Homes are traditionally geared towards the concept of a multi-person household and therefore are built and priced in a way that potentially alienates single-person buyers. Yet, according to Builder, 28% of households are made up of singles, and that number is growing. It may be...
With discussion of a potential economic recession, it’s difficult not to think back to 2008. Does this mean that the housing market now should be compared to the housing market in the years preceding the recession? We actually think the housing market is standing quite...
As talks of an economic recession continue to increase, homebuilders’ confidence could change. Currently, builder confidence for single-family homes rose to 66 in early August. And their confidence has been well-founded given the circumstances. Optimism Amongst Home Builders Builders have 4 components that lead to this optimism....
Working remotely, or telecommuting, is a popular concept that is growing rapidly as younger workers enter the workforce. And it’s popular amongst the companies that employ these workers. Why are more companies trending towards allowing their employees to work from home? The answer has a...
Homebuilders are facing challenges in building housing that is “affordable”. Traditionally, housing that is affordable is defined as housing that can be afforded by people whose income is below the median household income. According to NAHB, 1/3 of U.S. households pay more than 30% of...
The Continuing Care Retirement Community (CCRCs) may expect to see an update to its model in the next few years. As a larger portion of the Baby Boomer generation nears retirement, these communities built before the age of internet connectedness may now need to rethink...
Brick & Mortar retail stores are no longer about buying products but trying products. Consumers want experience. Purchasing is only increasing in convenience as online shopping and shipping technology grows, removing the “need” to enter a storefront. That’s why companies are strategizing how to rethink physical...
2019 is the last year possible to see the maximum benefits of investing in an Opportunity Zone, a program that offers tax incentives for investments in low-income areas. And according to some, we will likely see an influx of investors trying to capitalize on that...
“What are the amenities” is a question that is prevailing in every sector of real estate. A concept that once existed primarily in the hospitality industry now permeates both residential and commercial trends, with different desired amenities based on the different generations. Between the three...
There is a growing sense of disconnectedness in the world. Several factors go into this: perhaps our family and friends live far away, maybe our neighborhoods lack the intentional design for cultivating connection, or it might be that we are so engaged via devices that...