November 27, 2012 

Today's Featured News

 

Mapping Where To Build Next

Wall Street Journal         

    

Now that homebuilding is picking up steam, with housing construction at its highest level in four years, builders are looking to Census numbers as one indicator of where demand will be greatest and for what housing products. According to this Wall Street Journal article, household formation is beginning to pick up, and most of these new households - students graduating from college, adult children moving out of their parents' basements, singles moving into new homes as they get married - will move into rental apartments or condos rather than detached single-family homes. Most of the top 20 cities expected to grow fastest in the next five years are the same ones that grew the most last decade, but there are a few surprises on the list.

 

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