Photo courtesy of Robert Hensley via a Creative Commons license

Photo courtesy of Robert Hensley via a Creative Commons license

Dallas is one of 15 top markets poised to attract baby boomer homebuyers because of an affordable cost of living, sunny weather, and friendly business climate, according to new research by the National Association of Realtors (NAR).

NAR looked at 100 metro areas with lower state taxes (or none at all, as is the case in Texas), stable job market conditions, and strong migration patterns of “leading-edge baby boomers” (those 60-69) moving to that area. By doing this, they predicted which housing markets are likely to see a boost from baby boomers. Cost of living, housing affordability, and housing inventory availability were also factors in their rankings.

For these reasons, Dallas was identified as one of five markets with strong potential for attracting baby boomer homebuyers.

“It comes down to housing affordability, and lower tax rates in the Dallas area and the state as a whole,” said Adam DeSanctis, NAR economic issues media manager. “More boomers after 65 are working, some because they have to, or feel like they have to, but also those that are healthier and want to maintain an active lifestyle. Those [baby boomer] business owners come to Dallas for its dynamic local economy.”


Update: I now know these are not ski in/out units, but rather walking distance to one lift. Has anyone skied Sun Valley and know where these units are located in relation to the lifts? Personally, I buy a ski condo, I want to be pretty close to the lift. You?

I haven’t seen these units, but they look mighty nice. Perhaps someone from our Second Shelters nation who has seen them can pipe in? The place is Chilali, a luxury development near Ketchum, Idaho. Developers Accelerated Marketing Partners are apparently trying to accelerate some sales because they are offering these units for auction at 55 to 66% discounts over list pricing. The auction will be held February 19 at the Sun Valley Resort. There are 25 spacious one-, two-, and three-bedroom homes in total at Chilali, ranging from 1,612 square feet to 3,200 square feet. Alas, don’t be a smart-aleck and start with $20: there are minimum bids, ranging from $295,000 to $825,000. Which means you could grab a one-bedroom ski-in/out unit for $295K. Not too shabby, considering the price tags on some of these were $2.2 once upon a time.

The homes have custom hardware, large natural wood-wrapped windows and doors and contemporary lighting. Unobstructed views of the Bald and Dollar mountain ranges, roomy open floor plans with vaulted ceilings and central great rooms.

The one-bedroom unit has a minimum bid of $295,000, which is 58 percent below its previous asking price of $695,000. But get this: a three-bedroom-plus-den home that is approximately 2,793 square feet and has a minimum bid of $695,000.

On-site amenities are plentiful: rooftop, open-air entertainment area, complete with an outdoor barbeque, fireplace and oversized hot tubs; a spacious, state-of-the-art fitness center with top-of-the-line equipment, sauna, and flat-screen TV and games; ample resident storage with private ski-lockers; and a full-level of underground parking.

Get ready: we’ll be seeing more auctions like these. It is possible that come 2011, you may find the second home of your dreams at a very reasonable price!