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July 5, 2012

Many areas of Florida are showing signs of renewed housing demand. Builders are buying lots and land in order to position themselves for future growth. In our most recent Residential Land Survey, 78% of Florida builders noted that finished lot prices were increasing.

Naples
In Naples, demand is apparent across all price points and demographic profiles. We saw a fantastic Spring selling season with both strong demand and price increases in:

  • moderately priced communities,
  • active adult communities, and
  • luxury golf-course projects.

John Burns's picture

Fear and Greed Have Short Memories

June 28, 2012

The memories of 2007 through 2011 are clouding too many people's vision. There are plenty of legacy problems from the housing boom that have yet to clear, and plenty of risk to the downside, but the demand, supply and affordability measures are in place to help us put the housing downturn behind us and move forward. We are leaving stage one of the recovery and moving into stage two. Don't miss the ride.

Peter Dennehy's picture

The Emerging Urbanization of America

June 27, 2012

Housing production is on the upswing in the United States and in many markets it is being driven by an increase in multi-family unit production that will make MSA's more urban. For the U.S., seasonally adjusted multi-family housing starts are up 63% YOY to an annualized 225,000 units and a new wave of permit issuance driven by strong apartment market fundamentals will add more than 1 million new apartment units to cities through 2015.

Thus far this year, there are 14 large MSA's where multi-family unit permits exceed single-family unit permits: