Building Market Intelligence

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The Sharers: We Are Tired of “Sharing” Our Parents’ Spare Bedroom!

I am a Sharer. At JBREC, we use the term Sharer to mean someone who was born in the 1980s and who is currently 26–35 today. There are 44 million of us in the US, and I have outlined our defining characteristics below: …

Starter Home Solutions in Expensive Markets

High land prices in good locations generally force builders to build expensive homes. However, a number of builders have figured out how to build and sell entry-level homes to a growing demographic group. Builders are capitalizing on the rising number …

Mid-Atlantic Home Builder Report on Summer Challenges

It appears that summer doldrums fell upon 68 residential home building executives, developers, and private equity investors who responded to our quarterly Sentiment Survey in the second quarter of 2016. Survey respondents, dominated by industry experts from Virginia and Maryland, …

A Cloudy Start to 2016 in Southwest Florida

Southwest Florida had a banner year in 2015 for new home sales, with Naples recording an 18.4% increase in volume YOY and Fort Myers notching a 10.1% increase. Builders in Florida’s retirement housing hot spots count on the early months …

Santa’s Not the Only One Hanging Out on the Roof

Stylish new roof deck designs are wowing buyers and adding tens of thousands of dollars in revenues per house for new home builders. Across the nation in such diverse markets as the Pacific Northwest, Southern California, the Southwest, Texas, and …

1Q 2016 Sentiment Survey

Beginning its third year of gauging housing sector sentiment in the Mid-Atlantic region, JBREC received 61 responses from residential home building executives, developers, and private equity investors to its most recent Sentiment Survey. Respondents from Virginia Beach to Vermont shared …

Suburbs Experienced Higher Density Development in 2015

Multifamily development activity surged during 2015 in DC’s suburban counties, while single-family development (including townhomes and detached homes) cooled in the core market areas. Along with continued multifamily activity in the most densely populated counties, we saw significant increases in …

Why the Inland Empire New Home Market Lost Its Momentum

New home sales rebounded in the Inland Empire in 2012 and 2013, only to fizzle in 2014 and into mid-2015. What happened? After massive job losses during the late-2000s downturn, positive job growth resumed in the Inland Empire in 2011. …

Will Boomer Homeownership Fall?

We believe it will. Seven of us attended the National Multifamily Housing Conference, one of the most informative conferences of the year. Landlord after landlord mentioned the surprising surge in older renters, many of whom sold their home and chose to …

What You Need to Know about Fauquier County Land Deals

Knowing your target market when making land deals is key. According to the American Community Survey (2006–2010), movers aged 20 to 34 (typically first-time home buyers) dominated the pool of people moving to Fauquier County (56%). Movers aged 35 to …