In new data by National Association of Home Builders finds that households headed by those 55 and over account for more than 30% of all households in America. Builder magazine’s editor-in-chief John McManus, breaks down what this data means for the future of home ownership and remodeling.
What does this mean for remodelers? Expect to see a trend in remodeling projects for an elder population. Projects will involve downsizing of homes, more open floor plans, renovations to accommodate more mobility not involving stairs, and easier accessibility.
Read the full analysis by clicking the link below.