Source: NAHB Eye on Housing
Top 2011 Posts: Research on Pent-Up Housing Demand
With the end of 2011 approaching, the contributors of NAHB’s Eye on Housing thought it would be useful to take a look at the updates that attracted the most readers over the last year.
One of the most important stories of 2011 (and 2012) is the growning phenomenom of pent-up housing demand.
In February, an NAHB research paper quantified this “shadow demand.” Using Census data we estimated 2.1 million missing but expected households that have been delayed due to the Great Recession.
As the economy and the job market improves in 2012, these potential households, now doubled-up and living with family members, will be unlocked, leading to increased demand for rental housing and eventually emerging as prospective homebuyers.
URL to original article: http://www.builderonline.com/builder-pulse/do-you-believe-in-pent-up-demand-.aspx?cid=BP:010312:JUMP
For further information on Fresno Real Estate check: http://www.londonproperties.com
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