It's funny how the universe works. Just days after discussing neighborhoods designed for the elderly, this morning, I stumbled upon this article at MarketWatch.com. In brief, it outlines how retirees are re-thinking the cliched idea of a golf-course retirement in sunny Florida and how, "today 'cost of living' is the most important consideration on where to locate."
Also mentioned is a related article discussing the downsizing of the size of the average new home for the first time in 27 years, a topic I've covered before, too.
Regardless of your thinking about the housing market, it appears retirees are making a shift in their priorities. We'll see what kind of sea change this brings to the housing industry as a whole.
dotloop.com
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