Thursday, April 25, 2013

Active Adult Market Improving

There are more signs that the housing market is improving. A small active adult community is being planned for construction in northwest Virginia. This new community, called River Crossing at Spring Arbor, will be located in Spotsylvania County. There will be an age restriction of 55 or older. The community will contain 33 single family houses and 30 villas.

Construction has also begun for Carolina Arbors in Durham North Carolina, which will be managed by LandArc. This is another sign that the housing market is improving and builders are more willing to invest their earnings in constructing active adult communities to support the lifestyle of retirees.

For more information about River Crossing at Spring Arbor, click here:

http://news.fredericksburg.com/businessbrowser/2013/04/12/active-adult-community-planned-in-spotsylvania/#

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