{"id":478,"date":"2011-05-31T18:41:51","date_gmt":"2011-05-31T18:41:51","guid":{"rendered":"https:\/\/contractorslicensingschools.com\/blog\/?p=478"},"modified":"2011-05-31T18:43:21","modified_gmt":"2011-05-31T18:43:21","slug":"nahb-reports-builders-of-55-rental-units-see-future-market-improvement","status":"publish","type":"post","link":"https:\/\/contractorslicensingschools.com\/blog\/nahb-reports-builders-of-55-rental-units-see-future-market-improvement\/","title":{"rendered":"NAHB Reports: Builders of 55+ Rental Units See Future Market Improvement"},"content":{"rendered":"<p><a href=\"https:\/\/contractorslicensingschools.com\/\"><\/a><a href=\"https:\/\/contractorslicensingschools.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-481\" title=\"Retirment Living\" src=\"https:\/\/contractorslicensingschools.com\/blog\/wp-content\/uploads\/2011\/05\/Apartment-Building-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>Posted by NAHB May 16, 2011<\/p>\n<p><a href=\"https:\/\/contractorslicensingschools.com\/\">Builder<\/a> confidence in the 55+ housing market was markedly more upbeat in the first quarter of 2011 for apartment production and demand than for sales of single-family or condominium homes, according new data from the 55+ Housing Market Index (HMI), a quarterly NAHB report that tracks builder sentiment in the 55+ housing segment.<\/p>\n<p>The relative strength in the 55+ multifamily rental market is consistent with other indicators that suggest pent-up <a href=\"https:\/\/contractorslicensingschools.com\/\">housing<\/a> demand will be first unlocked in rental markets, pushing rental vacancies rates down and rents up. The relative weakness on the owner-occupied side of the 55+ HMI reflects ongoing weakness in housing, particularly for 55+ buyers who in most cases must sell their existing home before purchasing a new residence.<\/p>\n<p>The expected demand index for 55+ multifamily rental units rose 10 points, to 44, from a year earlier. A number greater than 50 indicates that more builders view conditions as good than poor. \u00a0The indices of current and <a href=\"https:\/\/contractorslicensingschools.com\/\">expected production <\/a>of 55+ apartments gained 7 and 8 points, up to 20 and 27, respectively, in the first quarter of 2011.\u00a0 The index measuring current demand jumped 11 points, up to 39.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Builder confidence in the 55+ housing market was markedly more upbeat in the first quarter of 2011 for apartment production and demand. The expected demand index for 55+ multifamily rental units rose 10 points, to 44, from a year earlier. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[204,205,206,208,207],"class_list":["post-478","post","type-post","status-publish","format-standard","hentry","category-industry-updates","tag-builder","tag-builders","tag-housing-market","tag-multi-family-units","tag-single-family-units"],"_links":{"self":[{"href":"https:\/\/contractorslicensingschools.com\/blog\/wp-json\/wp\/v2\/posts\/478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/contractorslicensingschools.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/contractorslicensingschools.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/contractorslicensingschools.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/contractorslicensingschools.com\/blog\/wp-json\/wp\/v2\/comments?post=478"}],"version-history":[{"count":0,"href":"https:\/\/contractorslicensingschools.com\/blog\/wp-json\/wp\/v2\/posts\/478\/revisions"}],"wp:attachment":[{"href":"https:\/\/contractorslicensingschools.com\/blog\/wp-json\/wp\/v2\/media?parent=478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/contractorslicensingschools.com\/blog\/wp-json\/wp\/v2\/categories?post=478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/contractorslicensingschools.com\/blog\/wp-json\/wp\/v2\/tags?post=478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}