As talks of an economic recession continue to increase, homebuilders’ confidence could change. Currently, builder confidence for single-family homes rose to 66 in early August. And their confidence has been well-founded given the circumstances. Optimism Amongst Home Builders Builders have 4 components that lead to this optimism....
Most of us remember when kids couldn't wait to move out of their parents' house. According to CNN, those days may now be over. Coldwell Banker surveyed 2,000 young American adults ages 18 through 34, who all felt it is perfectly acceptable to live with their...
According to a Pew Research Center analysis of the latest U.S. Census Bureau data, approximately 51 million Americans, or 16.7 percent of the population now live in multigenerational homes: homes containing three generations under one roof. It could be the college graduate that moved back in...
It’s been a long and rough five years since the economy took a downturn, and undoubtedly, you’ve seen changes in your business. Now that things are improving, you are probably looking ahead and wondering how your brand needs to change to be prosperous in the...
It’s no secret that the real-estate downturn has affected the economy at large in countless ways. Empty homes are one of the unfortunate side effects of such a downturn. According to the Census Bureau, vacant properties have increased by 43.8 percent nationwide since 2000. As of...
The recent Gallup's annual Economy and Personal Finance survey conducted revealed that the average nonretired American now expects to retire at age 67, up from age 63 a decade ago and age 60 in the mid-1990s. Today's younger nonretirees are more optimistic about being able to...
As the economic downturn bears down on families, an increasing number of grandparents are stepping in to raise their grandchildren, and it's presenting complicated issues when it comes to age restricted communities. It’s Not a Minor Issue The problem seems to be growing. In one senior community in...
According to the NAHB, Congress and the Administration continue to debate potential reforms of the housing finance companies Fannie Mae and Freddie Mac. But will these new policies further destabilize the struggling housing market? The NAHB believes the proposed rules contain a harshly narrow definition of...
According to the NAHB, newly built, single-family home sales hit a record low in February, declining by 16.9 percent to be exact. These numbers reflect the continued uncertainty of consumers in the overall economy, not just that housing recovery is hesitating. While the ...