U.S. News & World Report has released their “Best Places to Retire” report for 2021. Even though The Sunshine State has become more expensive, 8 of the top 10 retirement metros in this survey were in Florida. As in years past, Florida continues to dominate as a retirement destination. We discuss these results below.
Top 10 metros for retirement
- Sarasota, FL
- Naples, FL
- Daytona Beach, FL
- Melbourne, FL
- Lancaster, PA
- Tampa, FL
- Fort Myers, FL
- Port St. Lucie, FL
- Ann Arbor, MI
- Pensacola, FL
Why Florida?
It seems as though Florida has been the belle of the ball since the start of the pandemic. In addition to being known as a top retirement destination for many decades now, we have also seen a huge migration of working aged Americans calling Florida their permanent home as well. With this said, Florida’s domination for retirees has continued.
In addition to the beautiful sunshine and beaches, many retirees have expressed the lack of a state sales tax as a big attraction to paradise. Even though real estate prices have risen dramatically in the past few years, the lack of a state sales tax makes Florida much more desirable than other locations across the country. Furthermore, many retirees have reported that a lack of restrictive mandates have also attracted them to The Sunshine State.
Summary
Florida has consistently been a top retirement destination for some time now. Although many retirees call Florida their home only during the winter season, we have also seen many more retirees moving to the state on a full-time basis. This increase in the number of full-time retirees combined with the record number of working-aged Americans relocating to Florida has resulted in one of the most competitive real estate markets that we have ever seen. If you are considering a retirement destination, the state of Florida has many wonderful options.
At Live South Florida Realty, Inc. we have assisted many clients move to Florida. Are you looking to buy or sell a property in South Florida? Now more than ever, it is critical to have a qualified real estate team and the proper search tools behind you. Live South Florida Realty, Inc., has been a leader in the South Florida market for many years. Let our team of professionals assist you with buying or selling your piece of paradise today! In addition, our recently launched “Florida Home Search” app is now available on the Apple App Store and Google Play Store. With real-time MLS feeds, this app lets you set your own alerts to notify you as soon as a property meeting your needs hits the market. Furthermore, it will also let you know of recent closed sales in your area so that you may be even more educated on the market. Be sure to download this app for your smartphone or tablet today!
