Avatar's Blog
» Trends in Investment Residential Properties
Investing in US investment residential real estate? For the past decade, the trend in development and investment has been toward the sun belt. Older retiring Americans, people reasoned, would want to move to warm places where they would enjoy golf, group activities, etc. close to or within their planned communities. For awhile, this scenario was playing out. Development has boomed in many sun belt communities. Buyers have begun to populate these new homes.
Recently, however, trends are showing that more active Americans are choosing to retire and stay closer to their previous homes, regardless of the weather. There is a tendency to sell off larger homes with extensive maintenance requirements. Many older people - couples and singles - are moving to condominiums, smaller private homes, and apartments closer to urban areas where services and activities are more readily available. The greatest demand is now found in communities with mid / high rise buildings in dense urban areas.
One of the most important trends lies in development of residences designed for mobility and service for an aging population with increasingly limited mobility, special needs, etc. Step-less entries, cabinetry and more designed to support wheelchair and limited mobility needs are increasing.
