The NAHB’s (National Association of Home Builders) Q1 2017single-family 55+ Housing Market Index (55+ HMI) shows that thr 55+ housing market remains firmly in positive territory, indicating that more builders view conditions as good than poor. The 55+ HMI is based on a survey that asks if current sales, prospective buyer traffic and anticipated six-month sales for that market are good, fair or poor (high, average or low for traffic). As more and more baby-boomers retire and downsize it’s important for investors to pay attention to this demographic – especially as they sell their old homes and look for places (buy/rent) that meet their accessibility needs.
Click here to read the full story on the NAHB’s Eye on Housing.
