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The city of Port Richey is currently experiencing growth both in business and residential subdivisions and communities. See School links for Elementary school, Middle School, High School, Colleges, and Universties.
Buying a home is not easy. As your real estate professional, we will help you not only understand the complex real estate market but also save you time and money. We mave moved and relocated out-of-state families. Our focus is on your needs and will find or sell your home accordingly. Our knowledge and professionalism will make your real estate experience a breeze. Buyers Tips - Sellers Tips
Forecast for Port Richey, FL- Tampa Bay Homes, Port Richey Real Estate
1. Senior Sun Seekers
Escaping from cold winter climates, many Senior Sun Seekers have relocated permanently to warmer regions, and others are snowbirds that move south only for the winter. Most are retired or anticipate retirement. The median age of the population in this market is 51.5 years, but over 60 percent of the householders are 55 years or older. The areas favored by the seniors are growth markets, especially in Florida, with available seasonal housing. Most of the housing is either single-family or mobile homes, with a median home value of $91,500.
2. The Elders
This is the oldest market, with a median age of 73 years. Representing the highest concentration of retired residents, The Elders favor communities designed for senior living, primarily in warm climates. Half live in Florida, and most of the rest live in Arizona and California. Sources of income are apparently Social Security and retirement income. Over 80 percent of the households draw Social Security, over three times the U.S. figure.
Source: ESRI Business Information Solutions