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	<title>Lumina Services &#187; Housing Market</title>
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	<link>http://www.luminaservices.com</link>
	<description>Research Valuation and Advisory Services</description>
	<lastBuildDate>Fri, 23 Dec 2011 21:47:35 +0000</lastBuildDate>
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		<title>US Market Improving (slowly)</title>
		<link>http://www.luminaservices.com/2011/11/us-market-improving-slowly/</link>
		<comments>http://www.luminaservices.com/2011/11/us-market-improving-slowly/#comments</comments>
		<pubDate>Fri, 18 Nov 2011 19:35:49 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Seniors' Housing]]></category>
		<category><![CDATA[Aging]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=444</guid>
		<description><![CDATA[I know I do go on about the US market, but I find it endlessly fascinating. Of course that’s partly because there is so much data on the US market. We have so little data in Canada that it is usually quite difficult to figure out what’s going on. 
The chart below, courtesy of NIC, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Construction activity down but prices at high end up</title>
		<link>http://www.luminaservices.com/2011/11/construction-activity-down-but-prices-at-high-end-up/</link>
		<comments>http://www.luminaservices.com/2011/11/construction-activity-down-but-prices-at-high-end-up/#comments</comments>
		<pubDate>Fri, 04 Nov 2011 21:50:06 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Seniors' Housing]]></category>
		<category><![CDATA[Housing Development]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=440</guid>
		<description><![CDATA[The National Real Estate Investor just reported that 14,942 units of private pay service-enriched and skilled nursing facility beds are under construction in the US. That’s up modestly year-over-year although well below pre-recession levels. But it’s way below the peak of 1998, when an astonishing 57,800 similar units were under construction. Of course a lot [...]]]></description>
		<wfw:commentRss>http://www.luminaservices.com/2011/11/construction-activity-down-but-prices-at-high-end-up/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Lumina Group Newsletter Imminent!</title>
		<link>http://www.luminaservices.com/2011/10/lumina-group-newsletter-imminent/</link>
		<comments>http://www.luminaservices.com/2011/10/lumina-group-newsletter-imminent/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 21:03:29 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Future]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Market Studies]]></category>
		<category><![CDATA[Seniors' Housing]]></category>
		<category><![CDATA[Assisted Living]]></category>
		<category><![CDATA[Baby Boomers]]></category>
		<category><![CDATA[Housing Options]]></category>
		<category><![CDATA[Seniors]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=437</guid>
		<description><![CDATA[It’s been a long time coming (also one reason why there&#8217;s been a little bit of a drop off in my posting) but we will be in a position very shortly to launch our newsletter, called, perhaps a little unimaginatively, Industry Insights. 
We have actually produced the first issue, focused on affordability in service-enriched housing [...]]]></description>
		<wfw:commentRss>http://www.luminaservices.com/2011/10/lumina-group-newsletter-imminent/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Primary Market Areas</title>
		<link>http://www.luminaservices.com/2011/07/primary-market-areas/</link>
		<comments>http://www.luminaservices.com/2011/07/primary-market-areas/#comments</comments>
		<pubDate>Tue, 26 Jul 2011 20:32:40 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Market Studies]]></category>
		<category><![CDATA[Seniors' Housing]]></category>
		<category><![CDATA[Aging]]></category>
		<category><![CDATA[Aging in place]]></category>
		<category><![CDATA[Housing Development]]></category>
		<category><![CDATA[Market Study]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=429</guid>
		<description><![CDATA[Historically, market areas in the seniors’ housing industry in Canada have been defined for the service enriched segment of the market. Primary market areas (PMAs) are considered to be those areas from which 75-80% of the residents of a project will come. Sometimes radiuses are used, 10 miles being a popular one as in “This [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Interprovincial Migration to BC (no no it’s not boring!)</title>
		<link>http://www.luminaservices.com/2011/07/interprovincial-migration-to-bc-no-no-it%e2%80%99s-not-boring/</link>
		<comments>http://www.luminaservices.com/2011/07/interprovincial-migration-to-bc-no-no-it%e2%80%99s-not-boring/#comments</comments>
		<pubDate>Tue, 12 Jul 2011 17:11:00 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Future]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Seniors' Housing]]></category>
		<category><![CDATA[Aging]]></category>
		<category><![CDATA[Migration]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=427</guid>
		<description><![CDATA[Readers of my book and this blog will know that I have what is probably an unhealthy, or at least an unnatural, interest in migration patterns. But anyone who is interested in seniors housing markets, or indeed any other kind of housing market, should pay close attention to who is moving where and for what [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>And you thought the US housing market couldn’t get worse: reverse mortgages in default</title>
		<link>http://www.luminaservices.com/2011/07/and-you-thought-the-us-housing-market-couldn%e2%80%99t-get-worse-reverse-mortgages-in-default/</link>
		<comments>http://www.luminaservices.com/2011/07/and-you-thought-the-us-housing-market-couldn%e2%80%99t-get-worse-reverse-mortgages-in-default/#comments</comments>
		<pubDate>Wed, 06 Jul 2011 23:51:29 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Seniors' Housing]]></category>
		<category><![CDATA[Housing and Urban Development]]></category>
		<category><![CDATA[National Council on Aging]]></category>
		<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[US Housing Market]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=425</guid>
		<description><![CDATA[If you did think that that US housing market couldn’t get any worse, think again. 
