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.
Dionne Searcy / The New York Times / February 24, 2015
In the initial years after the collapse of the housing bubble, a severely wounded industry focused mostly on putting up more affordable duplexes and other multifamily housing, including rental apartments.
But some economists say that demand for multifamily construction is leveling off. Home price appreciation in general is slowing as well; the Standard & Poor’s/Case-Shiller index report on Tuesday showed a pace of growth in the single digits.
In this environment, builders are turning to the wealthy as the most reliable market on which to place their bets.
“That buyer is financiallyRead More
John McManus / BUILDER / December 1, 2014
Here at what we’ll suggest may be the very end of the beginning of our fits-and-starts recovery from what was the worst housing downturn in anyone’s memory, two kinds of private home builders still subsist in what continues to be a challenging landscape.
One kind—by virtue of a financial investor Sugar Daddy or maybe because of the deep-pocketed wherewithal of company principals—poises itself for more hard-won, brass-knuckle growth in 2015, drawing on a capital structure that gives it options, the ability to spring for a sound opportunity, and, most important, time. This kind isRead More
Paul Emrath / Eye on Housing / November 6. 2014
Builder confidence in the 55+ housing market was up again in the third quarter, according to the latest release of NAHB’s 55+ Housing Market Index (55+HMI). The 55+ HMI release contains separate indices for single-family homes and multifamily condominiums. Each is a weighted average of three components: present sales, expected sales, and traffic. The numbers are not seasonally adjusted, so they should only be compared year over year. On that basis, both were up in the third quarter.
The single-family 55+HMI jumped nine points from the third quarter of 2013, to 59—theRead More
Charlotte O'Malley / BUILDER / November 3, 2014
The recently released 2013 American Housing Survey is a treasure trove of homeowner and renter data, but there are four gems in particular that speak to the future of housing needs and preferences across the single-family, remodeling, and multifamily sects of the housing market.
David Crowe/ Eye on Housing / July 16, 2014
Builder confidence in the market for newly-built single-family homes rose four points to a reading of 53 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Any reading over 50 indicates that more builders view sales conditions as good than poor.
The July reading marks the first time since January that the index has been above a level of 50. Better employment data and economic growth for the second quarter have buoyed builder confidence as the summer progresses.Read More