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.
John McManus / Builder / August 18, 2014
Housing’s recovery pattern, well-established over the past 18 months, since the downturn’s most dire days shook the cosmos in the latter half of the last decade, has virtually irrefutable definition. With the exception of a handful of markets fuel-injected by energy- and tech-driven jobs growth, the “rebound,” such that it is, has confined itself to places thick with people who are moving, purchasing, and buying new because they can rather than because they need to.
As a result, other than in those exceptional jobs-growth markets–Texas, Florida, Georgia,Read More
Brad Hunter / Metrostudy / August 11, 2014
We have been talking for years about the lot shortages that builders are facing. Now, it’s time to talk about how many lots are being developed. Builders and developers are now playing “catch-up,” with builders buying land and lots and developers/investors paving roads and putting in infrastructure to serve the builders’ needs at a frenetic pace.
The pace of lot delivery (completion, ready for the builder) has gone up 140% in the past two years, much faster than the pace of housing production has risen (+84%). Despite this increased pace, lot development STILL lags the pace ofRead More
Craig Webb / Remodeling / August 5, 2014
Think of Tom Rousseau as a surgeon for corporations with a specialty in marketing diseases. REMODELING’s parent company hired him a few years ago as executive vice president of strategic marketing services. In that job, he helps our sales team diagnose and cure sales ailments at building product manufacturers. But while Rousseau’s clientele often counts its revenues in the hundreds of millions of dollars, his way of looking at trouble in the corporate body can help cure what ails you, too.
Rousseau’s first advice is to stop trying to diagnose yourself with that standard questionRead More
Brad Hunter, chief economist of housing-research firm Metrostudy in Palm Beach Gardens, Florida, says data collected by his company “flies in the face” of government statistics that showed weak housing starts in the second quarter. Hunter talks with Bloomberg’s Tom Keene and Michael McKee on Bloomberg Radio’s “Bloomberg Surveillance.”Read More
John McManus / Builder / July 21, 2014
A new Pew Research study turned heads last week, and you can understand why. The study looks at household composition, and specifically at the eye-popping increase over the past 34 years in households that host multi-generational family members. The number doubled since 1980, from 28 million to 57 million–or upwards of one in five U.S. households, which is probably one of the most dramatic household demographic shifts since the era of the two-income household.
The Pew analysis, plus day-after reports in the Wall Street Journal by Laura Meckler, here, and Bloomberg/ BusinessWeekRead More