Building Market Intelligence

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Home Prices Have Been Rising for 3 Months, but Nobody has Been Telling You

Over the last 3 months, prices are up in 90 of the 97 markets we analyzed. The average price increase over the last 3 months is 1.1%, or a 4.5% annual rate. This is big news, so why isn’t anyone …

After 5+ Year Hiatus, Master Planned Community Development Picked Up in 2011

An improving U.S. housing sales picture and a flow of available financing allowed a number of large residential-commercial projects around the U.S. to break ground, reposition product offerings or resume development in the past 12 months. Starting up for new …

Building Product Manufacturers: A mitigated strategy to invest in the distressed real estate market.

We have been diving deeper into the Building Product Manufacturer space of the past year in order to provide our clients with a broader picture of the overall housing market. It has become clearer to us that this space offers …

Why $200K to $300K is the New Normal for Home Builders, Even in the West

Since new home prices peaked in 2007, new single-family sales of over $500K have been more than cut in half, dropping from 13% to just 6% of all new home transactions. During this time, sales of under $200K have risen …

Real Estate Consumer Research Reveals Why People Are Not Buying Now

Consumers value the importance of homeownership, as we detailed in our last newsletter about our real estate consumer research. So what is keeping them from buying today? More than 20,000 people who recently visited a new home community responded to our …

Survey Reveals People Still Want to Own a Home

We understand important buyer preferences because more than 20,000 people responded to our 2012 “What Do You Call Home?” survey. Today’s “new normal” requires great emphasis on consumer preferences and values that impact the home purchase decision. Understanding these details …

50 Top-Selling U.S. Master Planned Communities for 2011

The Villages, an active adult community in the Orlando area with 2,307 sales, was 2011’s top-selling U.S. Master Planned Community (MPC) according to John Burns Real Estate Consulting. The Villages was the top seller in our 2010 survey as well, …

Veterans Can’t get the Mortgages They Need

Our survey of 188 home building executives last month turned up a very interesting, and disturbing, finding. More builders are shying away from selling homes to Vets because VA appraisers have become so conservative that the homes rarely close. In …

Timing, Timing, Timing in 2012

There is no better time to find talent than today, so we are making a big addition to our management team, adding Carl Reichardt Jr. as our new Managing Director of Research. Carl will help translate all of the great …

Defending Our Optimism

Since our client webinar last January, we have been defending our realism, which was viewed as optimism by most of our clients, whether they are builders, developers, product manufacturers, private equity investors or public markets investors. We called for home …