America’s Aging Housing Stock

Citing data from the American Community Survey, The NAHB’s Eye on Housing says the median age of owner-occupied homes in the U.S. is 39 years. They say this aging housing stock is signaling a growing remodeling market, as older structures will need to add new amenities, and repair/replace older components. They also point out that residential construction continues to fall behind in the number of new homes built. Continue reading HERE...