Where are Baby Boomers moving?

With many Baby Boomers planning to continue working into 'retirement', job market conditions played a role in identifying top metro areas attractive to relocating Baby Boomer buyers in a recent study by the National Association of Realtors.

NAR-baby boomer map

It's pretty obvious what part of the country is leading based on the map above from the National Association of Realtors… Florida looks ready to explode!

Other factors considered were cost of living, population trends, housing afforadability, and housing inventory… as well as state taxes, share of expenditures for public welfare, hospitals, health, police proptection, and parks and recreation.

According to the study, the top markets expected to attract an influx of Baby Boomer buyers are:

  • Albuquerque, New Mexico
  • Boise, Idaho
  • Denver, Colorado
  • Fort Myers, Florida
  • Greenville, South Carolina
  • Orlando, Florida
  • Phoenix, Arizona
  • Raleigh, North Carolina
  • Sarasota, Florida
  • Tucson, Arizona

Even though weather wasn't mentioned in the list of criteria, locations with sunnier weather were clearly the winners. It's not surprising that Minneapolis/St. Paul didn't make the list of top cities, especially at this time of year… although we do consistently rank high as a good place for seniors.

Sharlene Hensrud, RE/MAX Results –Baby Boomer Realtor

The team at HomesMSP – SharleneJohnAngela

RELATED POSTS

Written By

I love what I do! Highly insightful, analytical and creative, there is nothing I love more than helping you find the right solution for your real estate transition. My mission is to serve my clients with honesty and integrity, exceeding their expectations in service and support… and to help others by donating a portion of every transaction to Habitat for Humanity.

Related Posts

Retiring? Things to consider when planning what’s next for you

Think you are ready for retirement because your financial plan is in place? What about your life plan? Will you move? Will you downsize? Will your lifestyle change? Don’t miss...

Surrounded by too much stuff? Incorporating this morbid-sounding technique could help.

William Morris once said, “Have nothing in your home that you do not know to be useful or believe to be beautiful.” For most, that’s easier said than done.  Last...

Subscribe to Our Newsletter for Market Updates & Mid-Century Modern Listings

Our weekly HomesMSP Update includes current local market information and a curated list of mid-century modern properties for sale, plus posts from an inspector, a lender, a stager, info about neighborhoods, life in the Twin Cities… even recipes!
Hidden

Blog Categories

Archives

Sharon and John Hensrud

About Us

The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.