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.
Bloomberg / June 3, 2014
Brad Hunter, chief economist at Metrostudy in Palm Beach Gardens, Florida, says new home sales are moving higher as the traffic of potential buyers at building sites decide to buy homes and finally become “conversions.” He says better news on the job market is fuelling the trend. Hunter says older buyers continue to do all cash deals in many regions, and the level of mortgage rates is not yet a big factor for many buyers. Hunter speaks with Bloomberg’s Kathleen Hays on Bloomberg Radio’s “The Hays Advantage.”
Brad Hunter / Metrostudy Report / May 23, 2014Read More
Jonathan Smoke / Hanley Wood / May 22, 2014
Was there an economist or Wall Street analyst gathering in Colorado earlier this month that no one told me about? I’m looking at consensus expectations for the April new home sales tomorrow to come in at an annualized rate of 425,000 or an increase of 11 percent over March. This follows positive expectations for existing home sales as well despite all of the recent negativity about the housing recovery stalling. What could they be smoking to be so positive about April yet so negative in commentary?
I didn’t go to Colorado but I have been all around the country in recent weeks where I’veRead More