A development planned for the southwest Chicago town of Oak Forest has big ideas for senior housing. Priory Estates, a plan of Weso Development, aims to build 110 duplex residences on 55 duplex lots, joining the ranks of Illinois’ age restricted housing communities. The community will be approved for people who are ages 55 and [...]

New housing developments may have stalled, but one area expected see additional growth in the next few years is communities targeted at Americans 55+ and older. David Crowe, chief economist for the National Association of Home Builders estimates housing starts for these communities will rise 30 percent from 2010.  While it’s still a relatively modest [...]

National Public Radio published a great series on one of the toughest questions the country faces when it comes to a growing older population. Should people stay and receive care in their home or move into a nursing home?  The investigative report dives into a bunch of issues and they did some impressive data work [...]

Wall Street is long on grannies says an article from the Economist. According to the article, there have been 46 acquisitions of nursing home operators worldwide since 2005 says Dealogic, a research firm.  Private-equity firms now own three of the five largest chains of homes in the United States, including the biggest, HCR ManorCare, which [...]

Research released by the National Association of Home Builders (NAHB) shows that benefits of housing related tax deductions, including mortgage interest deductions, generally decline in value as taxpayers get older. These findings are a counter argument to the claims that mortgage interest deductions exclusively benefit high-income households, as this research clearly shows that younger, first-time homeowners [...]

New data from a quarterly survey by the National Association of Home Builders’ (NAHB), 55+ Housing Market Index (55+ HMI), focusing on the association’s builder members in the mature-market housing sector, shows that builder confidence in the market has decreased during this year’s second quarter.  All areas surveyed dropped this quarter from the second quarter [...]