article thumbnail

Three Reasons Why It's a Good Time to Rent

Pro Builder

Mon, 05/17/2021 - 09:18. John Burns Real Estate Consulting (JBREC) predicts a fresh wave of rental demand on the horizon as inventory remains low and buyer demand remains high. Inventory of existing homes dipped 27% year over year in the first quarter of 2021, with regional markets offering just two months of supply.

article thumbnail

An Influx of Young Homebuyers is Coming—Here’s How to Target to Them

Pro Builder

Mon, 05/10/2021 - 09:34. According to John Burns Real Estate Consulting, the largest age group in the U.S. An Influx of Young Homebuyers is Coming—Here’s How to Target to Them. cbroderick. is 27 to 31 year olds. Appealing to these buyers through marketing and home design can result in high sales for builders.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

High Single-Family Rent Brings Investors Back Into the Market

Pro Builder

Wed, 10/20/2021 - 10:21. The ongoing preference toward more living space — and slim for-sale inventory — is forcing would-be buyers back into renting, putting significant strain on the single-family rental market.”. rental housing, according to tracking by John Burns Real Estate Consulting. Single-Family Homes.

article thumbnail

How Land Banking Could Help Builders Battling Shortages

Pro Builder

Mon, 12/13/2021 - 09:49. Land banking offers a potential solution for builders to generate strategic capital and minimize the risks associated with land ownership in the midst of national shortages, according to John Burns Real Estate Consulting. Land Planning. New-Construction Projects. Land Planning.

Banking 52
article thumbnail

The Desert Comfort Experience Home: Navigating a Perfect Storm to Get Construction Underway

Pro Builder

Our industry wasn’t ready for COVID,” says Mark LaLiberte, co-founder and president of Construction Instruction , a building science consultancy based in Denver that is overseeing the Desert Comfort project. High-Performance Features That Set The New American Home 2021 Apart. Making the Transition to Net Zero Homes: Product Design.

Permits 98
article thumbnail

Builders in Tough Spot as Construction Costs Increase Amid Insatiable Demand

Pro Builder

Tue, 06/01/2021 - 10:14. The cost of construction continues to increase due to material and labor shortages, yet buyer demand remains so robust that builders risk losing business because they cannot supply inventory, says The New York Times. Builders in Tough Spot as Construction Costs Increase Amid Insatiable Demand. cbroderick.

article thumbnail

Inside the Single-Family Rental Demand

Pro Builder

Wed, 06/30/2021 - 10:30. A new joint report by the Urban Land Institute and RCLCO Real Estate Consulting found the single-family rental market has undergone an impressive increase in interest and growth as COVID-19 emphasized the need for various forms of housing. Inside the Single-Family Rental Demand. cbroderick.

ULI 59