The national magazine, "Where to Retire" will profile Reno as a "hot town to snap up bargains now" in the January/February edition. The magazine is aimed at guiding retirees on where to move has recently named Reno one of its eight top retirement destinations.
The bi-monthly Texas based magazine will be on sale Dec. 18, and will be available for sale on-line or at Barnes and Noble book sellers.
The magazine's editor, Mary Lu Abbott, praised Reno's current housing prices and outdoor activity options.
"Reno has so much to offer active retirees, for the cultural scene to casino action complemented with year-round outdoor recreation", Abbott Said. "And all those perks come with outstanding bargains in home prices as the city recovers from a hard hit in the housing crisis.
For boomers who've had Reno in mind for retirement, now is the time to act, to get everything they wanted at sometimes close to half the price of a few year ago," she said.
Nearly 12 percent of Reno's population is aged 65 or older, according to U.S. Census data using the City's 2010 population.
Other cities making the magazine's top eight list for retirement destinations were: Salem, Ore.; Spokane, Wash.; Palm Springs, CA, area; Wilmington, North Carolina; Marietta, Georgia; Hagerstown, Maryland; and Gainesville, FL.
Abbott said Reno's rising home pries and falling inventory could lead to the local housing market getting back on its feet. She said there is a possibility in the future that home values will increase.
Magazine officials said roughly 700,000 Americans relocate to new towns during retirement.
When the magazine in 2010 listed Reno as a top 10 city to retire, they cited the area's picturesque outdoor settings, the Reno Aces and annual events, like the Great Reno Balloon Races.
The Web site www.bestboomertowns.com also features Reno as a top retirement spot, as did CNN's Money magazine in 2006. The boomer town site applauded Reno's local tourismn events and its outdoor activities as attractive to senior citizens.
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