Significant Rise In Housing Demand Over The Coming Decade

Dated: 01/31/2016

Views: 922

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

3 WAYS TOXIC CHEMICALS CAN SNEAK INTO YOUR HOME

By:  REBAC Staff Posted:  10/14/2019Your home is your castle, where you and your loved ones feel safe. However, despite your best efforts, you may be unintentionally inviting toxins

Read More

Understanding Homeowners Insurance And The LBI Real Estate Market

Understanding Homeowner’s Insurance and the LBI Real Estate MarketLong Beach Island Real EstateWhile flood insurance is the most commonly discussed form of protection for both buyers and

Read More

Additions And Renovations In The Long Beach Island NJ Real Estate Market

Additions and Renovations in the Long Beach Island NJ Real Estate MarketLong Beach Island Real EstateI am often asked about renovations and additions to homes in the LBI real estate market. While

Read More

Get An Early Start On Holiday Shopping

Want to get an early start on your Holiday Shopping?Head on out to the:Stafford PTOs2019 Fall Craft & Vendor FairSaturday, November 16th10am - 3pmOcean Acres School Gymnasium489 Nautilus Dr. - 

Read More