Baby Boomers See Tucson AZ A Top Retirement Destination
Tucson Is A Bright Spot In Retirement Locations For Baby Boomers
Why Baby Boomers Find Tucson AZ Attractive
Tucson presently has over 20 active adult communities for those over 45 years old. These adult community choices along with new upscale communities under development are a big reason boomers are finding Tucson AZ to be a top retirement destination. This is confirmed by the experience of national home builders PulteGroup (Del Webb), Toll Bros and Lennar. These builders along with Robson builders, a regional developer, are seeing a gain of momentum in the higher end home buyers and “boomers” buying.
Sales data from the Tucson Association of Realtors MLS suggested adult communities for the 45 and over age group accounted for almost 13% of the sales of Tucson homes in 2013. That was a 30% increase from 2012.
The Baby Boomers Are A Growing Segment Of The Population
This increase is due, in part, to the increasing number of people in the United States that are becoming part of the baby boomer population. A recent report released jointly by Harvard’s Joint Center for Housing Studies and the AARP foundation projects the number of people in the U.S. Age 50 and over will grow to 133 million by 2030.
A major segment of that group includes baby boomers that will be leaving the work force and looking for a place to retire or have a seasonal home. For many, Tucson is the destination at the top of their list. A few reasons why include: great weather, endless outdoor activities, sports and proximity to many other notable destinations.
Tucson Real Estate Market
The number of homes on the market in Tucson as been increasing throughout 2014. As of October 2014, TARMLS listing were over 5,600. Increased home inventory means all Tucson home buyers have more choices.
For the baby boomers with the means to buy in the $500,000 to $1 million price range, there is a great selection. While sales in this range have been improving, there is a substantial supply of homes to select from.
Tucson is a great place to live and offers an incredible range of lifestyle choices. Active adult communities, upscale golf communities such as Stone Canyon and the Gallery, modern luxury homes and much more.
If you are considering Tucson AZ as a place to live or a winter retreat, we can help. Also, when selecting a Realtor to represent you, consider one that is SRES certified. That designation means the agent has received training and understands the home buying considerations of the retiree. Kim is SRES certified and ready to assist you. If you want more on what makes Kim and me unique as Realtors, read our profile.
Questions about the Tucson Real Estate Market or Tucson Homes for Sale?
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