Atlanta Ranks as Top Recession Proof Cities to Retire In

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Atlanta is the top ranked city in another Forbes list…this time for being the best recession proof city to retire in. The list was compiled by crunching seven sets of statistics from sunny days to median home price, reveals that Atlanta has many trends working in its favor–low cost of living, plenty of sun and housing that is affordable and projected to rise in value over the next five years.

“Atlanta is the financial and industrial center of the South,” says Eduardo Martinez, senior economist at Moody’s Economy.com. “With companies like Delta and Home Depot, it’s home to more and more international business.”

If you are nearing the age of retirement you ought to consider Atlanta as the place to retire.  Get involved now and purchase a retirement home while mortgage rates are at historical lows.  Contact the H2 Realty Team today to have a real estate professional contact you and help you find your retirement home.

Forbes looked at the country’s 40 largest metropolitan areas and ranked them according to seven different categories:

1. current median home price
2. five-year projected home price
3. median monthly housing expense
4. cost of living index
5. median income for households over age 65
6. five year job growth outlook
7. sunny day statistics

1. Atlanta, Ga.
(Atlanta-Sandy Springs-Marietta, Ga., metro area)

Sunny Days: 17 of 40
Income 65 And Over: 17 of 40
Median Home Price: 7 of 40
Projected Home Price Growth ‘09-’14: 17 of 40
Projected Job Growth ‘09-’14: 5 of 40
Cost of Living: 11 of 40
Median Monthly Housing Cost: 23 of 40