Fun in the sun may still appeal to active seniors, but when it comes to buying homes in communities designed for over-55s many are now shunning the Sunbelt. Instead, they are laying down roots in mainly snowy Northern states where prices are appreciating – even as similar communities in some Southern states are seeing home prices drop and inventories rise.
“Nearly 5 years after the pandemic, we’re seeing a different trend emerge. What once was hot is, well, not. The places many retirees fled at the onset of the pandemic are now seeing retirees return in droves,” according to a new analysis by 55places.com, a resource for active adult communities.
The analysis is based on sales data from over 2,500 active adult developments across the United States that were designed as age-restricted and age-targeted communities for residents 55 and older.
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