Boomers will represent 25% of the total U.S. population by 2010. Although most baby boomers prefer to stay in their own homes as they age, an increasing number - an estimated 1.2 million households intotal - plan to move to "active-lifestyle communities", according to arecent study by the National Association of Home Builders and theMetLife Mature Market Institute. As a result, as boomers get closer to retirement they're expected to have a huge impact on housing trends.
What's an active-lifestyle community? Generally it's considered an attractive, resort-style community that's restricted and specifically geared toward active adults aged 55 and over. Such communities often seek to emulate the amenities found at luxury resorts, such as golf, fitness centers, spa treatments, horse-back riding, and on-site dining, as well as a variety of activities, events, and special-interest clubs. As a result of the developing trend among boomers, look for developers to respond by building to meet the increasing demand for age-restricted or "active-lifestyle" communities.
Recently Madison WI was ranked 8th by Kiplinger's Personal Finance Magazine as one of the best places in the nation to retire and start a business. If you're not yet planning to retire but are looking fora community close to jobs that could help you transition intoa work-from-home situation, consider choosing the city of Madison WI as your eventual retirement destination.
For a list of homes currently for sale in active-lifestyle communities in Madison, visit Madison's 55+ communities. For a list of condominiums and townhomes for sale in "low maintenance" communities (not age restricted but attractive to those seekinga second home or who travel frequently), please have a look at our lakefront condo listings.
For more information about relocating to Madison, 55+ communities, Madison condos, golf communities, or lakefront living, please visit www.lakeandcityhomes.com or contact Lake & City Homes Realty broker|owner Jolenta Averill at (563) BUY-SOLD.
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Jolenta Averill, Principal
Lake & City Homes Realty