Promising times lie ahead according to builders of single-family homes for mature homebuyers. As reported by this quarter’s 55+ Housing Market Index (55+ HMI), recently released by the National Association of Homebuilders, single-family homebuilders for mature homebuyers are seeing an increase in traffic of prospective buyers. The component measuring traffic rose 5 points from last quarter, registering at 14 this quarter. However, while prospective traffic rose, sales traffic fell 5 index points to 12 from last quarter’s 17. The reason for this is that even though interest is peaking, homeowners are still wary of trying to sell their present homes in the current market state.
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