Items Tagged with 'Joint Center for Housing Studies'

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  • Older homeowners are driving the home improvement market

    Harvard study says Baby Boomer spending on accessibility improvements will soar
    Armed with record amounts of home equity and an expressed desire to remain in their homes as they age, older homeowners are driving the home improvement market. A recent study by the Joint Center for Housing Studies at Harvard University revealed that households 55 and older account for half of all current home improvement spending. And, as Baby Boomers reach their 70s and 80s, researchers say their investments in home modifications to enhance accessibility will soar.
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  • A Bright Spot in Harvard Housing Study

    A study released by the Joint Center for Housing Studies at Harvard University continues to paint a bleak housing market picture.  However, although The State of the Nations's Housing 2011 report highlights a "Rocky Road to Recovery," it also points to a potential bright spot for the senior housing market.   The study points to many of the same concerns of other recent housing reports.  Home vacancy rates remain high, the number of vacant homes held off the market continues to climb, new construction is at a virtual stand still, new home sales continue to set new lows and
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