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New Face of Housing

Wednesday, August 18th, 2010
Excerpts from Denise Dersin, Builder Magazine, August 2010
 
  •  The Population of the US will grow by 100 million people by 2040.
  • 2010: 70% of households are without children
  • 2010: 28% of households married couples without children
  • 2010: 21% of households married couples with children
  • Gen Y (1981 -1999) will cause more first time home buyers from 2013 -2018 than ever before (Caution: Not necessarily in Fort Wayne,IN!)
  • WINKS (Gen Y women with incomes over $50,000/yr and no kids) will dominate urban landscape by 2015
  • Hispanics will soon be 40% of all first time buyers
  • 9 of top 15 home buying factors were “green concerns”
 
This information should cause us to wonder many things including how important schools will be in future buying decisions, what impact does this have on the size and design of homes, and most importantly, what are women looking for.  

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Fort Wayne Housing Market Analysis

Friday, August 6th, 2010

Watch this video (You Tube link below) for all of the latest information on the Fort Wayne Housing Market!

Housing Market “Skinny”
Video – 2nd Quarter 2010

 

To search Fort Wayne Homes for Sale visti our web site!

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A 35 unit senior apartment project planned for NW Fort Wayne underway

Monday, July 12th, 2010
The Village at Dawsons Creek will be a 35 unit project with two-bedroom homes and attached garages on the northeast corner of Till Road and Dawson’s Creek Boulevard, south of Dupont Road. The exterior facades will be homogeneous with the current exteriors of the villas at The Courtyards of Dawsons Creek with tan siding and coordinating stone. The covered front porches and the central park area will make for a great community atmosphere.
The project will be presented for approval Aug. 9 at a public hearing before the Fort Wayne Plan Commission.

U.S. Census figures show that 11.7 percent of the Allen County population is 65 years or older, but that number likely will grow based on national estimates. The Census Bureau says that the number of people age 65 and older will likely double in the next 25 years.

NPT Development is pleased to offer clients over the age of 55 multiple options for their housing needs.

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Posted in North Eastern Group News, Real Estate

New Home Sales Jump in March

Sunday, May 9th, 2010

Sales of new homes rose 27 percent in March compared to February, the U.S. Commerce Department announced Friday. It was the largest monthly increase since April 1963, when sales jumped 31.2 percent.

In addition, the National Association of REALTORS® reported last week that sales of previously owned homes rose 6.8 percent.

Economists attribute the figures to buyers taking advantage of the $8,000 tax credit scheduled to expire at the end of this month.

“In simple terms, housing is a bargain again, and buyers are responding,” Michael D. Larson, a real estate and interest rate analyst at Weiss Research, wrote in a research note. “That is unambiguously good news for the market going forward.”

Source: The New York Times, Christine Hauser (04/23/2010)

Find your new home at Fort Wayne homes for sale .

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