Credit unions located in warmer climates with stronger economic activity might benefit from housing finance programs aimed at migrating baby boomers, according to the National Association of Realtors.
The association said it analyzed data from the U.S. Census that suggested metropolitan areas with milder climates and stronger economies will attract members of the baby boomer generation who are putting off retirement and continuing to work.
The association cited Boise, Idaho and Raleigh, N.C., as examples of places with solid job growth, a larger share of self-employed workers and affordable home prices.
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