Monday, March 28, 2011

North Texas home prices at 1990s levels - Dallas Business Journal:

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According to the study, the growth of housing prices nationwide has been stilted byjob losses, fallinf home prices, tighter credit guidelines and first-time home buyeres who are looking for a more diverse pool of home optionws that contrast from propertiex built by the baby-boom “With the echo baby boom driving demand for starter homes and apartments and the baby boom powering demand for homes suited for oldetr Americans, the design professionals will be callefd upon to deploy new technologies and designsd to meet aesthetic tastes and functional needs of a new, more diverser younger generation on one hand and a generation in need of home modificationw to help them age more safelyh and healthfully in place on the other,” said Mohsejn Mostafavi, dean of the .
The echo which the housing study identifies as adults who are 25to 44, are expectedd to keep housing demand strong for the next 10 yearss with the group entering their peak buying yearas with roughly 5 million more members than the baby boomersa had when they entered the housing market in the the study said. .

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