Builders Optimistic About Boomer Buyers

Baby Boomers are approaching retirement age in record numbers and home values are returning to equilibrium. No wonder home builders are feeling optimistic about the 55+ housing market these days. The National Association of Home Builders’ (NAHB) 55+ Housing Market Index increased 14 points to 50 in the third quarter – the highest it’s been …

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Homebuilder Confidence Hits a Milestone

Builder confidence nationwide appeared to turn a corner in June, according to the National Home Builders Association/Wells Fargo Housing Market Index. Index results surged eight points to a reading of 52 – topping 50 for the first time in seven years.  Fifty is the magic number that divides builder optimism from pessimism. A reading above 50 …

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