Many are expecting Baby Boomers to be the next wave when it comes to housing demand and those in the housing industry are taking notice, Bloomberg News reports. Because of that some homebuilders are shifting their focus from starter homes to property features that will appeal to move-up and downsizing buyers. Read more about the trend from NAR’s Daily Real Estate News.
In other headlines:
18 Senators, mortgage bankers tell HUD: Time to lower FHA premiums – HousingWire
Millennials’ version of the American Dream – Chicago Tribune