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.
Andrew Block / Hanley Wood Marketing / September 5, 2013
When it comes to how people access, view and interact with content on the Internet, big changes are afoot.
In her latest Internet Trends Report, tech analyst Mary Meeker announced that 15 percent of all web traffic now comes from mobile devices — up from 10 percent in 2012.
For the first time in history, smartphones are poised to outsell feature phones.
And International Data Corporation predicts that by the end of 2013, tablet sales will exceed that of portable PCs.
In short, consumers are increasingly connecting to the Internet using smaller screens and devices. That means the challengeRead More
Brad Hunter / Metrostudy / August 29, 2013
Five years ago, housing’s story was one of excess. Today, it is about shortages.
The tightest market in the country (of the markets Metrostudy tracks) is San Diego, which was one of the markets to nosedive earliest and deepest. There is a 15.5 month supply of developed lots, based upon the last four quarters worth of lot demand. A normal level in that market would be closer to 30-36 months, particularly with that market’s high development hurdles.
The Texas markets figure prominently on this list. Texas has led the way throughout this recovery, with consistently strong demand. TexasRead More
Vince Giorgi / Hanley Wood Marketing / August 25, 2013
Take a minute and pull out your organization’s marketing plan and budget. Now scan down to the line item labelled marketing testing.What’s that? There is no line item for marketing testing?
That’s what I was afraid of.
With absolutely no data to back it up, I’m going to venture a guess that testing marketing might be today’s most underutilized tool for improving marketing.
I see and read quite a bit of research on what marketers are doing with their strategies and budgets. I can’t remember a time when I’ve read how active marketers are, or how much of their budgets they spend,Read More
Jonathan Smoke / Hanley Wood / August 23, 2013
The Commerce Department reported the first read of July new home sales this morning with a headline of a month-over-month 13.4 percent decline. The July number came in at 394,000, compared to the revised June reading of 455,000. Economists had been expecting a reading of 487,000, which would have been a 2 percent decline from the original June number of 497,000. Despite the eye-popping decline, the month-to-month change was not statistically significant, meaning that we should generally view the monthly trend as unchanged.
What is going on with these numbers? The Commerce DepartmentRead More
Madison Inselmann / Metrostudy / August 20, 2013
Forbes magazine recently released an infographic showing the top markets for expected job growth in the coming years. As has been the case for about eighteen months now, Texas continues to lead the way. The fact that Texas owns 7 of the top 10 spots is no surprise considering the energy boom that took off during the recession as well as the housing recovery that began about a year ahead of the nation’s residential return. This expected growth is encouraging for the local markets involved. Interest rates have shaken some of the consumer confidence that took so long to manufacture, evenRead More