National

Jul 4, 2013 6:24 AM by Lacey Steele

Real estate growing in retirement hot spots

Some of the most popular retirement cities in the U.S. might see growth in real estate investments.

RealtyTrac, the leading online marketplace for real estate data, has released a report on real estate investing in cities that are retirement hot spots.

That's where at least one-third of the population is age 65 or older.

The report found that among 40 cities, 25 posted annual increases in median home prices and 27 showed rentals in those markets could generate positive cash flow.

Seven cities in Florida made the top 15 list.

 

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