A small percentage of the home buyers in the current marketplace are looking for their retirement homes. With the market still low in some areas it makes sense to purchase early for your retirement and maybe even rent it out for the time being to help cover your payments. Of course, you would want to make sure it is still a place you will want to retire to, but Charlie Rocque of Raton, Florida found his retirement apartment for only $20,000 and it could currently be sold for $75,000.
Source: “Younger Buyers Jumping Into Retirement Real Estate,” CNBC (March 25, 2013)
