Boise, and the larger Treasure Valley area, is proving to be an ideal location for the Baby Boomer generation. Boise's senior housing market is booming, with retirement centers and assisted living facilities popping up everywhere.
In some areas, there has been an overbuilding of senior housing, but in others, it's just what the doctor ordered. The youngest Baby Boomers will turn 65 next year, meaning more and more Boomers will begin reaching retirement age each year. The Boomer generation is committed to a long and active lifestyle, so retirement complexes will be quite appealing to the latest elder generation.
So what does this mean to the average Boise home buyer?
Boise home buyers of the younger and older generations can have confidence in the Treasure Valley economy. The influx of retirement-age people moving to the appealing Boise area will only strengthen the local economy. Senior housing -- retirement living and assisted living -- aren't cheap, so the addition of seniors will boost the local cash flow.
The newest senior generation likes amenities, too, and that's why the Treasure Valley appeals to them. It's a great locale with plenty of opportunities for recreation and other activities, and there are ample places to live that are outside the hustle and bustle yet close enough to all the action.
If you're nearing retirement age and are thinking about a move to the beautiful Treasure Valley, contact an Idaho mortgage lender to discuss your options. A move straight into a retirement community might not be your cup of tea, but investing in a beautiful piece of Idaho real estate might be. You can build equity -- and add to your nest egg -- while you enjoy your retirement years, while still taking advantage of the scenery and recreational opportunities offered by the Boise area.


