Significant Rise In Housing Demand Over The Coming Decade

Dated: 01/31/2016

Views: 940

A recent study by the Mortgage Bankers Association shows that the economic & demographic changes in the U.S. Housing market will increase an additional 13.9 to 15.9 million households in the next 8 years. Millennials, baby boomers and Hispanics will be key in creating one of the largest building booms in history.


Impact on housing by demographics will include: an increase of 20 million more baby boomers than exist today, eighteen more more people age 18 – 44 (while generation X is being replaced by the bigger group of millennials) and there will be four million less people that are age 45 - 59 ( as boomers are replaced by the smaller population of Generation X).


The growth in the housing market in the U.S. could be the strongest ever seen by Realtors if this study proves accurate.

Latest Blog Posts

Stafford Market Update

Many of you have asked for an update on the Stafford Market. Here are the non waterfront stats. Check back tomorrow for an update on the waterfront!! 😁🏡Curious about your specific market?

Read More

Blood Donations Needed

Go to the American Red Cross website to see places and times so you can donate blood:    www.redcrossblood.orgHere are a few scheduled dates and places.........................

Read More

Family Time And Board Games Are Making A Comeback

 Out of all the craziness in the world today, there is certainly a HUGE positive coming out of it all.  Family time is back and its better than ever.  And what better way to enjoy the

Read More