<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=344919019321368&amp;ev=PageView&amp;noscript=1">
 
CALL NOW 570-646-4600

Building the memories of a lifetime
- one home at a time home

golden-oaks-new-homes

  • facebook
  • twitter
  • google plus
  • pinterest
  • houzz

Poconos Custom Home Blog

Builder Confidence in the 55+ Housing Market Ends Fourth Quarter on a Record High

Posted by Liberty Homes on Feb 4, 2014 1:13:13 AM

February 3, 2014 - Builder confidence in the 55+ housing market for the fourth quarter of 2013 is up sharply, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. All segments of the market—single-family homes, condominiums and multifamily rental—registered strong increases compared to the same quarter a year ago. The single-family index increased 20 points to a level of 48, which is the highest fourth-quarter reading since the inception of the index in 2008 and the ninth consecutive quarter of year over year improvements.

“We are seeing continued improvement in the 55+ housing market because consumers have gained confidence in the economy and are able to sell their current homes and move into a new home or an apartment that fits the lifestyle they desire,” said Robert Karen, chairman of NAHB’s 50+ Housing Council and managing member of the Symphony Development Group. “We expect this optimism from builders and developers to carry on into 2014.”

Read More

Topics: NAHB, Liberty News, Chief economist, HMI, Single-family detached home, Condominium, Real estate economics, Sales, National Association of Home Builders

Builder Confidence in the 55+ Housing Market Shows Significant Improvement in Second Quarter

Posted by Liberty Homes on Sep 17, 2013 2:26:39 AM

(NAHB, 2013) - Builder confidence in the 55+ housing market for single-family homes showed strong continued improvement in the second quarter of 2013 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. The index increased 24 points to a level of 53, which is the highest second-quarter number since the inception of the index in 2008 and the seventh consecutive quarter of year over year improvements.

“Builders and developers for the 55+ housing sector are feeling optimistic as they are seeing more consumers return to the marketplace,” said Robert Karen, chairman of NAHB’s 50+ Housing Council and managing member of the Symphony Development Group. “With existing home prices rising, consumers are able to sell their current homes and make the move toward either purchasing a home or renting an apartment that is designed to more specifically suit their lifestyle.”

Read More

Topics: Liberty News, Chief economist, HMI, Single-family detached home, Real estate economics, National Association of Home Builders, Index (economics), aging in place

Subscribe to Email Updates

Home-Design-Guide

Most Popular

Posts by Topic

see all