As the baby boomers begin to move into retirement, their decisions are derived on many levels. The main one is the annual cost of retirement. This includes the their rent, mortgage, utility bills, taxes, and the ever increasing cost of health insurance. Nevada has continued to be a great opportunity for retirement for people across the country. The Las Vegas real estate market knows this, and many great real estate agents look to assist prospective buyers in purchasing their retirement homes in Las Vegas.
We do find numerous buyers looking to acquire their Las Vegas home many years prior to retirement. These buyers are searching to use their homes as Las Vegas rental homes during this period. Why not by now, enjoy the current mortgage rates, receiving a net profit, and ultimately moving into these rental properties. What a great concept, buy at today's rate, profit from cash flow and appreciation, and occupying the home in the nest 3 - 10 years!
This is one of the main reasons why Las Vegas continues to make media headlines for one of the top retirement locations. Take a look at the most recent article published on MSN/Money!
"10 Best American Suburbs for Retirement"
http://t.money.msn.com/retirement/the-10-best-american-suburbs-for-retirement#image=6