Building Market Intelligence

Watch out for a housing renaissance in the Chicago metro area. The region massively overcorrected in this last downturn and just recently joined the recovery. New home revenue fell 91% from 2005 to 2010, and most private builders went out …

Year in Review 2013 was a very interesting year for housing and can be characterized by three periods: 1. January through May boom. Sales were so strong that flippers returned to the market. Home builders pushed prices high enough to …

The Home Price / Income chart below has recently been used by a number of bears to point out that US home prices are overvalued. One analyst has even created a 100-year version of this chart. To conclude that home …

New home sales reportedly spiked in October. Huh? Builder stocks spiked right after the Census Bureau release Wednesday morning, and we are sure that many believe we are in a strong housing market again because of the headlines. On Fox …

As a kid, I remember the Apollo lunar module losing all communication for about one hour as it orbited around the back of the moon. We all held our breath for that hour, waiting to hear that all was okay.* …

But should they? Every time I attend a conference I learn something. Last month, legendary Inland Empire investor Bruce Norris held a charity event for 500 people with a number of top analysts. He estimated that at least $1 billion …

While the national story is slow and steady job growth, the local story is much different. The US is a mix of rapidly accelerating and decelerating economies. The larger markets, particularly in the South, are growing faster than the smaller …

It is hard to say that housing is still a great deal. While mortgage rates remain near historical lows, home prices have come back strong. Thanks to strong price appreciation, the ratio of Median Home Price / Median Household Income …

Gerri Willis and I discussed housing on Fox Business this week. I have known Gerri for a long time, as she was a housing industry reporter early in her career and even wrote a couple books on housing investment. Here …