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Valencia Lakes in Tampa offers an incredible Florida resort lifestyle and great new home value. Valencia Lakes' waterfront recreatio...

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Traditions of America is excited to bring the 55+ Live Better lifestyle to the South Hills of Pittsburgh! Traditions of America at Southp...

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Few towns in the Southeast offer more gracious charm than Aiken, South Carolina.  Take a relaxing stroll through Aiken's tree-lined ...

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A Stress-Free Decision for Better Living. Traditions of America at Silver Spring is located in the  #2 "least stressful place to liv...

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Discover the distinct difference in active living, nestled within the scenic beauty of historic DeLand, Florida at Cresswind at Victoria ...

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New Blog Article

 

December 12, 2019 – Two different companies, The National Association of Realtors®  (NAR), and Realtor.com, have each identified markets expected to outperform in the coming years. The lists are quite different, with Realtor.com’s concentrating more on smaller markets.

Both sources believe that affordability and strong local economies are key to markets with strong prospects for the future. Note that very few of these cities are on the coasts, although the overwhelming majority are in warm weather climes.

In alphabetical order, here are the top 10 the NAR expects to outperform over the next three to five years.:

However, don’t stop with just the NAR report. Realtor.com jumped into the topic with its own list. Here are the “hottest” real estate markets they predict for 2020, along with median home prices. Note: many of these are smaller markets. The only overlap we see in the top 10 are Charleston and Colorado Springs.

1Boise, Idaho$295,000
2McAllen-Edinburg-Mission, Texas$152,000
3Tucson, Ariz.$230,000
4Chattanooga, Tenn.$189,000
5Columbia, S.C.$178,000
6Rochester, N.Y.$149,000
7Colorado Springs, Colo.$312,000
8Winston-Salem, N.C.$169,000
9Charleston-North Charleston, S.C.$270,000
10Memphis, Tenn.$188,000

The NAR offered additional explanation on its choices for hottest markets:

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What it's Like to Retire in Little Egg Harbor

Little Egg Harbor is an attractive retirement destination in southern New Jersey with a very confusing name.  Little Egg Harbor is a township of about 15,000 people and growing very fast. It is just north of Atlantic City near Tuckerton and a bit south of Manahawkin. Little Egg City is a small town that is considered part of the Township.  There are great beaches and bays for all types of water recreation... more >>

State: New Jersey

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What it's Like to Retire in Orange Park - Fleming Island

Orange Park is a town of about 9,000 people that is 10-15 miles southwest of Jacksonville. The town is a suburb of Jacksonville as well as home to many retirees. The Orange Park area also commonly includes Green Cove Springs and Fleming Island, 2 very  nice communities.  There are several outstanding active adult communities in Orange Park like Eagle Harbor and Fleming Island Plantation (see link at top right, and also check out communities for Jacksonville)... more >>

State: Florida

 
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What it's Like to Retire in Lucca

Lucca, Italy is a charming little town in Tuscany that has become a popular retirement spot for the British, French, and Germans in recent years. Although the city as a whole contains about 84,000 inhabitants, the old walled city, by far the most interesting part of town, has a population of only 7,500. Lucca's location in Tuscany about 50 miles west of Florence and 15 miles from Pisa is ideal... more >>

State: ITALY

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What it's Like to Retire in Cleveland

Cleveland is a large industrial city of almost 400,000 on the eastern shore of Lake Erie.  The birthplace of Standard Oil, the city proper has struggled in recent years with the housing market and the U.S. economy, but for the past several years the city has been going through a renaissance with new downtown restaurants, museums, and shops.  The Downtown Civic Center is home to The Renaissance Hotel, a shopping mall, movie theater, casino, and the Ritz Carlton... more >>

State: Ohio

 
 
 
 

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