A member of the National Association of Home Builders (NAHB), Traditions of America focuses on customizable 55+ housing communities for people who want to maintain an active lifestyle. Known for offering resort-syle recreation amenities in its developments, Traditions of America has earned numerous recognitions from the NAHB 55+ Housing Industry Council.
A recent NAHB report shows that builder confidence in the single-family, 55+ housing market remained positive through the second quarter of 2018, increasing one point to 67. The report surveys builders on current sales as well as anticipated six-month sales and prospective buyer traffic. The builders use ratings of good, fair, or poor conditions in their areas.
Compared to a survey completed in the first quarter of 2018, 55+ home sales on the NAHB scale increased from 70 to 73 points. A strong economic outlook and rising homeowner assets are expected to drive continued home purchases in 55+ active adult communities. As long as builders can manage rising lumber costs, they will be able to continue offering homes at competitive prices, advised NAHB Chief Economist Robert Dietz.
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