The 2000 Census estimates 78+ million baby boomers. They are categorized as those born in the US between 1946 and 1964 (ages 60 -69)
They are the richest age group both in real estate held and savings and investment accounts.
Typical Baby Boomers Real Estate Cycle:
- Start out with a modest 1st home to raise a family.
- As the kids grow older and begin to move out they upgrade to a new and or larger house.
- As retirement nears they relocate or move into a smaller home.
A broadly improving economy and rebounding home prices are giving baby boomers the opportunity to sell and move to support their retirement lifestyle.
SW Florida offers an area with a lower cost of living and sunnier weather.
One of the best options for covering retirement expenses is real estate in SW FloridaHousing affordability along with lower tax rates and no state income tax. We see an increased number of baby boomers moving in and buying homes and second/vacation homes as some delay retirement and remain participants in the labor market according to new reseach.
One of the best options for covering retirement expenses is real estate in SW Florida.
Real Estate in Cape Coral/Fort Myers will work for you! So will I !
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