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Deemed a silver tsunami, when this occurs home prices may fall.
And, in fact, Zillow identifiedfive U.S. citieswhere boomers are already starting to sell their homes.
Only 17% of Boomers are not experiencing rate lock-in and thats the highest percentage of any demographic.
News & World Report.
Beyond affordability, however, these cities may not offer a high quality of life for seniors.
They do not have the year-round warm climate that draws most retirees to the South and Southwest U.S.
Most are not walkable cities, instead, requiring cars for transportation.
These states offer a temperate climate with a lower cost of living than most Florida cities.
The cost of living here in Oklahoma is comparably lower than other large metro areas.
Even if they have to buy further out than the metro, the commute is easy from all directions.
She pointed out another benefit to working professionals in these smaller cities.
A short commute can be hours.
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