6 deals in the desert

Looking to land a bargain on a retirement home? Try Phoenix.

1 of 6
BACKNEXT
Desert Calm
Location:Phoenix

Phoenix's real estate market has suffered more than any other in the United States, with prices falling as low as much as 53% in the past three years, according to S&P/Case-Shiller. That means now's the time to find a good deal on a vacation or retirement home, depending on where you look.

But don't wait too long. Realtors think there's a huge, pent-up demand for retirement homes. Once the market recovers nationally, the argument goes, Sun City (to the right) and other places like it will get a big bump, especially as baby boomers begin to retire en masse.



NEXT: Luxe for Less
Last updated June 12 2009: 10:01 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
5 biggest share buybacks of 2014 Stock repurchases are booming. These five companies are ready to spend over $79 billion on buybacks. More
10 horrifying corporate mascots McDonald's Happy is part of a long lineage of creatures great and small that shill for products and mortify consumers. Mr. Mucus, anyone? More
5 best cities to launch a career The top spots in the U.S. for new grads to land a job -- and actually enjoy life -- according to financial site WalletHub. More