55+ housing market confidence continues to improve

Both home owners and builders in the 55+ housing market are showing increased confidence. Because of rising prices and increased home equity home owners are more confident in selling their homes and moving to a home for the next stage of their lives.

With more people in all age brackets more aware of universal housing to accommodate all stages of life and physical abilities there is a growing need for one-level housing… and what I have experienced as a shortage in our market as I work with buyers, especially those 55+ who are focusing on finding a home where they can age in place.

It's good news that builder confidence is also improving in the 55+ housing  market. Nationwide home builders in that market indicated considerable growth in confidence, according to the National Association of Home Builders.

55+market

Locally, new home construction was up 40% over recent years in the Twin Cities through 3rd quarter 2013. If you are thinking about building, consider Award-winning Aging-in-Place House Plans designed by a local architect.

RELATED POSTS

Written By

I love what I do! Highly insightful, analytical and creative, there is nothing I love more than helping you find the right solution for your real estate transition. My mission is to serve my clients with honesty and integrity, exceeding their expectations in service and support… and to help others by donating a portion of every transaction to Habitat for Humanity.

Related Posts

Home Design for Aging Baby Boomers

Where do you want to live as you grow older? The answer to that is as unique as you are, as I find all the time when I work with Baby Boomers...

Subscribe to Our Newsletter for Market Updates & Mid-Century Modern Listings

Our weekly HomesMSP Update includes current local market information and a curated list of mid-century modern properties for sale, plus posts from an inspector, a lender, a stager, info about neighborhoods, life in the Twin Cities… even recipes!
Hidden

Blog Categories

Archives

Sharon and John Hensrud

About Us

The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.