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Tag Archives: Baby-Boomers
Boomers, Housing, and Jobs
Even though housing peaked in 2005, commercial real estate temporarily picked up where residential housing left off. That combination kept employment high with countless Home Depots, Lowes, Pizza Huts, etc, adding jobs for two years even as housing went into a tailspin. Continue reading
What We Know, And Don’t Want To, About Housing
Basic supply and demand suggests that prices must fall as supply far exceeds demand. Since Baby Boomers will be downsizing and defaulting for years to come, the supply of homes for sale could easily expand beyond today’s inventory. Continue reading
Dave Rosenberg: Housing is in Secular Decline
In today’s “Lunch with Dave”, Gluskin Scheff’s Dave Rosenberg shares some concerns on housing: GRIM OUTLOOK FOR THE HOUSING SECTOR Even though housing starts have been cut all the way down to around 600,000 units at an annual rate, historic … Continue reading
Housing Headwinds and Baby Boom Demographics
Bubble valuations and Baby Boom demographics both suggest housing prices have a long way to fall. Combine home prices that are still at bubble heights with the demographics of aging baby Boomers dumping McMansions and you get massively rising supply … Continue reading
Posted in Best Of The Storm, Economic News
Tagged Baby-Boomers, Home Prices, Inflation, Mortgage Delinquency Rates, Recovery
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New home interiors adapting to a changing market
With discounted short sales and foreclosures continuing to dominate most local housing markets, new homes not only have to be competitively priced, but offer updated design cues and interior amenities. Continue reading