Boom Trends...

Boom trends, from the Arizona Republic, reports that the fastest-growing segment of the housing market is made up of people age 50-plus, including empty nesters, pre-retirees, baby boomers and older buyers. People 55 or older bought nearly one-fifth of the 1.1 million new homes sold in the country in 2003, according to the National Association of Realtors. Builders are designing product to fit this growing trend of older buyers, including second home communities, active adult master planned communities, home features and designs to accommodate the elderly, and smaller homes for those looking to downsize. The article gives a good list of all the trends in this niche, which is expected to continue as more boomers come on line.



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