Demographics Driving Single-Family Demand

The folks over at Arbor remind us that the average suburban home with a yard and a two-car garage may not be the first image that the word “rental” brings to mind, but single-family homes have quickly become one of the most sought-after rental sectors on the market....
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How Long Does it Take to Build a Single-Family Home?

The NAHB’s Eye on Housing recently took a hard look at building data from the U.S. Census Bureau and found that the average completion time of a single-family house is around 7.5 months – which normally includes about a month from authorization to start and then another 6.5...
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Median Age by U.S. County

The demographic makeup of any given area is vital for understanding the housing needs of its residents.  Today’s infographic from the U.S. Census Bureau gives us a nice snapshot of the median age of residents in every county in America.  Notice how it gets more purple the farther...
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Rise of the Older, Single Female Home Buyer

More and more older single women are purchasing homes at an increasing clip.  This interesting aspect of potential homebuyers was recently reported by the Wall Street Journal and reposted by Realtor.com.  Interestingly, the article points out census data showing that, since 1981, single women over 55 have been...
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Why Millennial Renters Choose to Buy

So what motivates millennial renters to take the plunge and buy a home?    The folks over at Keeping Current Matters took data from NerdWallet and laid out the top 5 reasons millennials are choosing to buy.  The top reason?  Control over their living space (93%) followed by followed...
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Top 10 Places Where Americans Live the Longest

According to the U.S. Centers for Disease Control and Prevention, the median lifespan of Americans is 79 years old.  However, as Realtor.com reports, there are many places in the U.S. where people regularly blow right past 80, are healthy and active, and seem to just keep on going.” ...
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Harvard’s 2018 State of the Nation’s Housing Report

Harvard’s Joint Center for Housing Studies recently released their annual State of the Housing Report – released annually since 1988.  They report that over 40 million housing units have been built over the past 30 years, accommodating 27 million new households, replacing older homes, and improving the quality...
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