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South Florida

Boomers to stay put

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The National Association of Home Builders, a trade group, reported that new home construction for people over age 55 will fall by nearly half in 2009. That could be a plus for South Florida, a leading market for so-called active-adult communities, which would retain a prominent position nationally. The NAHB said about 126,000 homes will be built this year for buyers 55 and older, down from about 249,000 last year.