Apparently a significant number of seniors who entered into  reverse mortgage arrangements to provide an additional income stream are facing the possibility of foreclosure and could lose their homes.  The problem is that reverse mortgage holders must pay [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>State of the US Housing Market</title>
		<link>http://www.luminaservices.com/2011/06/state-of-the-us-housing-market/</link>
		<comments>http://www.luminaservices.com/2011/06/state-of-the-us-housing-market/#comments</comments>
		<pubDate>Tue, 14 Jun 2011 18:49:41 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Future]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Seniors' Housing]]></category>
		<category><![CDATA[Baby Boomers]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=421</guid>
		<description><![CDATA[The Joint Centre for Housing Studies at Harvard University (JCHS) just released its 2011 State of the Nation’s Housing report. These reports are a gold mine of information on the US housing market. The 2011 edition makes for very sobering reading thanks to the ongoing impact of the Great Recession.
Single family completions in 2010 sank [...]]]></description>
		<wfw:commentRss>http://www.luminaservices.com/2011/06/state-of-the-us-housing-market/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>All you condo-sceptics out there take note:</title>
		<link>http://www.luminaservices.com/2011/06/all-you-condo-sceptics-out-there-take-note/</link>
		<comments>http://www.luminaservices.com/2011/06/all-you-condo-sceptics-out-there-take-note/#comments</comments>
		<pubDate>Fri, 10 Jun 2011 21:02:57 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Seniors' Housing]]></category>
		<category><![CDATA[Condominium]]></category>
		<category><![CDATA[Housing Development]]></category>
		<category><![CDATA[Service Enriched Housing]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=419</guid>
		<description><![CDATA[Some of you may have seen the inaugural copy of the Westbridge Group Valuation Partner/Lumina Services newsletter. If you haven’t seen it, it is pretty amazing even if I do say so myself. One of the articles discusses the question of condos with services—whether they make any sense from an investment point of view. Many [...]]]></description>
		<wfw:commentRss>http://www.luminaservices.com/2011/06/all-you-condo-sceptics-out-there-take-note/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>News from Saskatoon</title>
		<link>http://www.luminaservices.com/2011/05/news-from-saskatoon/</link>
		<comments>http://www.luminaservices.com/2011/05/news-from-saskatoon/#comments</comments>
		<pubDate>Thu, 19 May 2011 17:20:33 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Seniors' Housing]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=415</guid>
		<description><![CDATA[As I mentioned in my last post, I am working in Saskatoon this week. The seniors housing market here is very interesting. Vacancies are low and rents are high. The faith-based not-for-profit communities in particular, of which there are many, have extremely long waiting lists—many have stopped taking names. The for-profit communities aren’t in that [...]]]></description>
		<wfw:commentRss>http://www.luminaservices.com/2011/05/news-from-saskatoon/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Hidden Gems in Net Worth Analysis</title>
		<link>http://www.luminaservices.com/2011/05/the-hidden-gems-in-net-worth-analysis/</link>
		<comments>http://www.luminaservices.com/2011/05/the-hidden-gems-in-net-worth-analysis/#comments</comments>
		<pubDate>Tue, 10 May 2011 18:03:46 +0000</pubDate>
		<dc:creator>kmancer</dc:creator>
				<category><![CDATA[Future]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Life Lease]]></category>
		<category><![CDATA[Seniors' Housing]]></category>
		<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Home Equity]]></category>
		<category><![CDATA[Household Net Worth]]></category>

		<guid isPermaLink="false">http://www.luminaservices.com/?p=413</guid>
		<description><![CDATA[A few months ago CMHC released a report called Changes in Net Worth in Canada, 1990-2009. Although I am just as interested in net worth as the next person, the report does not exactly make for riveting reading. Notwithstanding, there are lots of  interesting bits and pieces of data. 
For example, the highest net [...]]]></description>
		<wfw:commentRss>http://www.luminaservices.com/2011/05/the-hidden-gems-in-net-worth-analysis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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