Jan 29, 2015

Housing Trends

2015: A Recovering Recovery or More of the Same?

The real estate markets show a great deal of promise in 2015 but there are conflicting indicators and some uncertainty. To help navigate this market and to help you make the right development, design and financial decisions, we have expanded our practice to provide a broader base of market coverage and more robust analytical capabilities.

Along with our 4 offices in California and 1 Dallas office, we now also have 4 offices in Phoenix, Denver, Washington DC, and Philadelphia. We’ve also hired Chief Economist Kevin Gillen Ph.D., who is also a Senior Fellow at Drexel University’s Lindy Institute for Urban Innovation. The map below captures the location of our offices and the markets in which we have worked over the last 2 years conducting over 700 diverse market studies, strategic analyses and valuations. Visualized as well is the economic and housing data coverage for 67 MSAs provided by our analytics application Zonda.

With this New Year will come a series of reports from our Advisory team to you to provide insights and ideas from on the ground and within the industry to help you understand and navigate the market in which you compete. We will explore many demand drivers and important trends including, but not limited to:

  • Consumer Preferences: Who is buying homes? Where are they coming from? What are their lifestyles and preferences? Is any builder truly appealing to the Millennial buyer? Does the homebuilding industry know “What Women Want?” Where is the Boomer headed next?
  • Product Performance: What is selling and what is not? Why? Which markets are thriving and why? Where is the for sale attached market blossoming? Are all rental apartments and communities alike?
  • New Players: Who are the “new kids in town” and how are they disrupting the market? What can we learn from them?
  • The Best of….marketing, design, community development, and more: What sets these elements apart? Who has the “secret sauce” and why?
  • Economic Factors and External Influences: What is driving demand and what is holding it back? What externalities offer headwinds and tailwinds this year?

There are many factors at play in our economy right now and many of them may be transformative in nature. Keep an eye on our outreaches and we will make sure you hear about these trends and can position yourself to benefit from our knowledge and research.

Please let us know if we can be of service in any way, email tsullivan@meyersresearchllc.com. To meet with us at our upcoming events, see the website calendar. We wish you all the best of health and a prosperous year.

 

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A map showing 9 Meyers Research offices, 200+ studies since 2013 and Zonda data coverage Jan. 2014

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