One of the hottest growing segments of the housing market is the baby boomer generation. Many of these individuals are retiring from their decades-long tour in the workforce and are looking to move to greener pastures to enjoy the relaxation promised in their retirement years.
Not only is this one of the hottest segments, but homebuilders are increasingly confident in this market for the prospect of building new homes. According to the National Association of Homebuilders, the confidence level for builders constructing single-family houses aimed at those aged 55 and older continues to stay in positive territory at a reading of 57 for the second quarter 2015. This represents the fifth quarter in a row the reading has registered above 50.Read More