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Communities across the country, particularly those that are popular among retirees, are seeing an influx of older residents as a “silver tsunami” — based on population rather than housing inventory — prepares to wash over them. By 2050, however, these numbers are expected to increase significantly to nearly 1.4
While inventory levels are still low, at around a month and a half of inventory, in some smaller market areas in Cuyahoga County, and surrounding counties, I am seeing inventory levels increase rapidly in the past month. Inventory levels are increasing in this market area. Inventory levels are also increasing.
Peak 65 serves as an historic demographic milestone of the new paradigm shift that is changing every aspect of the housing market , finance, retirement planning process and the fragile supply/demand balance of housing inventory for real estate at large. We are living in a watershed moment in history. Builders are not keeping up with demand.
Josh Mettle: (1) Housing will continue to appreciate (albeit at a slower pace) until the supply of housing reaches balanced inventory levels. HousingWire: What are 2-3 trends that you’re closely following? It appears homebuilders will need a minimum of 3-5 years before they catch up. (2)
power generation share of renewables will increase from 21% to 44% from 2022 to 2050. Overall, the EIA January 2022 monthly inventory of electricity generators showed that developers and power plant owners expect 46.1 In 2020, Mayor Ginther announced his goal for the Columbus, Ohio community to be carbon neutral by 2050.
A climate-risk assessment published by the Risky Business Project estimated that between $66B and $160B worth of real estate will be below sea level by 2050. Inventories are on the rise, so much so that one area is now considered a buyer’s market. Inventory levels are mounting in King, now at 1.9 Inventory stands at 1.8
Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.
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