Future hot and cold areas for Real Estate
WHAT AREAS OF THE COUNTRY WILL OUTPERFORM IN THE NEXT 10 YEARS AND WHAT AREAS WILL LAG?Outperform: Strategic Real Estate (for those who can afford it)
1. Coastal communities
2. Lake and Mountain Vacation Land & Cabins
3. The Sun Belt: Arizona, New Mexico & Florida
Lag:
1. Major cities such as Phoenix, NYC, Los Angeles and Chicago as more and more Baby Boomers decide to leave those stressful and increasingly unhappy places.
2. The Northeast and Mid-West.
Second-home markets: Where people are buying overseas:
Top international markets from Tom Kelly, author of "Cashing in on a Second Home in Mexico: How to Buy, Rent And Profit from Real Estate South of the border.
The Fast and the Furious Join the Country-Club Set
Across the U.S., 'lifestyle communities' are emerging with ever narrow niches. Their market: aging baby boomers who have the time and money to pursue a singular passion, such as cars, horses or aviation.



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