Investors Target Retirement Hot Spots
OtherSome investors appear to be snatching up housing in hot spots that they believe will fuel future returns from retiree clients. RealtyTrac recently released a report showing the top cities attracting real estate investment are also cities in which at least a third of the population is aged 54 or older. “These popular retirement cities will very likely be an area of growth in the housing market over the next 15 years as Baby Boomers retire in greater numbers,” says Daren Blomquist, vice president of RealtyTrac. “The baby boomer generation […]