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home builders: Active Adult Housing Sector is Stalled - 11/30/10 02:10 PM
Even as members of the baby boomer generation make their way into retirement, the active adult housing sector is stalled.
Builder confidence in the 55+ housing market has been tepid. The National Association of Home Builders studies this effect in the 55+ Housing Market Index, which evaluates markets based on a scale "50" or greater as "good confidence" and less than "50" indicating "poor confidence." Results for the third quarter 2010 weren't stellar, with the index basing its findings on current sales, prospective buyer traffic and anticipated six-month sales.
According to the National Association of Home Builders' Chief Economist, David Crowe, … (1 comments)

 

Miro Fitkova

Boston, MA

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Fitkova Realty Group

Address: 1318 Beacon St., Suite 16, Brookline, MA, 02446

Office Phone: (617) 232-3220 x 101

Cell Phone: (617) 921-9952

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