in favorite popular neighborhoods and buy low in exciting new up-and-coming geographic areas.

Currently, we’re seeing a major shift in demographics, where more empty nesters are seeking relief from the financial and emotional burden of maintaining their large family homes. Upkeep and maintenance for sizeable city properties can quickly become costly while siphoning time away from enjoying a rewarding quality of life. If you find yourself in a home with more unoccupied rooms than residents, it’s time to consider selling your largest asset. Consider downsizing your family home to a less costly and more gratifying property.

The housing market in Dallas-Fort Worth is characterized by dropping supply and increasing demand for housing, with inventories of home sales approaching an all-time low. But even with ideal market conditions, few homeowners are listing their homes for sale. Factors including rate lock and trade war negotiations decrease consumer confidence, which makes homeowners less likely to make any major lifestyle changes. But instead of staying stagnate, it’s time to make a smart move.

Embrace a winning strategy. Sell your largest asset at current record-high values to maximize return on investment and free up cash flow by moving to another close by geographic area where the cost of living, property taxes and home prices are more affordable. According to Zillow’s Dallas Home Prices & Values report, “Dallas home values have gone up 8.1 percent over the past year and Zillow predicts they will rise 4.5 percent within the next year.” The market is primed for prudent investors to sell high and buy low in up-and-coming regions.

A higher quality of life doesn’t need to come with a higher home price tag if you know where to buy. A favorite hidden gem of ours at The O’Gorman Group is White Bluff Resort, a beautiful community on Lake Whitney that’s only 90 minutes away from Dallas-Fort Worth. Remote and flexible work hours make it possible for professionals to live farther away from the office without sacrificing leisure.

With two top-tier golf courses, fishing, boating, hunting, hiking, horseback riding, biking, guest lodging, and restaurants, White Bluff Resort at Lake Whitney offers a relaxed, easygoing lifestyle, perfectly suited for vacation homes or everyday living. Exchange fast-paced city verve for laid-back living in a beautiful, natural setting. Life is short, so don’t wait for retirement to enjoy the lake.

Affordable prices in an area that’s still being developed make owning your dream property possible now. Luxury does not necessarily translate directly to having more space. Right-size your investment in your home and use the equity to invest in living a healthier and happier life.

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Candy Evans

Candy Evans is one of the nation’s leading real estate reporters, bloggers and consultants. She reports on Dallas real estate for WFAA-TV’s Daybreak with Ron Corning, and is frequently called as a real estate expert by other Dallas media. She is also a real-estate editor for CultureMap Dallas, Modern Luxury Dallas, the Katy Trail Weekly and the White Rock Weekly. She even has her own web-based Real Estate show called, The Party Line. Candy has written for AOL Real Estate, and is a guest blogger for Joel Kotkin’s The New Geography, Inman Real Estate News plus a host of national sites. Candy was a longtime contributing editor to Dallas’ D Magazine and sister pubs, and in 2007 founded the wildly successful Dallas real estate blog, DallasDirt. That’s where she broke the news on where former president George W. Bush bought his Dallas home in 2008. She is the founder and publisher of an exciting platform of Dallas-based real estate sites including SecondShelters.com, devoted to the vacation home market, and her signature CandysDirt.com, everything you need to know about real estate in North Texas. And yes, we are still psyched about the GOLD! In 2013, CandysDirt.com was named Best Blog by the venerable National Association of Real Estate Editors, one of the nation’s oldest and most prestigious journalism associations, and the only association for journalists covering real estate, home and urban design. We snatched silver in 2015, and who knows what 2016 brings...

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