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.
Builder / July 7, 2014
What’s happening in Vegas? Greg Gross, Metrostudy regional director for Northern California and Nevada, explains the steady return to a new normal for a Sin City, a housing crash epicenter, and Nor Cal’s affordability struggle in his market overview at the 2014 Housing Leadership Summit.
Builder / June 30, 2014
Are the days of being able to purchase a new home in Dallas-Fort Worth under $200,000 soon to be gone?
At Hanley Wood’s Housing leadership summit last month I spoke about how the housing recovery has been led by the move-up price points. I also spoke about the supply constraints facing the Dallas-Fort Worth market and how it is rapidly driving up the price of lots and new homes. Builders and developers have appropriately focused their new developments in the move up price ranges. Starts are now back to the peak level of 2006 for homes priced over $300,000 and lot deliveries are exceeding the
Builder / June 26,2014
Raleigh is catching up to its pre-crash norms with just 25% of lot supply meeting housing demand this year. In this market overview from the 2014 Housing Leadership Summit, Metrostudy’s Jay Colvin explains that although this North Carolina market felt a similar downturn to the rest of the county with 65-70% decrease in volume, it has regained all jobs lost since the recession.
Builder / June, 2014
Thinking of retiring to Florida? According to Metrostudy’s Tony Polito, fewer baby boomers are Florida-bound, which will impact coastal markets in the coming years. In his market overview, Polito explains that although Sarasota has stayed strong with significant migration from the New York Metro Area, Tampa remains one of the toughest markets with numbers down and prices up.