Why_Baby_Boomers_are_Buying_Up_Land_for_Sale by georgetitan


Why Baby Boomers are Buying Up Land for Sale

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Because they want to ensure a comfortable retirement, droves of Baby
Boomers are snapping up land for sale in interesting locales across the
United States.

land for sale,land for sale by owner,foreclosures,golf community,buy
land,fsbo,financing,lake land,investments

Article Body:
Nearly 80 million Baby Boomers are edging ever closer to retirement. In
fact, about a hundred thousand Baby Boomers who have chosen early
retirement will be receiving their first Social Security checks next
month. The outlook for these retirees and those who come after them has
never been brighter. Although each person's situation is different, as a
whole, this generation will have a quarter of a century of retirement to
look forward to, and will bring to retirement an unprecedented level of
affluence and continued good health. Because they want to ensure a
comfortable retirement, droves of Baby Boomers are snapping up land for
sale in interesting locales across the United States.

Boomers are Value Conscious

While this generation might be financially more well off than their
predecessors, it doesn't mean that they're spendthrifts. On the contrary,
it seems as though they're very aware that their longevity means that
they have to be careful with their assets to ensure that they'll have
enough money for retirement. As a result, the trend is for Baby Boomers
to bypass traditional real estate opportunities and financing, and
instead find land for sale by owner (also known as FSBO) or foreclosures,
with the intent to build at a later time. In other words, they aren't
going to buy land for investments, but rather as the foundation for their
golden years. And they want to find land for sale at bargain prices.

Location, Location, Location

Part of the process of finding the right kind of land for sale is finding
the right location. Current trends indicate that Baby Boomers are
choosing to buy land that is off the beaten path. Few are able to afford
to buy or build Malibu beach houses or Manhattan penthouses. Instead,
they are electing to go where property prices and property taxes are low.
But - and this is an important factor - they want many of the amenities
that make retirement living relaxing and rewarding. So, for example, they
look for land in or near a golf community, or lake land that affords them
wonderful opportunities for fishing. They often opt for land in areas
that are going to be developed into private communities, replete with
lakes, rivers, recreation centers, and nature trails. Most importantly,
they don't want to be "snowbirds," living winters in one area and summers
in another. Instead, they want mild temperatures that they can enjoy

Moving to the Ozarks?

Some of the most inexpensive land for sale can be found in areas not
traditionally considered retirement communities. Land near the Ozark
Mountains, for example, meets the requirements for mild temperatures,
natural wonders, and planning for private communities. Plus, since
Arkansas has one of the lowest property tax rates in the nation, Baby
Boomers can afford to hold on to the land until they're ready to build.

Unlike previous generations, Baby Boomers know what they want and have
the means to achieve it. Buying land for sale in affordable locations is
just the first of many trends to come.

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