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| Who's Buying Lake Havasu Real Estate |
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| Who's Buying Lake Havasu Real Estate |
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Now consider Lake Havasu real estate from an investment point of view. Savvy real estate investors know the wisdom of "following the Boomers" when considering strong real estate appreciation potential. Baby Boomers, newly retired or about-to-retire, have discovered Havasu! That's the generation born between 1946 and 1964. Unprecedented in size (76 million), education (25% have 4 year degrees, over 50% some college), affluence, and influence, the Baby Boomer generation has created a surge of interest in the second-home and retirement market, and Havasu is their "dream come true." Boomers prefer open communities with a small town feel. No cookie-cutter retirement communities with timed activities and restrictive HomeOwner Associations for Boomers! Boomers look for friendly, open communities located within a half day's drive of major services. Can you say Vegas, Phoenix, Palm Springs, L.A. and San Diego? More than a quarter of the huge Boomer generation have their eyes on the sunbelt for retirement living. Climate is the BIG factor. Sunshine, blue skies and clean air is a must. Boomers consider themselves "mid-youth" and they are active. They love to walk, golf, hike, bike, fish, camp, and they are especially fond of water activities. They're adventurous...they will consider hang-gliding, hot-air ballooning, para-sailing, outback adventures, white-water rafting, and off-road riding. Bring on the toys! What do Baby Boomers want in housing? Maintenance free exteriors and grounds, luxurious interiors, especially kitchen and master suites, are required. Energy efficiency, wiring for high speed data communication, and a home office are high on their list. Home entertainment centers and room for visiting children, parents and friends are a must. Nearly a quarter of the Boomers consider a suite for the care of aging parents important. Rooms or areas that can be used for different purposes (Flex-Space), depending on lifestyle and needs, are popular. Garage, garage, garage...Boomers love their toys! Havasu offers garages unlike any other town on the face of this earth! And don't forget RV parking. Boomers share their parents' love for the American Highways and Byways. Many Havasu homes offer on-site parking for the Boomer RV and their travel-pals. A Baby Boomer turns 50 every 7 seconds in America. They are the driving force in retirement/second homes' emergence as the fastest growing residential market in the U.S. During the last ten years, second home purchases have doubled to 8% of the 4.8 million homes sold each year. Consequently, prices for second homes in Baby Boomer preferred markets are expected to rise significantly in the next 10-15 years. The majority of Havasu's Buyers are Baby Boomers. So, if you are planning a purchase in Havasu, consider your decision a wise one! The Boomer demand for Havasu Homes is expected to continue for many years to come, ensuring an excellent investment choice. Our advice: don't wait any longer than you must. You'll be very happy with your investment a year or two from now, as well as ten years in the future! After you've fallen in love and decide its time to buy Havasu, give Brent and Michele a call, or drop us an email. We're your experienced, knowledgeable Lake Havasu Real Estate Connection. We want your business and well do a great job for you! Brent DeWitt and Michele Michaels Havasu Realty 928/854-1700 Office 928/486-5212 Cell Michele@BrentandMichele.com http://www.BrentandMichele.com Havasu's #1 Award-Winning Real Estate Web Site, Member, Whos Who On The Web! P.S. Please refer our website to others who might benefit. Source: Age Venture News Source; http://www.demko.com |