Here’s Businessweek’s list of the best real estate markets for savvy retirees.
A lot of research went into evaluating these softening markets. And from a real estate investor’s point of view they are best for [tag-tec]long term investing[/tag-tec].
They were chosen mainly because prices are going down now, but their intrinsic values will bring prices back up after this cycle runs out.
In other words, you can get in now and stay in for good appreciation on your [tag-self]investment[/tag-self].
Were we a little surprised that San Diego made the list? Yes and no.
But Businessweek’s research team is definately thinking long term, which is the way I like to invest best.
Other important factors for these excellent real estate markets are their natural attractiveness and community energy.