Boomers Homes: 55+ New Housing Demand Strong Led By Surge For Rentals

From a Housing Wire online article:

55+ Housing Rental Market“Demand for 55+ housing remains solid, as demonstrated in the surge for 55+ rental demand,” said Dietz. “Builder sentiment for the for-sale 55+ housing market also remains in positive territory, supported by low inventory of existing homes. However, it is being constrained by development costs and their impact on affordability.”

As more Baby Boomers look not just to downsize but to “rightsize” in their retirement years, the 55+ housing market is humming along nicely, showing solid activity despite the faltering state of the overall market.

According to the latest from the National Association of Home Builders, builder confidence in present sales for the 55+ market remained at 76 in the second quarter of 2019, holding steady at a record high.

To read more click on following link: https://www.housingwire.com/articles/49774-the-55-housing-market-is-still-going-strong

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