Welcome Back Readers,
Good news is upon us with new senior housing facilities sprouting up nationwide. Whether members of the 50-plus community decide to age-in-place or partake in the growing trends of multigenerational housing, options have been made readily available with the current low mortgage rates and loose underwriting requirements.
And with these low mortgage rates, the 50-plus market is booming with business. As the Baby Boomer generation begins to house senior living developments, they are better able to qualify for mortgage loans and are more likely to sell or rent their existing homes in order to move in to a more comfortable community.
To illustrate the types of communities that remain accessible to today’s senior sector, the editorial staff has compiled three proficient, aesthetically-pleasing communities that showcase the in-demand qualities that today’s seniors look for. Among them include assisted living, active-adult, and skilled nursing communities.
Oak Hill by Round Lake Beach L.P. brings seniors active living while The Palace at Coral Gables builds luxury into the mix and affordability is showcased through Withee Malcolm’s Del Rey Square. All of which prioritize the unique needs necessary to house the 50-plus market, which has resulted in a major industry boost.
Knowing the type of homes, amenities and features that Boomers are looking for is imperative for builders to know in order to cater to their needs. This issue is jam-packed with useful tools for the 50-plus building professional. We’ve included our annual 2012 Sourcebook — a collection of the finest home builders — and a wealth of columns that offer cutting edge advantages, from design trends to marketing techniques.
Highlighted in this issue are the superior senior housing products that should be of option to Boomer residents. Showcasing Belgard, Pine Hall Brick, Milgard, among others, our audience should obtain the 50-plus building knowledge necessary to help accommodate senior living practices.
Further back in the issue Robert H. Karen of the NAHB’s 50+ Housing Council gives insight on the current state of the 50+ housing market. Here he discusses the benefits of going green as well as important kitchen trends for seniors.
So here’s to a happy reading endeavor; we can only hope you enjoy the content as much as we enjoyed producing it. And remember, it all starts with a conversation, so please feel free to contact me at any time to discuss new developments.
Until next time!