Housing Giants - April 10, 2008 - (Page 26) • A massive home sell-off by retiring baby boomers could spur a significant contraction in the home building industry. • The existing supply of large-lot homes, mostly located in the suburbs, may already be sufficient to meet needs through 2025 in many parts of the nation. • Recent immigrants will be a significant force in the home buying market. • Single women will be increasingly active in the home buying market. • Though those over age 65 buy fewer homes than younger people, the enormous size of the baby boom generation means that senior citizens will be a major home buying group and could very well be a prime market for new construction. This three-part series examines changing U.S. demographics and the ramifications for home ownership patterns and purchasing habits. Part one provides an overview of trends of demographics. Part two looks in depth at the characteristics of different demographic groups pertaining to home ownership. Part three analyzes how changing demographics will impact home building over the next couple of decades. 26 HOUSING GIANTS.4.10.08 Minority growth might be uneven, but it’s significant a DYNAMISM IN U.S. DEMOGRAPHICS The next two decades are shaping up to bring drastic changes in the U.S. population. We will be growing older, becoming more ethnically diverse, continuing to migrate in large numbers to the Sunbelt and have more female headof-households. The U.S. population can be divided into many groups; for the purpose of analyzing the future home buying market, however, we’ll pay attention to these key groups: • Baby Boomers WWW.HOUSINGGIANTS.COM http://www.housingzone.com/probuilder/article/CA6491714.html?q=baby+boomers http://WWW.HOUSINGGIANTS.COM WWW.HOUSINGGIANTS.COM
Table of Contents Feed for the Digital Edition of Housing Giants - April 10, 2008 Housing Giants - April 10, 2008 Contents Viewpoint News and Moves Market CEO Spotlight The New Housing Demographics Housing Giants - April 10, 2008 Housing Giants - April 10, 2008 - Housing Giants - April 10, 2008 (Page 1) Housing Giants - April 10, 2008 - Housing Giants - April 10, 2008 (Page 2) Housing Giants - April 10, 2008 - Housing Giants - April 10, 2008 (Page 3) Housing Giants - April 10, 2008 - Housing Giants - April 10, 2008 (Page 4) Housing Giants - April 10, 2008 - Contents (Page 5) Housing Giants - April 10, 2008 - Contents (Page 6) Housing Giants - April 10, 2008 - Viewpoint (Page 7) Housing Giants - April 10, 2008 - News and Moves (Page 8) Housing Giants - April 10, 2008 - News and Moves (Page 9) Housing Giants - April 10, 2008 - News and Moves (Page 10) Housing Giants - April 10, 2008 - News and Moves (Page 11) Housing Giants - April 10, 2008 - Market (Page 12) Housing Giants - April 10, 2008 - Market (Page 13) Housing Giants - April 10, 2008 - Market (Page 14) Housing Giants - April 10, 2008 - Market (Page 15) Housing Giants - April 10, 2008 - CEO Spotlight (Page 16) Housing Giants - April 10, 2008 - CEO Spotlight (Page 17) Housing Giants - April 10, 2008 - CEO Spotlight (Page 18) Housing Giants - April 10, 2008 - CEO Spotlight (Page 19) Housing Giants - April 10, 2008 - CEO Spotlight (Page 20) Housing Giants - April 10, 2008 - CEO Spotlight (Page 21) Housing Giants - April 10, 2008 - CEO Spotlight (Page 22) Housing Giants - April 10, 2008 - CEO Spotlight (Page 23) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 24) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 25) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 26) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 27) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 28) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 29) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 30) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 31) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 32) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 33) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 34) Housing Giants - April 10, 2008 - The New Housing Demographics (Page 35)
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