According to a recent survey/study by Apartments.com, Austin is the #1 best spot in the country to retire or to spend the winter away from other, colder locales.
Frankly, after reading the article about this, I wondered about the fact that they didn't include sales or home prices as part of this study, just rentals, which seems a little counterintuitive to me. I can understand it with regard to temporary housing, but if you're retiring to an area, renting seems pretty unlikely long-term.
The average two-bedroom apartment in Austin is $1204/month now, which makes purchasing more attractive, depending on which part of town is most interesting for your needs.
The study took the following criteria into account:
- Inventory of affordable apartments
- Thriving Economy
- Number of Retirees
- Weather
- Flexible leasing options for long or short-term stays
Here's a link: http://reversemortgagedaily.com/2013/11/24/austin-las-vegas-make-best-of-list-for-retirement-snowbird-cities/
For more information, visit us at http://www.austintexashomes.com or call anytime at 512-796-7653 (cell).
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