North Carolina Preferred by Baby Boomers

New Homes North Carolina

Arizona and Florida aren't the only retirement-relocation hot spots these days. In fact, South and North Carolina now top the preferences of baby boomers who will be retiring in the next decade, according to a survey to be released this week from home builder Del Webb.

Also, downsizing is a trend that is taking hold among all housing consumers, but it is particularly evident among the 55+ crowd that includes the older baby boomers.

Today, the "cost of living" is the most important consideration on where to locate. Although Florida, Arizona and California remain Top 10 retirement destinations, the trend is giving other states a chance to draw even more retirees.

North Carolina New Homes

Despite the broadening of potential destinations, baby boomers' desire to move in retirement has remained relatively stable over the years. Between 30% and 40% plan to move to a new home in retirement, about the same as in 1996, and half of those plan on moving to a new state.

Check out available new homes in North Carolina at www.SheaHomes.com.

Information for this post provided by Steve Kerch of MarketWatch.