As homebuyers age 55 and older buy new homes, existing home inventory increases

Printer-friendly version
September 04, 2014

Top home builders such as PulteGroup, Lennar, and Toll Brothers report brisk sales for their active-adult homes, Investor Business Daily reports.
 
For example, PulteGroup’s active-adult sales rose from roughly 4,100 homes in 2011 to approximately 5,300 in 2013, and interest continued into 2014. A positive side-effect is that with these older homebuyers looking to move into active-adult homes, they sell their old homes, adding more inventory to existing homes, NAHB Director of Economic Services Stephen Melman points out.
 
Read more

Comments on: "As homebuyers age 55 and older buy new homes, existing home inventory increases"

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init