Retirement On The Horizon? Florida-Bound!

78 million 'baby boomers' begin their approach to retirement this year when those born in 1946/47 turn 65 and start qualifying for Social Security benefits. In 2003 and 2004, over 1000 people were moving to Florida a day! Builders were struggling to keep up with the demand. However, that process slowed dramatically as a result of increased property costs, insurance and the economic downturn.

As this determined generation gets back on its feet and once again looks toward retirement, Florida is returns as a top destination with its current depressed prices, no state income tax, pleasant climate, recreational and cultural activities and excellent senior care.

Tampa Bay offers the three dynamic cities of Tampa, St Petersburg and Clearwater... with the eclectic 23 miles of sandy white beaches and diverse beach communities. According to a recent survey, 58% of relocating baby boomers plan to purchase a home or condo in their destination city. So where are these seniors going to go??? Home building virtually stopped in 2007. Inventory has dried up back to 2005 levels. Very few building permits are even being pulled because building new can't be done at the prices we are at right now. So with no new building on the horizon, what will this mean for the retiring senior planning to come to this area in 4-5 years? It means start looking NOW while there are still some of these incredible value deals! Who can you trust to help you through this process? The PURTEE Team specializes is real estate along the beaches of Tampa Bay. With a diverse background or business, financial planning, negotiation, construction and design, Mark, Garges, Lambdin and Kathy are ready to help. Find out what they can do for you to get you on your way to living the "Florida Lifestyle". Read the article...