Which statement is true? Homeownership rates are up. Homeownership rates are down. Homeownership rates are flat. Your answer matters. After all, depending on whether you pick 1, 2, or 3 as the true statement probably says a lot about where you think business opportunity in the housing market is heading. ...
Read MoreAuthor Archives: Metrostudy News
Downturn Ahead? If You’re a Big Builder, Here’s What to Do
John McManus / Builder / April 8, 2019 It almost doesn’t matter exactly when the next downturn in housing occurs. It will occur. There’s always a next one. For America’s leading home building enterprises, where land investment exposes billions of dollars of capital to downturn risk, it’s never too early ...
Read MoreRD Jenifer Gooch Provides Charlotte Real Estate Update And Spring Market Outlook for WFAE
Metrostudy’s Regional Director for Charlotte, Jenifer Gooch, recently spoke on WFAE, the NPR affiliate in Charlotte about the Real Estate market in the region. Jenifer was joined by other local real estate professions, including Brenda Hayden, President of the Charlotte Regional Realtors Association, and Bob Zweier, President of the Home ...
Read MoreSurvey: 70% of Home Shoppers See Recession In Next 3 Years
Builder / April 1, 2019 Realtor.com was out Friday with a survey that says nearly 70% of home shoppers this spring think the U.S. will enter a recession in the next three years, but that hasn’t stopped them from trying to close on a home. Despite the fact that they ...
Read MoreExpense Pressure Builds, Even As Builders Work to Lower Prices to Rev Up Pace
John McManus / Builder / April 1, 2019 April may be the cruelest month in some people’s book, but it’s when U.S. home building activity kicks into its highest gear for the following 90 days. Naturally, costs–or rather, rising costs–are a focus, a fanatic one. Because work in process pace ...
Read MoreRD Amanda Hoyle Speaks to Raleigh Chamber of Commerce Young Professional’s Network
Regional Director for the Raleigh-Durham market, Amanda Hoyle, spoke recently during the March Meeting of the Young Professionals Network. Keep reading for an excerpt from the YPN Recap of the event: Hoyle spoke at our March meeting of the Young Professionals Network at PNC Arena. The topic was tracking Triangle ...
Read MoreHow Resilient is the Single-Family, For-Sale New-Home Business Model?
John McManus / Builder / March 25, 2019 Big Builder Graphics Team Choice and necessity, constant as the blood pumping our veins, flow through the heart of economics. We may forget–because the business of developing, investing in, designing, building, and marketing homes and communities is so demanding of our focus–housing ...
Read MoreMore Consumers Say Now Is a Good Time to Buy a Home
Builder / March 25, 2019 New findings from a National Association of Realtors® survey show that consumer opinions about home buying bounced back in the first quarter of 2019, with 37% stating that they strongly believe now is a good time to buy, up from 34% in the last quarter of ...
Read MoreHow Change In Building Homes Can Happen, One House, One Community, One Process at a Time
Two Ivory Prize finalists are the epitome of starting on solving affordability at a modest, but scalable, beginning. By John McManus Fixing America’s housing affordability crisis strikes many of us as a boil-the-ocean kind of challenge. It puts people off from even trying to do anything about it, not only because ...
Read MoreDanielle Leach Presents to the SW Suburban Home Builders Association
Danielle Leach, Midwest Regional Director and Senior Consultant for Metrostudy, presented to Chicago’s Southwest Suburban Home Builders Association (SSHBA) on Wednesday, March 20, 2019. Topics of discussion included the national and local economy, Chicago’s suburban housing market, and consumer preferences for housing in the Midwest. The group acknowledged consumers’ preference ...
Read More