Monday, September 22, 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

Georgetown smoky but grateful

By Dawn Hodson | From Page: A1 | Gallery

 
Signs subject to removal

By Cole Mayer | From Page: A1

King Fire structural damage confirmed

By Dawn Hodson | From Page: A1 | Gallery

 
Accused arsonist pleads not guilty

By Cole Mayer | From Page: A1 | Gallery

 
County releases wildfire smoke advisory

By News Release | From Page: A3

 
Community shows appreciation to firefighters

By Wendy Schultz | From Page: A3 | Gallery

Sept. 23 is National Voter Registration Day

By News Release | From Page: A9

 
.

Opinion

Home country: The backhoe pro

By Slim Randles | From Page: A4

 
Discouraging fire

By Mountain Democrat | From Page: A4

The balancing act: Is it incompetence or arrogance?

By Larry Weitzman | From Page: A4

 
.

Letters

Thank you Rotary Club of Placerville

By Letters to the Editor | From Page: A5

 
Earth is dying

By Letters to the Editor | From Page: A5

Mather noise

By Letters to the Editor | From Page: A5

 
Beautiful flock

By Letters to the Editor | From Page: A5

Development not new

By Letters to the Editor | From Page: A5

 
Militarized police

By Letters to the Editor | From Page: A5, 1 Comment

.

Sports

El Dorado stays perfect after 42-0 win

By Mike Bush | From Page: A6

 
Sports Scene: Sept. 21, 2014

By Democrat Staff | From Page: A6

Schedule: Sept. 22-27, 2014

By Democrat Staff | From Page: A6

 
Oak Ridge loses to Reed

By Scott Warden | From Page: A6

Golden Sierra suffers first loss

By Jerry Heinzer | From Page: A6

 
Lady Trojans tame Woodcreek netters

By Mike Bush | From Page: A6 | Gallery

Union Mine gets victory in home opener

By Mark Devaughn | From Page: A6 | Gallery

 
Roundup: Sept. 20, 2014

By Democrat Staff | From Page: A7 | Gallery

Ponderosa falls to Timberwolves

By Brandon Anicich | From Page: A7

 
D’backs stumble against Bear River

By Jerry Heinzer | From Page: A7

.

Prospecting

Foothill dining: Avacados are good

By Donna Brown | From Page: B2

 
Montessori students win at Nature Bowl

By Special to the Democrat | From Page: B2

Off to España

By Noel Stack | From Page: B2

 
Local students honored with scholarships

By Calrta Rta | From Page: B2

As we were: All shook up

By Ken Deibert | From Page: B3

 
Amador Fair auction sets records

By Amador County Fair | From Page: B3

Find exceptional names and more

By Wendy Schultz | From Page: B4

 
Workshop to help with communication

By News Release | From Page: B4

Arbor Day Foundation offers cypress trees

By Arbor Day | From Page: B4

 
Plans to light Pink the Night

By Marshall Foundation For Community Health | From Page: B10

.

Essentials

DUI Log: Sept. 11-14

By Cole Mayer | From Page: A2

 
Crime Log: Sept. 6-8

By Cole Mayer | From Page: A2

.

Obituaries

Gloria A. Williams

By Contributor | From Page: A2

 
Robert “Bob” Lee Rigler

By Contributor | From Page: A2

Robert E. Wentland

By Contributor | From Page: A2

 
Carlice Williams death notice

By Contributor | From Page: A2

James R. “Jim” Owens funeral notice

By Contributor | From Page: A2

 
Robert “Bob” Sherwood

By Contributor | From Page: A2

Dorothy B. Rhoades

By Contributor | From Page: A2

 
.

Real Estate

.

Comics