According to Arizona State University researchers, sunny Arizona will undoubtedly be a prime retirement destination for America's Baby Boomers. But the news only gets better: based on the H.S. Dent Forecast predictions, a 40% vacation home boom is just around the corner -- even without the Baby Boomer influence! Known for setting marketing trends, this powerful post-WWII population crowd is primed to receive inheritance money. What's one of the first and most savvy investments they'll be making? Real estate, of course! Today's vacation property automatically becomes tomorrow's retirement retreat.
Bisbee, Arizona -- just down the road from Sunsites properties -- is ranked among the new resort towns that show promise of surging growth. This sleepy little mining town just 90 miles southeast of Tucson, populated primarily by artists, is just being discovered by upscale tourists. Featured here is the "Old West" hotel and saloon, a plethoraof arts and crafts shops, trendy restaurants and quaint coffee shops. The attractive desert mountain climate afforded by the 5,000 foot altitude makes this area an ideal retreat in all four seasons.
So what does Bisbee mean to you, the investor? A local Tucson newspaper referred to Bisbee as the "next Aspen," while Rolling Stone magazine calls it the "next Santa Fe." Real estate prices in the area have doubled and even tripled over the past five years.
The next Aspen? The next Santa Fe? Imagine the ramifications of that explosive growth! Property experts are advising the wise investor to purchase land at "young property" rates outside of the Bisbee area and then wait patiently as the boom overtakes their property -- most likely within the next 3 to 10 years.
And what properties fit that description perfectly? Sunsities, of course!
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