Retirement Cities1Investors are looking at areas across the country with anticipation for appreciation as more and more people transition to retirement. Many who retire want to live in warmer climates, reduce their monthly expenditures and will target those areas  where housing is less expensive than most of the homes in Contra Costa County and/or California. Here is a list of the latest Cities in America that are catching the attention of investors according to an article published today by RealtyTrac. The expectation is these areas will see growth over the next 15 years.

 

 

  • Dunnellon, Florida
    • Retirement age percentage: 38%
    • Median sales price: $76,941
    • Annual percent change in price: 31.42%
  • Naples, Fla.
    • Retirement age percentage: 44%
    • Median sales price: $267,473
    • Annual percent change in price: 26.79%
  • Hot Springs Village, Ark.
    • Retirement age percentage: 58%
    • Median sales price: $170,000
    • Annual percent change in price: 25.93%
  • Douglassville, Pa.
    • Retirement age percentage: 59%
    • Median sales price: $252,000
    • Annual percent change in price: 22.33%
  • Sun City, Ariz.
    • Retirement age percentage: 73%
    • Median sales price: $113,275
    • Annual percent change in price: 19.90%
  • North Fort Myers, Fla.
    • Retirement age percentage: 46%
    • Median sales price: $84,500
    • Annual percent change in price: 19.01%
  • Rancho Mirage, Calif.
    • Retirement age percentage: 46%
    • Median sales price: $430,000
    • Annual percent change in price: 16.77%
  • Punta Gorda, Fla.
    • Retirement age percentage: 45%
    • Median sales price: $138,938
    • Annual percent change in price: 16.71%

Source:NAR Realtor.Mag

 

About Linda Urbick Linda

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