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Active adults boost local housing market
Some say developments for 55 and older may end market slump
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John Snyder, former president of the homeowners association at Cresswind at Lake Lanier, stands Thursday in front of the nearly completed clubhouse at the Gainesville active adult community. Developments geared toward the 55 and older community seem to be a bright spot in the housing market. - photo by SARA GUEVARA
National news on the housing market continues to offer mixed signals. But for one Gainesville community once rocked by the recession, business is booming. Cresswind at Lake Lanier, previously Seasons on Lanier before its developer went bankrupt, sold 15 new homes in March.