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HBADE Launches Regional 50+ Housing Council

We are proud to officially launch the Mid-Atlantic 50+ Housing Council!

50+ logo healine

 

NAHB economists have told us that a quarter of all new homes sold this year are forecast to be sold to people 55 and older. The number of homes sold to that age group is projected to grow every year for the following seven years, holding steady at about 250,000 homes a year until 2030.

 

That forecast highlights the fact that every builder is building for the 50+ housing market — now and for the foreseeable future. Even builders whose market has always been first-time, as well as move-up buyers in their 20s, 30s and 40s will have to understand that it’s the active mature market — aging boomers — who have the equity and the savings to easily purchase a more user-friendly home in their 50s, 60s and 70s.

 

Here’s the most important thing: Mature market buyers don’t want the same things that younger buyers want. So a builder who isn’t offering the features mature buyers expect — such as one-story homes that minimize stairs, homes with first-floor owner’s suites, high-performance energy-efficient homes or kitchens designed to minimize bending and reaching — won’t even be considered by at least a quarter of all new home buyers.

 

However, there’s good news. A group of builders who’ve been catering to this group of service-intensive buyers for years. The members of the NAHB’s 50+ Housing Council have a vault full of information on how these purchasers think, how they live and what they want.  Now they’re taking that energy and expanding it across the member spectrum to builders and associates!

 www.midatlantic50hc.org

Membership in the Mid-Atlantic 50+ Housing Council is open to all HBADE members and nearby Home Builder’s Associations members! More information and the application are available on our website:

www.midatlantic50hc.org

About HBA of Delaware

HBA/DE has been an integral part of the growth and economic development of the State of Delaware since 1947. HBA/DE was founded as a non-profit state affiliate of the National Association of Home Builders (NAHB) representing home builders and other businesses directly related to Delaware's Home Building Industry. Consisting of Builders, Remodelers and a group of diversified associate members, the Home Builders Association of Delaware strives to protect and preserve housing as a symbol of America. www.hbade.org

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