Tuesday, October 20, 2009

Forbes: Atlanta ranks No. 1 among America's 'recession proof' retirement markets

Metro Atlanta ranks No. 1 on a new list by Forbes of America's 40 "recession proof" retirement cities.

Forbes said it considered such factors as average income for seniors, current and expected home prices, job-growth predictions through 2014, the cost of living and median monthly housing cost.

Atlanta ranked 17th for number of sunny days, 17th for income of residents 65 and older, seventh for median home price, 17th for home price change predicted for 2009-2014, 11th for cost of living and 23rd for median housing cost.

Atlanta was followed by Dallas-Fort Worth, Tampa-St. Petersburg, Houston, St. Louis, Austin, Las Vegas, Phoenix, Kansas City and San Antonio.

New York finished last among the 40 cities, with Milwaukee and Boston near the bottom

click here for the ranking of 40 cities.

Monday, October 19, 2009
Atlanta Business Chronicle

Milicki & Associates, Inc.
Real Estate Specialists
110 Evans Mill Dr. Suite 103
Dallas, GA 30157

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