Flagstaff, Arizona Reverse Mortgage and Seniors Related Information and Fun Facts
Thinking about getting a reverse mortgage in Flagstaff, Arizona? You are not alone!
Many seniors enjoy the four seasons that Flagstaff has to offer. With activities ranging from snow-skiing at the nearby ski resort to a night at the symphony, Flagstaff is a hot-spot in Arizona for the active senior who enjoys the outdoors.
San Francisco Peaks in Flagstaff, Arizona
Flagstaff, Arizona is home to Northern Arizona University
At 7,000 feet, Flagstaff has four seasons
Flagstaff, Arizona Real Estate Trends
Flagstaff, Arizona Real Estate Trends @ Trulia
Flagstaff, Arizona Fun Facts
Flagstaff High School is home to many world-famous alumni -- including Justin and Tammy McHood.
In July 2006, the city's estimated population was 58,213. The population of the Flagstaff Metropolitan Statistical Area was estimated at 127,450 in 2007.
Flagstaff's early economy was based on the lumber, railroad, and ranching industries. Today, the city remains an important distribution hub for companies such as Nestlé Purina PetCare and Walgreens, and is home to Lowell Observatory and Northern Arizona University. Flagstaff has a strong tourism sector, due to its proximity to Grand Canyon National Park, Oak Creek Canyon, and historic Route 66. The city is also home to medical device manufacturing, including such companies as W. L. Gore and Associates, and Machine Solutions.
The violent crime rate, such as murder, robbery and rape, is very low in Flagstaff. However, the property crime rate, including larceny (theft) and burglary, is considerably higher than the average for Arizona cities.
Despite the town's small size, Flagstaff has an active cultural scene. The city is home to the Flagstaff Symphony Orchestra, which is popular among classical music enthusiasts. Concerts are held from September through April at Ardrey Auditorium on the NAU campus. The city also attracts folk and contemporary acoustic musicians, and offers several annual music festivals during the summer months, such as the Flagstaff Friends of Traditional Music Festival, the Flagstaff Music Festival, and Pickin' in the Pines, a three-day bluegrass and acoustic music festival held at the Pine Mountain Amphitheater at Fort Tuthill Fairgrounds.
The Arizona Cardinals of the National Football League have held their summer training camp at Northern Arizona University since the Cardinals moved to Arizona in 1988.
Flagstaff, Arizona Senior Related Links
Flagstaff Seniors Travel Itineraries
The Peaks -- A Senior Living Community
Senior Companion Program at NAU
Recent News Updates
Financial Freedom Gets New Owner
4 January 2009 | 11:11 pm
The Federal Deposit Insurance Corporation (FDIC) has announced the sale of failed S&L IndyMac to a new owner, IMB HoldCo. Included in the transaction is Financial Freedom, the huge reverse mortgage lender. The FDIC took over IndyMac on July 11th and promptly instituted one of, if not the most...
Top Reverse Mortgage News In 2008
22 December 2008 | 10:34 pm
As we come to the end of 2008 what were the outstanding achievements in the world of reverse mortgages during the past year? For the most part, reverse mortgages, FHA financing and VA loans have been the bright spots of the mortgage marketplace, forms of financing untainted by massive foreclosure le...
The Madoff Affair & Reverse Mortgages
21 December 2008 | 10:42 pm
For most people who reach retirement — or who think about reaching retirement — the world of finance involves Social Security, a house, maybe a pension and perhaps a retirement account such as an IRA. Given this background the news regarding Bernard Madoff is hard to comprehend. So far i...
Nope: Lenders Can’t Go After Heirs
17 December 2008 | 12:44 am
It’s going to happen sometime. If you have a reverse mortgage there will eventually be a “maturity event” — a fancy term which means the loan is earned, due and payable once the borrower dies, moves or sells. HUD now tells us that someone, somewhere does not understand that t...
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