Observing the migratory patterns of baby boomers is a recurring theme in real estate research. Where this large generation winds up will affect real estate, local economies and the cost of living.
The National Association of REALTORS® recently analyzed a number of data points to find out which housing markets are most likely to get a bump from the boomer generation, and their research pinpointed 10 cities ready to benefit from an influx of boomers.
“These metro areas are attractive to baby boomers because of their housing affordability, lower tax rates and welcoming business environment,” NAR Chief Economist Lawrence Yun said.
With boomers on our brain, we selected a beautiful house in each of the 10 cities cited in the NAR study. In a nod toward affordability, all of the homes we featured are listed under $600,000—and three of the 10 are less than $300,000.
If any of these homes inspire your desire to settle down, simply click on the image to learn more. To learn more about the market in each city, just click on the city name.
1. Albuquerque, NM — 840 Las Garzas Rd SW, $500,000
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2. Boise, ID — 1509 N 18th St, $269,900
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3. Denver, CO — 1559 Ivanhoe St, $474,400
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4. Fort Myers, FL — 10836 Pond Ridge Dr, $495,000
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5. Greenville, SC — 106 Sanderling Dr, $435,000
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6. Orlando, FL — 926 Spring Island Way, $350,000
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7. Phoenix, AZ — 4302 E Cottonwood Ln, $379,000
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8. Raleigh, NC — 6009 Tarnhour Ct, $288,000
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9. Sarasota, FL — 5010 Preston Way, $220,000
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10. Tucson, AZ — 3005 E Cerrada Los Palitos, $569,500
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