Building Market Intelligence

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Phoenix Housing Market Recovery Well Underway

Co-Authored by Sean Fergus, Manager After experiencing a disappointing 2014, the Phoenix new home market steadily improved throughout 2015—and the positive momentum has carried into this year. Buyer demand increased sharply over the past year and a half, with builders …

Santa’s Not the Only One Hanging Out on the Roof

Stylish new roof deck designs are wowing buyers and adding tens of thousands of dollars in revenues per house for new home builders. Across the nation in such diverse markets as the Pacific Northwest, Southern California, the Southwest, Texas, and …

1Q 2016 Sentiment Survey

Beginning its third year of gauging housing sector sentiment in the Mid-Atlantic region, JBREC received 61 responses from residential home building executives, developers, and private equity investors to its most recent Sentiment Survey. Respondents from Virginia Beach to Vermont shared …

The Secret behind Mega-Sized Masterplans

Ever wonder why the majority of mega masterplans are clustered in the “smile states,” those that line the coasts and southern portion of the United States?     Sure, California has alluring beaches, Texas lacks income taxes, and Florida is …

Suburbs Experienced Higher Density Development in 2015

Multifamily development activity surged during 2015 in DC’s suburban counties, while single-family development (including townhomes and detached homes) cooled in the core market areas. Along with continued multifamily activity in the most densely populated counties, we saw significant increases in …

Homeownership No Longer Has Tax Savings

We believe we have found one of the primary reasons why entry-level home buying has not recovered—and why homeownership has been plunging. For decades, homeowners benefitted from both the financial and psychological benefits of paying less taxes. Homeownership came with income …

Why the Inland Empire New Home Market Lost Its Momentum

New home sales rebounded in the Inland Empire in 2012 and 2013, only to fizzle in 2014 and into mid-2015. What happened? After massive job losses during the late-2000s downturn, positive job growth resumed in the Inland Empire in 2011. …

Extraordinary Development and Compliance Costs Stifle New Home Construction

Click here to enlarge image New regulations to protect the environment and to shore up local city finances have made it extremely difficult for home builders to build affordable homes. Now, more than ever, the demand for affordable entry-level housing …

Will Boomer Homeownership Fall?

We believe it will. Seven of us attended the National Multifamily Housing Conference, one of the most informative conferences of the year. Landlord after landlord mentioned the surprising surge in older renters, many of whom sold their home and chose to …

5 Tips for Housing Multigenerational Families

Almost 21 million households already live with multiple adult generations in homes not designed for multigenerational living. While we expect the numbers to steadily increase—especially with 44% of new home shoppers wanting to accommodate their aging parents someday—the big opportunity …