Gary Pierpont Blog

55+ Housing Demand Grows

November 13, 2013 by garypierpontblog

According to recent data released by the National Association of Home Builders, builder confidence has increased in the 55-and-up housing market. Experts say that the single family housing market demand has grown considerably with the help of senior citizens, jumping 14 points, averaging a level of 50 in the single-family index. The chairman of NAHB’s 50+ Housing Council, Robert Karen said, “we have seen steady improvement in the 55+ housing sector as buyers and renters are attracted to new homes and communities that offer the lifestyle they desire.” More here

Filed Under: Housing Market Tagged With: First Home Mortgage, Gary Pierpont, Greenbelt, MD

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