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.
Katie Gloede / BUILDER / June 29, 2015Read More
Brad Hunter / Metrostudy / June 16, 2015
June 16, 2015 – The government’s June report on housing starts showed an 11.1% decline, but that was on the heels of an incredibly strong report the previous month.
We at Metrostudy have just completed another complete count of builder activity and new-home supply in markets all around the nation, and it provides strong quantitative evidence that the demand for new homes is still recovering, albeit slowly. Furthermore, builders in most markets are confident that this slow-motion rebound will continue. That is why builder confidence has improved and lot development is up 21.5% comparedRead More
Les Shaver / BUILDER/ June 12, 2015Read More
Ben Sage / Metrostudy / May 26, 2015Read More
Paul Takahashi / Houston Business Journal / May 29, 2015
Houston homebuilders are preparing for a wave of Millennial buyers to enter the housing market in the coming years.
Millennials — those between 20 and 37 years old — have long delayed homeownership. Housing experts attribute this trend to myriad reasons, including student loan debt, the recession and a national movement toward city living.
However, economists predict Millennials — the largest generation in American history — will begin to buy homes en masse over the next five years.
Skyrocketing apartment rents are pushing more Millennials into homeownership, and as more MillennialsRead More