Home prices jump in nation's top retirement spots

The Florida towns of Dunnellon and Naples are at the top of RealtyTrac's list of the best U.S. cities for retirees to invest in homes. Those cities had 31.42% and 26.79% increases in median prices, respectively, over the past 12 months. The list is based on cities where at least 33% of the population is 65 or older. "The baby boomer generation started retiring in 2011, a trend that will continue at least through 2029, ensuring plenty of demand for both rentals and owner-occupant purchases in these markets for the foreseeable future," RealtyTrac's Daren Blomquist says.

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