National Housing Market Intelligence

During the last half of 2016, our team wrote 21 thought leadership reports on industry issues. We compiled these reports, which we call our Building Market Intelligence™ series, in an e-magazine you can view by clicking on the graphic below. …

Luxury home sales have increased, contrary to the opinions of most Wall Street analysts and press reports. Here are the facts: Sales of homes priced above $600,000 have risen in 37 of the 43 counties where we purchased the data. …

We held our semiannual client conference in New York last Wednesday, the day after the election. I have never seen the city as quiet as it was Wednesday morning (presumably because everyone had stayed up so late)—or as noisy as …

Our home-builder clients sell hundreds of homes every weekend to buyers with 5% down payments and below average credit scores. Yet, many middle-income households with average credit and access to a 5% down payment assume they cannot become homeowners because …

With public builders now comprising 34% of new home sales, we thought we would check in on the state of the industry by sharing our roll-up of their financial statements. The publicly traded home builders have shown tremendous discipline this …

As Hurricane Matthew heads toward the East Coast of the United States, our thoughts are with our team members, family members, and millions of others along the Southeast coast. Hurricanes obviously have a big impact on the construction business. Here …

Strong housing markets attract competition. Home builder competition in the 33 largest markets in the country has increased 6% over the last year to 8,336 new home communities. These communities represent about 40% of US new home sales. The increases …

Where are we in the housing cycle? This, by far, is the question we get asked the most. It’s often framed with the metaphor of a nine-inning baseball game: What inning are we in? This question implies that markets move …

Over the last 22 consecutive months, we have characterized the new home markets in three mid-Atlantic MSAs (Baltimore, MD; Philadelphia, PA; and Richmond, VA) as Cold, even though each posted the highest annual employment growth in July since (at least) …