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top 10 cities for retirement: Bend among top 10 cities for retirement property steals - 05/29/10 01:03 PM
The states that took the brunt of the housing bust—like Florida, California, Nevada, and Arizona—also contain some of the nation's most enviable markets in which to retire. Moody's Analytics compared price-to-income data for 384 metropolitan areas to pinpoint affordable retirement spots. Bend made the top 10 for the following reasons:
"Stiff demand from second-home buyers helped nearly double median home prices in lovely Bend, Ore., between 1999 and 2006. But the subsequent real estate collapse has dragged the area's price-to-income ratio from 3.4 in the third quarter of 2006 to 1.7 in the fourth quarter of 2009. That's below Bend's average … (2 comments)

 
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Cheri Smith

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