Pent-Up Housing Demand

One of the most important stories of last year and 2012 is the growning phenomenom of pent-up housing demand.

NAHB research estimated 2.1 million missing but expected households 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. This will lead to increased demand for rental housing and eventually emerging as prospective homebuyers. - Courtesy of NAHB