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How builders can support baby boomers in their second phase of life

Housing Wire

New construction in age-restricted communities is becoming a rising trend. According to the National Association of Home Builders (NAHB), the number of homes being built in age-restricted communities has grown significantly, since 2009, with about 6% of all new homes built for those either age 55 and older or 62 and older, as of 2022.

Design 346
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Two-Thirds of Homes Started in 2020 are in Community Associations

Eyes on Housing

According to data from the Census Bureau’s Survey of Construction (SOC), 67.1 This is a record high for the association percentage since the re-design of the SOC in 2009. percent of single-family homes started in 2020 were built within a community or homeowner’s association.

Legal 174
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Nearly Two-Thirds of Homes Started in 2021 are in Community Associations

Eyes on Housing

According to data from the Census Bureau’s Survey of Construction (SOC), 65.5 Since the re-design of the SOC in 2009, this was the second highest percentage for new homes started with an association. percent of single-family homes started in 2021 were built within a community or homeowner’s association.

Legal 167
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Are New Homes in Birmingham Getting Smaller?

Birmingham Appraisal

An Interesting Trend Among New Homes As a residential real estate appraiser in the Birmingham, AL market for over 30 years I have seen many changes in new home construction. Census Bureau, home size steadily increased from 1999 through 2008/2009, which we all know was when the housing market crashed.

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Fannie Mae Changes 2018

Robinson Appraisal Group

This form has been a requirement since 2009 as a tool to establish the increase, decrease or stabilization of markets in the aftermath of the housing crisis occurring between 2007 – 2010 due to sub prime lending practices. So what is the 1004MC form? This requirement applied to loans delivered to Fannie Mae.

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Appliances for FHA appraisals

Appraisal Today

= 32% of Homes for Sale in the Fourth Quarter Were Newly Built — Just Shy of the Record High Redfin reports new construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has decreased. Nationwide, 31.8% That’s comparable with 31.9%

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How to select appraisal comps

Appraisal Today

acre lot, built in 2009 This elegant, Georgian mansion is said to be owned by a former executive with ties to the Grey Goose vodka fortune. The 24-room residence was custom built in 2009 and is loaded with exquisite finishes. Classically designed to show a high degree of architectural integrity and balance. baths, 17,878 sq.ft.,