Northeast Regional Intelligence

Here you will find all of our articles with topics that cover the Northeast Region.

2015 Mid-Atlantic Sales Disappoint

In early November, 10 residential homebuilding executives in the mid-Atlantic area shared their thoughts on the state of their local markets based on sales performance in the third quarter. Albeit a small sample, the responses provide some insight into the …

Housing Market Fall Classic

“Never let the fear of striking out get in your way” – Babe Ruth October is here: the leaves are changing, jack-o-lanterns are carved, and builders are preparing to hit year-end sales goals. October, of course, is also home to …

Focus on the Mortgage Payment to Sell More Homes

Thanks to low mortgage rates, the monthly costs of homeownership in the Washington, DC MSA are among the lowest in the last three decades. If rates rise, as the bond market seems to suggest will happen, and prices and incomes …

Breaking Down the Market: Developing Strategies by Comparing Submarkets

Within an MSA, there are often submarkets where careful risk/reward analysis says you should: buy land and build more homes in one submarket sell your land holdings in another submarket, and be more aggressive with price appreciation assumptions in a …

Market Trends: Don’t Overlook Baltimore

After five years of its home value appreciation rates lagging those in the Washington MSA, Baltimore area appreciation rates are expected to nearly match Washington’s in 2014. The Burns Metric of the Month According to the Burns Home Value Index™, …

Washington, DC Area Economy – Navigating the Shutdown and the Sequester

As a 19-year veteran of the Washington, DC housing market and head of a DC-based consulting practice, I have plenty of experience dealing with the federal government’s impact on the local housing market. With federal government employment and spending making …

Watch Out for Washington!!!

Elected and appointed government officials have a tremendous track record of making a huge difference in housing, both positive and negative, as evidenced by the timeline below. The series of policies that started with the 1992 GSE Act and culminated …

Boston Poised to Stabilize

Prices in Boston have corrected to 2002 levels, and we expect relatively flat prices this year and slowly rising prices over the next few years. Digging down deeper into the MSA, the low end of the market is stabilizing, while …

DC’s Economy Went South, Despite Government Hiring

While DC’s job losses since the downturn began have paled in comparison to other markets, recent trends are not good. We report this because the industry buzz is that the Washington DC economy is on the mend, but this is …