News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Warren Nesbitt, Senior Vice-President Residential Construction Programs / Nov 24, 2014
As we wrap up our year and assess how it went (you’re probably doing the same thing right about now) we’re impressed with how our events performance outpaced the market’s growth. We see it as an indicator of good things to come in 2015.
This year we successfully launched a purchasing conference for builders, re-launched our show home business (The New American Home and Greenbuild LivingHome) and posted records for our Housing Leadership Summit, Multifamily Executive Conference, Vision 2020 Sustainability Summit and AHF Live Conference. We ran more custom events this year than everRead More
Brad Hunter / Metrostudy / November 19, 2014
Taken in total, the housing starts data paint a picture of boring, flat, lackluster performance in 2014. Dig deeper into the data, however, and you see a much more dynamic picture. The year is not over yet, but from the data we have collected first-hand, on nearly 100 metropolitan statistical areas in the country, we see markets ranging from a 21% decline in the past four quarters to a 45.8% increase!
Let’s look at a few of the stand-outs. The data below indicate the percentage change in single-family detached starts from 3Q13 through 3Q14.
In Southwest Florida, the Naples/Ft. Myers market’sRead More
In a recent post to his GatesNotes blog, former Microsoft Co-Founder Bill Gates wrote about the future of global consumption and a theory called, “relative dematerialization.” This theory suggests that, as innovation lets us make a given product more efficiently, with fewer materials or energy, prices go down and consumption goes up. Someone figures out how to make cell phones with less metal, which makes them cheaper, which makes them more widespread. Less metal per phone, but more phones, so more metal overall.
Consider that, in our industry, steel and concrete are much cheaper to produceRead More
Brad Hunter / Metrostudy Report / November 4, 2014
As we approach the end of the year, it is always important to start to imagine what next year will look like for housing. I think about that question every day, debating it, analyzing it, looking at the data, and imagining different scenarios.
Over the past few years the public on builders have been announcing that they have wanted to increase their community counts. To that end, large amounts of land were bought in 2012 and 2013 that are now being seen in the data as new lot “deliveries.” We are seeing strong increases in new lot development in markets all around The country. (“Lot deliveries”Read More
Katie Gloede / BUILDER / November 3, 2014
The creative class, made up approximately 7.9 million Americans from artists to architectural engineers in three different categories, is characterized by young intermetropolitan mobility, according to a 2013 paper by Charlynn Burd of the US Census Bureau. The creative class categories include “analytic,” ranging from the biological and computer scientists, “synthetic,” ranging from architects to engineers, and “symbolic,” including artists, musicians, and the like. The creative class is most mobile during the age range from 25 to 39 whenRead More