In Focus: Regional and State Housing Trends

By Ken Fears, Manager, Regional Economics

Although every market is unique they share similar demographic, economic, and migration fundamentals. Consequently, some trends repeat themselves around the country to varying degrees. Foreclosures are having a substantial impact in some markets, while unemployment is the primary concern in other locations. This article highlights some of the broader patterns that are making an impact on regional housing markets.

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Best Places for Aging Entrepreneurs

This article came from the REALTOR(R) Magazine Daily News on June 30, 2009.  If you missed it . . .

Entrepreneurs don’t retire, they just find a new project.

Over the past decade, baby boomers produced a high rate of entrepreneurial activity, and Dan Stangler, senior analyst at the Kauffman Foundation, says the number of baby boomers starting a business in their traditional retirement years is likely to increase.

In response to that analysis, U.S. News & World Report identified 10 places that it says are the best places for an entrepreneurial baby boomer to retire. It picked the areas because they have an affordable cost of living, proximity to healthcare, fun recreational amenities, and access to information, particularly colleges and university with technology-focused departments.

Here are their 10 best suggestions:

1. Arlington, Va.
2. Columbia, Md.
3. Fargo, N.D.
4. Fayetteville, Ark.
5. Fort Collins, Colo.
6. Knoxville, Tenn.
7. Lincoln, Neb.
8. Madison, Wis.
9. Round Rock, Tex.
10. West Des Moines, Iowa

Source: U.S. News & World Report, Emily Brandon (06/29/2009)