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This month’s meeting will be a panel presentation from industry experts in the housing market. We will be looking at the current state of the residential market in two parts:
Part One: How we got here -housing shortage driving up home prices and rental rates—impacting Tucson’s affordability.
-New household formation – millennials moving out of parents’ home, finally, after the housing crisis. Large demographic group
-Life stage changes – empty nesters selling their family homes and moving down to smaller homes nearer amenities
-More recent increase in in-migration from wealthier communities
-Two large buyer groups competing for same home in urban/exurban setting + large investor activity for single family resident rental homes
Part Two: How do we solve the housing shortage . . .
The link to join the meeting will be sent out the evening of the 18th, to those who have registered. Registration ends at 5 PM on February 18th, 2021.
This month’s breakfast is sponsored by Westland Resources!