As 2016 Chair of NAHB’s 55+ Housing Industry Council, Jim Chapman was recently profiled in the Association’s online magazine, 55+ Housing: Meet the Chair.
In the article, he remarks about the 55+ market that “Homebuilding is still the tortoise in this race, but we’ll be seeing smarter builders and less volatility, for slow, steady growth for the foreseeable future.”
But that doesn’t mean the 55+ market is slowing down. “It’s now growing 4-7% a year – the fastest-growing component of the single-family sector.”
She writes: “Jim Chapman, president of Atlanta-area active adult community firm Jim Chapman Communities, estimates that in more than half of the homes in his communities, at least one member of the household still works. He’s also noticed a downward trend in the age of his homeowners, moving from 72 six to eight years ago to 62.”
Jim notes: “There’s this huge group of 60-85-year olds who…really very much want to live on their own, but they don’t want to maintain their yard and they don’t want to maintain their home. They want to buy a house that has maintenance free materials. They want a house that allows them to age in place.”
About Jim Chapman:
“Building Trust. Building Futures.”
Jim Chapman, an Atlanta native, started his own custom home building firm, Jim Chapman Fine Homes, in 1998 after earning an MBA from the Kenan-Flagler Business School at the University of North Carolina – Chapel Hill. In 2005, he began to also build and develop an active adult portfolio under the brand of Jim Chapman Communities. Currently, he is building under both brands throughout Buckhead, Vinings, Cobb, Forsyth, Fulton, Cherokee, Paulding and Douglas counties. His design partner, mentor and father, Jim Chapman Sr., is a well-known Atlanta architect.
James B. (Jim) Chapman, President
Jim Chapman Communities | Jim Chapman Fine Homes
2700 Cumberland Parkway, suite 130
Atlanta, GA 30339
770-434-3602 telephone | 770-434-3607 fax | 770-560-9167 cell
About the NAHB 55+ Housing Industry Council:
Since 1989, the 55+ Housing Industry Council has served the diverse needs of NAHB members involved in all aspects of 55+ housing, including development, finance, ownership, management, design, sales and marketing. It is the fastest-growing segment of the housing industry.
The NAHB 55+ Housing Industry Council supports members by providing nationally recognized education programs, industry research, networking opportunities, exclusive news and information, awards and recognition programs, and regulatory and legislative assistance to 55+ housing professionals.