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Time Magazine covered the event in the real estate section with the article "Old Folks at Home [8]". As of 2019, Ryderwood remains a retirement community. Del Webb opened Sun City, Arizona, with the active adult concept, in 1960. [9] In 2011, The Villages, Florida became the largest of these communities. [10]
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [6]
Named communities in the U.S. state of Florida that lack political existence (incorporated). Subcategories This category has the following 65 subcategories, out of 65 total.
The report notes that 11.2 million older adults spent over 30% of their income on housing in 2021, and only 36.5% of eligible households received federal housing assistance.
According to data from RCLCO Real Estate, the Holding Company of the Villages sold 2,231 homes in 2017, a 13% increase over 2016. The Villages was the top-selling master-planned community in the United States in 2017 and one of only four communities to sell more than 1,000 homes.
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