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PORT RICHEY AND NEW PORT RICHEY, West Pasco's
dual coastal communities, are best known today as booming
retirement centers, but both towns had more basic origins.
PORT RICHEY was started in 1883 by Missourian Captain
A. M. Richey, who homesteaded on an island at the mouth
of the Pithlachascottee River. NEW PORT RICHEY, once Hickory
Hammonds, made the name concession in 1914 when the Port
Richey Company began heavy development.
Tampa4u is your home buyers or sellers resource for Port
Richey Real Estate and homes, relocation, school information,
new homes for sale, and general information in the Port
Richey and Tampa Bay Areas. If this is your first visit,
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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
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