Wednesday, October 1, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

Seniors and young adults will influence U.S. housing markets

By
From page OSF15 | June 26, 2013 |

Subscription Required

Thank you for reading the MtDemocrat.com digital edition. In order to continue reading this story please choose one of the following options.

Current Subscribers
If you are a current subscriber and wish to obtain access to MtDemocrat.com, please select the Subscriber Verification option below. If you already have a login, please select "Login" at the lower right corner of this box.

Subscriber Verification

Special Introductory Offer
For a short time we will be offering a discount to those who call us in order to obtain access to MtDemocrat.com and start your print subscription. Our customer support team will be standing by Monday through Friday, 8am to 5pm to assist you.

Call and Save! (530) 344-5000

If you are not a current subscriber and wish not to take advantage of our special introductory offer, please select the $12 monthly option below to obtain access to MtDemocrat.com and start your online subscription

Help?

Over the next two decades, the aging baby boomer generation will swell the nation’s senior population by 30 million. That demographic shift will likely help increase the supply of housing, since people over age 65 typically release much more housing than they absorb.

“The Northeast and Midwest are most likely to see a large number of older homeowners selling their homes to younger homeowners as the baby boomers age,” said NAR Chief Economist Lawrence Yun. “This increased supply could mean additional buying opportunities for echo boomers. That generation will absorb 75-80 percent of the available inventory of owner-occupied housing by 2020.”

The echo boom generation includes nearly 65 million people born between 1981 and 1995. NAR’s analysis illustrates the potential impact of economic and housing policy on this generation’s demand for housing as they come of age.

“Housing, jobs and the economy are inextricably connected,” said Yun. “A strong recovery with favorable housing market conditions would encourage substantial growth in echo boomer households, which would help absorb the current vacant inventory and stabilize conditions for residential construction. Under a reasonable ‘middle’ recovery scenario, approximately 12 million new households will be formed over the next decade, requiring construction of up to 15 million new housing units.”

Comments

comments

.

News

 
Winkler trial eyes autopsy, death of prior wife

By Cole Mayer | From Page: A1 | Gallery

King Fire containment expected by Saturday

By Dawn Hodson | From Page: A1 | Gallery

 
Foundation offering assistance

By News Release | From Page: A2

30 months for counterfeit money maker

By Cole Mayer | From Page: A3

 
.

Opinion

No on Measure N

By Mountain Democrat | From Page: A4

 
My turn: At the crossroads

By Special to the Democrat | From Page: A4

 
.

Letters

FAITH homeless lunch program denied

By Letters to the Editor | From Page: A5

 
Todd White is a dedicated public servant

By Letters to the Editor | From Page: A5

Movie disruption

By Letters to the Editor | From Page: A5

 
Hold elected accountable

By Letters to the Editor | From Page: A5

Food Bank distribution

By Letters to the Editor | From Page: A5

 
Psychiatric Health Facility

By Letters to the Editor | From Page: A5

Attorneys

By Letters to the Editor | From Page: A5

 
.

Sports

Better late than never for Bruins

By Jerry Heinzer | From Page: A6

 
Golden Sierra picks up first victory

By Mike Bush | From Page: A6 | Gallery

Trojans, D’backs at Stanford run

By Jerry Heinzer | From Page: A6

 
Outside with Charlie: Autumn is here

By Charlie Ferris | From Page: A6

Cougars split with McClatchy

By Democrat Staff | From Page: A6 | Gallery

 
El Dorado boys blanked 6-0

By Jerry Heinzer | From Page: A7

Roundup: Sept. 30, 2014

By Democrat Staff | From Page: A7 | Gallery

 
.

Prospecting

Good jokes for a good cause

By Pat Lakey | From Page: B1

 
Chili and cars bring out big crowd

By Mimi Escabar | From Page: B2 | Gallery

At a glance: Game on

By Mimi Escabar | From Page: B2

 
Farmers market to operate year round

By Green Acres Farmers Market | From Page: B2 | Gallery

Book sale at State Indian Museum in Sac

By State Indian Museum | From Page: B3

 
‘The End of the Line’ screens at Cozmic Café

By Coalition For Change | From Page: B3

Master Food Preservers: Easy apple jelly

By Monique Wilber | From Page: B3

 
Grow For It! Check the roots first

By Kit Smith | From Page: B3

Life as I know it: Summer of ’44

By Robert F. Boggus | From Page: B4

 
Rural niche producers meet demand

By Amador County Fair | From Page: B4Comments are off for this post

Sac State celebrates Anthem

By California State Unversity, Sacramento | From Page: B5

 
My time group to meet

By Senior Day | From Page: B5

.

Essentials

September 2014 weather stats

By Michael Raffety | From Page: A2

 
Crime Log: Sept. 18-20

By Cole Mayer | From Page: A2

Correction

By Wendy Schultz | From Page: A2

 
Correction

By Patrick Ibarra | From Page: A2

.

Obituaries

John Susoeff

By Contributor | From Page: A2

 
Elmer “Al” Rudolph Raanes

By Contributor | From Page: A2

Ronald James Carlon funeral notice

By Contributor | From Page: A2

 
Susan Diane Harasek funeral notice

By Contributor | From Page: A2

Tamara “Tammy” Arlyne Morgan Sullivan

By Contributor | From Page: A2

 
.

Real Estate

.

Comics

Long Story Short

By Contributor | From Page: A8

 
Flying McCoys

By Contributor | From Page: A8

Speed Bump

By Contributor | From Page: A8

 
Tundra

By Contributor | From Page: A8

Horoscope, Thursday, October 2, 2014

By Contributor | From Page: A8

 
Horoscope, Wednesday, October 1, 2014

By Contributor | From Page: A8

TV Lsitings

By Contributor | From Page: A8

 
Shoe

By Contributor | From Page: A8

Sudoku

By Contributor | From Page: A8

 
Rubes

By Contributor | From Page: A8

New York Times Crossword

By Contributor | From Page: A8

 
.

Breast Cancer Awareness 2014

Mammo Men wanted as Placerville turns pink for breast cancer awareness

By Marshall Foundation For Community Health | From Page: BC2

Journey of a breast cancer survivor

By Special to the Democrat | From Page: BC3

Autotronics puts the brakes on breast cancer

Press Release | From Page: BC4