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Demographics tell us that eight million more people should retire in the next decade than in the last decade. You had better pay attention to the retirement housing market!
While the active adult (55+ age-restricted, amenity-rich) home market was brisk everywhere last year, The Villages in Florida spun into a whirlwind. With 3,419 sales—up 20% from the prior year—The Villages once again outsold every other master-planned community in the country. That is an average of more than nine new home sales per day!
10% volume growth and 5% price appreciation. We will take that every year! Here is John's interview on Fox Business from last Friday: