PlacesIrvine, CaliforniaReal EstateJohn Burns Real Estate Consulting
With a strong economic backdrop supporting continued home buying demand, rising mortgage rates are unlikely to ruin housing’s recovery:
https://hubs.ly/H09Y_L_0
We identified 6 Building Product design trends from the International Builders' Show this past January:
https://hubs.ly/H09Xp0D0
Adam Grubb of Professional Builder gives John Burns five minutes to summarize John Burns Real Estate Consulting's forecast for 2018. #PBShowVillageLive Read more about our 2018 forecasts here: https://www.realestateconsulting.com/five-minutes-builders…/
There are now three great ways for you to get our local market expert opinion on projected new home price and sales pace. Introducing the Burns First Look and Burns Plus Reports: https://hubs.ly/H09PK3N0
Coastal California home prices have skyrocketed, creating opportunities for homeowners to cash out and move to smaller homes with nearby entertainment, lower-maintenance and shared outdoor spaces: https://hubs.ly/H09P3yW0
The consumer is coming back strong according to John Burns of John Burns Real Estate Consulting.
While new home sales grew 9% last year, masterplan sales grew 20%! All 50 communities on our top masterplan list sold at least 314 homes last year – almost one per day. View our complete analysis: https://hubs.ly/H09FS_80
DIY has been out of favor this recovery, but the tide may be starting to turn to its advantage. Todd Tomalak discusses the long-term outlook for DIY products: https://hubs.ly/H09Fblp0
Masterplan sales surged in 2017, with 4 masterplans exceeding 1,000 sales. Congratulations to all the builders and developers who saw great success last year. View our complete list of the top 50 master-planned communities of 2017: https://hubs.ly/H09BvMF0
Home builders' biggest surprise of 2017? Cost increases:
https://hubs.ly/H09zRLR0
On behalf of everyone at John Burns Real Estate Consulting, we wish you a wonderful holiday season and a joyous new year! Please note that our offices will be closed from December 25th to January 2nd.
Where are we in the housing cycle today? See our analysis market by market:
https://hubs.ly/H09w2Gq0
We would like to congratulate our very own Todd Tomalak who was the Forecast Winner for Housing Starts at this year’s 31st annual Economic Outlook Symposium, hosted by the Federal Reserve Bank of Chicago.
At the symposium held earlier this month, the Chicago Fed invited participants from various industries to provide a consensus economic outlook forecasting key statistics for the U.S. economy. In the category of “housing starts forecasts,” a total of 34 companies were invited... to participate, including Wells Fargo, University of Michigan’s RSQE Modeling and Forecasting Unit, GM, and others. The housing starts forecast, which is available in our monthly Building Products report, won based on its quarterly accuracy. Per Todd, ”This was a direct result of our forecasting process, including our local experts and our data analytics team—our clients had this great forecast a year ago.”
Todd oversees our company’s building products research, including our in-depth forecasts of building products spending in new construction and remodeling. For more information on our building products research, click here: https://hubs.ly/H09rgcr0
We’re always looking for talented individuals to join our team of trusted analysts and consultants. View our LinkedIn page to see all open positions: https://hubs.ly/H09pPzW0
Thinking of building communities for boomers? Grocery stores and restaurants topped the list of most desirable amenities: https://hubs.ly/H09p6NS0
