August 13th 2009
Tags: 55+, Active Lifestyle, Active Living Denver Communities, Affordable Denver Real Estate Bargains, Affordable Denver Retirement Homes, Affordable Las Vegas Retirement Communities, Best Places to Retire, Denver Retirement, Dream Retirement Homes, Las Vegas Active Living Communities, Las Vegas Retirement, Las Vegas Retirement Condos, New Denver Retirement Communities, Retirement Bargains, Retirement Property Bargains, Retiring in Denver Colorado, Retiring in Las Vegas Nevada, Top Las Vegas Retirement Real Estate Bargains, Top US Retirement Cities, Top US Retirement Communities, US Real Estate Bargain Cities for Dream Retirement Homes, US Retirement Real Estate Bargains, Uncategorized, Why Retire to Denver, Why Retire to Las Vegas
Dream Retirement Home Hot Spots – Where You Should Consider Buying The Best Retirement Homes at Basement Bargain Pricing (Part 2)
The next top 2 real estate bargains in the US are a tale of two cities. The first of the best cities to buy your dream retirement home in the United States is Denver Colorado, a city that experienced a tech bust in 2000 and never fully recovered so it never really experienced the sub prime mortgage crisis or global economic crisis. The second of the best cities to buy your dream retirement home at liquidated real estate bargains is Las Vegas Nevada that saw one of the biggest drops in property prices in the US in the past two years. One city has seen a stable yet slow growth in property prices, but presents the best of the outdoors and recreational activities with four season weather while the other city presents the glamour and excitement of a world class city poised to become one of the best places to retire. So which is the ideal place for you to retire? Do you think the best cities to buy your dream retirement home is a single family estate lot close the mountain and water? Or do you think the top real estate bargain cities for your dream retirement home is in the hustle and bustle of the amenities, shows, dining and world class shopping of Sin City? Whichever is your choice, both Denver and Las Vegas have made it onto the top 6 real estate bargain cities to purchase your dream retirement home in the United States, and this is why:
The #2 Best Real Estate Bargains for Retirement Homes is Denver Colorado
The Denver real estate market is very different from other communities in the United States. The sub prime problems and economic crisis hasn’t hit Denver Colorado real estate market as badly as most other cities, and therefore, Denver is one of the top cities to purchase your dream retirement home. Instead of the sub prime mortgage crisis issues that lead to the demise of many metropolis real estate markets plummeting in value, the Denver property market saw a huge decline during the early 2000s when the high tech bubble burst along with information services industry that collapsed. Since that time, the Denver market really never recovered, and while the rest of the big cities were increasing at 20% in value every year, Denver sat at a 4% increase with inflation. Because of this, property prices in Denver Colorado have remained very consistent and very affordable when compared to other top retirement cities in the United States. When compared to other western cities that are top retirement cities and considered real estate bargains for your dream retirement homes such as San Diego and Las Vegas, Denver makes it onto our list because the property prices are much more stable, and are on average 10 to 25% less for similar housing, making it very attractive for retirees. Denver is one of the best real estate bargain cities for retirement housing in the US, and property values only went down by five per cent during the height of the sub prime mortgage problems and global financial crisis. Buying your dream retirement home in Denver should be a good option for you if you love the outdoors. Built upon a high point in the mountains, Denver Colorado is home to some of the most amazing hiking trails, mountain resorts, horseback riding and other outdoor recreation options that make Denver a perfect retirement destination for many retirees. If sun and beach are not your thing, Denver represents the best retirement destination for you and provides great real estate bargains for your dream retirement home too. Although downtown condos in Denver have not been liquidated as much as their counterparts in other US major cities, there are huge retirement destination communities being built around the city. Some of the best places to find your retirement home in Denver Colorado that represent true real estate bargains are around Anthem Ranch, Heritage Todd Creek and Heritage Eagle Bend retirement communities. There is a lot of interest in all three of these Denver retirement homes right now, as they represent some of the best real estate bargain prices for retirees looking for outdoor adventure, healthy living and laid back lifestyles. One of the key things to remember is that there was no overbuilding of Denver real estate housing during the boom of 2001 to 2005, so there is a shortage and limited supply of listings, even now. Therefore, when the economy starts to pick up again, expect this top 6 best real estate bargain cities for dream retirement homes to skyrocket. Now is the time to consider Denver as a retirement destination.
#3 is Las Vegas Nevada for the Best Cities to Buy Your Dream Retirement Home
A much different story has unfolded in the desert of Nevada in Sin City, also known as Las Vegas. With the biggest gains in Las Vegas real estate seen in its history over the course of a decade, the biggest fallout from the sub prime mortgage crisis and the global financial crisis has been seen here, in the city that never sleeps. One of the hardest hit, the Las Vegas real estate market lost some 40 to 50% during the collapse of the property market, making Las Vegas one of the best cities to buy your dream retirement home in the US. With many investors and flippers out of the market now, and with home foreclosures higher than ever, and the second highest in the United States, there are great Las Vegas real estate bargains for retirees to snatch up. During the boom years in Las Vegas, retirement homes and destinations were the last thing that retirees thought of when it came to Sin City. Priced out of the market, many retired couples turned to such places like San Diego and Phoenix. Some of the boom years saw an increase in property values of fifty to even sixty per cent, clearly unsustainable, even for a city increasing in population like Las Vegas. Therefore, the declines have been significant as well, making the liquidated price points for retirement homes in Las Vegas much more affordable and attractive to retirees now looking for a place to retire. Las Vegas is a destination retirement city which means that it has the perfect blend of great weather, climate, proximity to pleasure, entertainment, shopping, dining, amenities and a great mix of beautiful retirement homes and luxury condos. In addition, retirees looking at the best 6 real estate bargain cities for retirement homes should note that Las Vegas is in Nevada which has no state income tax, making home buying even more affordable. With so many unsold condos and flippers getting rid of inventory through liquidations and bargain basement pricing, the downtown Las Vegas Strip retirement opportunities are endless, but you also come across a lot of competitive, auctions and multiple bids for units and suites that may be too small for your liking. Therefore, if you are serious about retiring to Las Vegas and buying your dream home in the best real estate bargain cities in the US, please check out the newer homes in the outlying areas of Providence and even Summerlin where you will find complete home warranty packages, never lived in homes and much more. If condominiums are really what you’re looking for, retirees can pick up many of the upcoming condo completion units where many investors will be looking to get out as soon as possible. Because of the sudden and wide spread drop in property prices, Las Vegas makes it onto the list of the best real estate bargains for retirement homes in the United States.
Are you curious about why Tampa and Miami Florida make it onto the top 6 list for best retirement home bargains in the US? Read the next article that explains why these are two cities you should consider for your retirement.