The North-Carolina real estate market is undervalued making it an important market for those seeking to get the most for their money in retirement destinations. It is believed that the savvy investor will benefit from the explosive growth and demographic trends taking place in North Carolina, with new and unique opportunities existing from the ocean to the mountains. American Demographics Magazine states that "The south is the center of a real estate boom of monumental proportions." (Land Depo Website, 2006)
             The stated advantages of land investments are listed as being:
             Greater Flexibility for maximizing value; and
             Simple Investment Management (Land Depo Website, 2006)
             Baby boomers make up a large percentage of the U.S. population and these individuals are heading toward the age of retirement within the next fifteen years. More than 50% of baby boomers do not intend to stay in the area in which they currently reside during their retirement. The baby boomer population is stated to be in possession of "70% of the nation's net worth" and as well "many of these people want to live in places with good 'lifestyles', with 42% of them choosing the South Atlantic area for their retirement." (Land Depo Website, 2006)
             II. BABY BOOMER MIGRATION AND RETIREMENT TRENDS
             Among baby boomers surveyed between the ages of 41-49 those stating that they plan to buy a new retirement home were 59% while 50% of those in the 50-59 age group state that they also plan to buy a new retirement home. Among baby boomers with plans of moving to a new home during retirement 66% stated that they intend to move for a better lifestyle while 54% are in search of a warmer climate. The most preferred states for retirement according to boomers are as follows:
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