“Many seniors are on fixed incomes, making them especially sensitive to housing costs,” Realtor.com economist Jiayi Xu said. “In today’s high-price, high-interest-rate environment, buying a home can feel riskier and more financially burdensome than it was a decade ago. At the same time, the rise of senior-focused rental communities—offering accessible design, social amenities, and supportive services—has made renting a more budget-friendly and manageable option.”
Florida Is No Longer the Draw It Once Was
The Sunbelt remains a significant draw for retirees, but Florida is no longer the traditional stronghold they are moving to, as the Point2Homes analysis reveals. Here are the top 10 hot spots for people aged 65+, with growth rates from 2013 to 2023:
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