Archive for April 2010

Colorado and New Mexico Top Places To Retire List

Colorado and New Mexico are AARP’s latest top unique locations for retirees. Baby Boomers are searching for retirement locations that aren’t based on available beach real estate. Tax incentives, health care options, weather and property values are the new beach front property.

Outside of financial or medical needs, baby boomers have separate criteria to search for their perfect retirement home. Based on their lifestyle, new retirees also focus on living simply, living environmentally friendly or living with a skyscraper next door.

Top 4 Places For Baby Boomers to Retire

Portland, Oregon is number 5 on AARP’s America’s Top Places for Boomer’s to Retire list. The bohemian feel of the small city attracts a European charm for lounging and relaxing. The city’s Pearl District brings shopping to diverse and eclectic levels meant for the unique individuals encompassing the city.

Rehoboth Beach, Delaware, a state once dogged by Wayne’s World in the nineties for being incredibly boring is number 3 on the list of top retirement destinations for baby boomers. The location, only 3 hours from Philadelphia and D.C., nestles majestically within America’s vibrant East Coast and is looking to have a 75 percent increase of retirees over the next 25 years.

Las Cruces, New Mexico is the surprising number two pick of AARP’s boomer’s list for top places to retire. The relatively mild climate and breathtaking landscape set in the Organ mountains inspires relaxation and affordable living.

Loveland, Colorado is numero uno on America’s Top Places for Boomer’s to Retire. The “sweetheart city” is 45 minutes from bustling Denver. Vast Colorado skies in view of the colossal Rocky Mountains make this city a winner for retirees looking for a small town feel with big opportunities.

Written by Amy Munday

Submitted by Amy Munday on Fri, 2010-04-09 13:58

Credit Issues Slowing Recovery

Daily Real Estate News | April 6, 2010 | Share
Credit Issues Slowing Recovery, Execs Say
A survey of 200 real estate executives by Akerman & Co, a national commercial real estate company, reveals they believe credit issues and the volume of distressed properties continue to inhibit the recovery of the real estate market. The report found that:

79 percent of respondents said availability of credit and other financing challenges was the most pressing issue facing the industry.
65 percent believe that large inventories of lender-owned properties are preventing a recovery in the commercial real estate industry.
44 percent said inventories of distressed properties and their effect on pricing was the second most pressing issue.
54 percent believe residential is the real estate sector best positioned for a recovery.
20 percent said the industrial sector is best positioned.

Source: Akerman Senterfitt (04/05/2010)

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