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.
Sam Chapman and Yuliya Demyanyk / Federal Reserve Bank of Cleveland / May 2, 2013
Since the end of the recent financial crisis, individuals have been reducing the large amounts of debt that they had built up prior to the recession. Recent studies show that the percentage of individuals holding debt in 2012 is less than in 2000. (See this Census Bureau study and “Uneven Debt Burdens across the States”).
As of the end of 2012, 25.6 percent of individuals in a representative sample we analyzed have no debt. This fraction increased from 14.5 percent in 2000 and 17.3 percent in 2007. Forces driving this large deleveraging may include foreclosures, bankruptcy, decreased bankRead More
How Housing Matters Survey Finds American Attitudes Transformed by Housing Crisis, Changes in Lifestyle
MacArthur Foundation / April 3, 2013
After decades of equating homeownership with the American Dream, post-housing crisis realism about the risks and rewards of owning a home have led to greater support for rental housing and a more balanced approach in national housing policy, according to a new survey of housing attitudes released today.
The How Housing Matters Survey, a new national survey conducted by Hart Research Associates and commissioned by the MacArthur Foundation, found while financial markets, as well as homebuilding and home sales data, may suggest the prolonged housing crisis is over, the American public isRead More
Hanley Wood Chief Economist, Jonathan Smoke and Metrostudy Chief Economist, Bradley Hunter break down what you need to know about the 2013 Housing Market and if the recovery is sustainable. Originally presented at the International Builders Show (January 24, 2013)Read More
The 25th edition of the remodeling industry’s most important report contains data that compares construction costs for popular remodeling projects against the share of those costs recovered at resale. In addition to city data, the report includes tables with national and regional averages, as well as complete project descriptions, 3-D images and QuickTime movies for all 35 projects surveyed.
Please click here to visit the official Cost vs. Value Web site for detailed information and to download the report.Read More
National Association of Realtors / March 13, 2013
The National Association of Realtors® 2013 Profile of Buyers’ Home Feature Preferences examines the features buyers prefer when it comes to purchasing a home, as well as the differences in preferences when it comes to factors such as region, demographics and household composition. The survey captures buyers who purchased a home between 2010 and 2012.Read More