NBN Online for the week of September 4, 2006

(Plain Text Version) for full graphical version, click here.

In This Issue:

Front Page
NAHB, NAACP Hope to Shrink Minority Homeownership Gap
The Wrong Sub Can Seriously Disrupt Your Job
Free NAHB Video Shows Members How to Deal With the Media
Play Free Builders' Pro Football for Prizes and Fun
Share Nation's Building News With Your Staff. It's Free.
Coast to Coast
Slower Housing Market Spells Project Delays
Housing Forum
Letter to the Editor: Investors Are Not Gamblers
Politics & Government
Builders Step Up Push for House Storm Water Bill
Economics & Finance
House Price Appreciation Slows in Second Quarter
Mortgage Rates Drift to Lowest Point Since April 6
Tips
Builder’s Tip: A Methodical Approach to Blocking
Business Management
Feds on Lookout for Invalid Social Security Numbers
50Plus Housing
What Do Boomer Women Want From Builders? Lifestyle.
Multifamily
Rentals on the Rise as Condo Market Settles Down
Mary Anderson Receives HCCP of the Year Award
Katrina Recovery
KB Home First Big Builder to Return to New Orleans
Education
Want to Know More About Designations? Ask an Expert
Education Calendar
Sales
Enter The Nationals Sales and Marketing Awards by Sept. 29
Green Building
Entry Period Underway for Green Building Awards
Regulation
New Regulatory ‘Listening Sessions’ Scheduled
Legal
Ask the Lawyer: About When the Clock Starts for Employees
Labor
Popular HBI Superintendent Courses Coming to IBS
Building Products
Web Links Builders and Buyers During Production Cycle
TV
NAHB-Produced Programs on HGTV & DIY This Week
Association News
September Is Associate Member Appreciation Month
Take the Solveras Savings Challenge and Save; or Make $50
GM $500 Exclusive Offer for NAHB Members
UPS Offers Up to 30% Discount to NAHB Members on Shipping
Find Key Employees Through the NAHB Online Career Center
Fall Board Meets Sept. 13-17 in Salt Lake City
Calendar of Events
NAHB Career Center

What Do Boomer Women Want From Builders? Lifestyle.

Boomer women embrace their roles as household decision makers and want builders and manufacturers to connect with their lifestyles, according to an article in the summer issue of 50+ Housing Magazine, published by NAHB’s 50+ Housing Council.

“The 55- to 75-year old female has seen her role change from homemaker to purchaser of security, convenience and luxury items,” said Barbara Kleger, boomer author, president of 55+ Consulting and a member of the NAHB 50+ Housing Council. “She is more educated and more involved in decision making."

 
 

Barbara Kleger
55+ Consulting

“Women in this age group are the major decision makers not only for housing for themselves and their immediate families, but also for their elderly parents or in-laws,” Kleger added

Marketing to today’s 55+ woman means defining her needs by life stage and health, rather than chronological age, Kleger said. Women’s needs and desires differ depending on whether they are widows, empty nesters or have just retired. Being newly single, a caregiver to an aging relative, a grandparent or in a second marriage or new career changes things, too.

“Women expect to live a full and active life in retirement, and they want it to be the best it can be,” Kleger said. “In shopping for housing, women want to talk about quality and finishes and are very involved in customizing and choosing options.”

Kleger goes on to say that Boomer women see themselves as non-traditional, as far as lifestyle and leisure activities are concerned. Popular fitness activities like golf or tennis may no longer appeal to them.

“Today’s woman wants to spend her time doing things that exercise her mind, body and spirit.” Retirement, according to Kleger, signals a new beginning and a redefinition of the 50+ years, and this is especially true for women.

“If you ask a woman what she wants in her next move she will tell you in terms of lifestyle. This generation seeks adventure, education, self-improvement, personal growth and self-definition,” she said.

Kleger provided a quick list of what the 55+ woman is looking for:

  • Safety and security — Women want to know that maintenance and safety issues will be handled. A gated community may provide a sense of security.

  • Connections — More than ever, women want a sense of community, neighbors to talk to and things to do with them.

  • Convenience — More than just being close to family, shopping and familiar places, 55+ women want everything in their homes to be more convenient and easier than ever.

  • Balance and quality — It’s not just about lifestyle. Women want their own time and their own space, which can be a home office, media room, place to exercise, sunroom or all of the above. She wants it all — and she is often willing to pay for it.

  • Trust — Women need to feel confident that the people she is talking to, and buying from, will follow through on their promises.

  • Expression — Choice is important. 55+ women want to control the things they want. Selecting the options and upgrades helps express individuality.




Save the Date for 2007 50+ Housing Symposium

 

Mark May 30-June 1, 2007 on your calendars to attend the 50+ Housing Symposium.

The seniors housing symposium is the premier educational and networking event for industry professionals who serve the burgeoning 50+ market.

Visit www.nahb.org/build4boomers for more information.



Find Out What Boomers Want

Boomers on the Horizon: Housing Preferences of the 55+ Market,” available through BuilderBooks.com, can help you better build and market homes to this age group.

Capitalize on the niches, needs and opportunities of this rapidly growing market by learning their preferences. To view or purchase this publication online, click here, or call 800-223-2665.


 

Sponsored by
McGraw Hill
Construction

 
 
> Find and manage projects right from your desktop.
> Get your company listed in the new McGraw-Hill Construction Directory.
 
 

Sponsored by
Freddie Mac

 
 
> CEO Syron Puts Housing and Economic Trends in Perspective, Rejects Charge of Systemic Risk
> The GSEs and Housing Affordability: A Necessary But Not Sufficient Condition
 
 

Sponsored by
NAHB

 
 
> GM NAHB $500 Exclusive Offer
> Great DELL Products and Great Prices
> Save Up to 30% on UPS Shipping