National Outlook

How 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 and the opportunity to thrive building it spring from a common stream. Peo …

More 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 2018 but down from 38% one year ago. Only 35% of respondents said that now is not a good time to buy a home, compared t …

How 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 it is hugely daunting, but because it means so many different things to different peo …

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Local View

Danielle 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 for suburban walkab …

INDIANAPOLIS HOUSING 4Q18: New Home Starts Up Year Over Year – Builders Focus on Delivering Affordable Product in a Lot-Challenged Market

Annual new home starts in 2018 were up 8.5% over 2017 numbers; annual closings were up 5.5% YoY. Quarterly new home starts were up 8.5% YoY, and quarterly closings were up 9.5% from 4Q17 levels. Builders continued their focus on delivering homes priced under $300K; this building activity poises the market favorably to endure anticipated softening of economic and housing fundamentals in the upcomin …

Philadelphia RD Quita Syhapanya Speaks at REAL Professionals March Meeting

Metrostudy’s Regional Director for the Philadelphia Region, Quita Syhapanya, presented at the Philadelphia REAL Professionals Mastermind Group’s March meeting. Quita provided insight into the economy and real estate market in the Philadelphia area. The meeting also included discussion into the area’s commercial real estate landscape.  

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