Jeff Meyers is Back in the Game
OC Metro Business
These are busy days for Jeff Meyers, a man who – in a sense – is reinventing himself in the real estate consulting arena. After spending 20 years building his company into the largest homebuilding consulting firm in the United States... more.
Homebuyers seek help after builder walks away
East Valley Tribune
Industry watcher John Fioramonti, senior managing director of Scottsdale-based Meyers Builder Advisors, said Randall Martin Homes is a prime example of a startup builder that was hoping to make big bucks at the height of the construction boom but couldn't survive the market downturn. more.
For Single-Family Builders, Going Vertical Carries Risk
CNNMoney.com
"You've got to have some long-term financial strength to be able to carry the expense of that high-rise ghost town until you've sold it," says John Fioramonti, senior managing director of Meyers Builder Advisors, a real- estate consulting firm. more.
Investors Look for Deals in San Diego
California Real Estate Journal
Ada Kaiser, principal at Meyers Builder Advisors in San Diego, said even large equity funds and institutional investors with billions of dollars to spend and a focus on the highest-quality apartment assets are taking their time with multifamily acquisitions. more.
Meyers Builder Advisors is on the Move
Chicago Real Estate Daily, Chicago, IL
Meyers Builder Advisors catches the attention of the financial and real estate community with the opening of the Chicago office. more.
Smaller Builders to Benefit as Insurers Settle With
Displaced Homeowners
San Diego Business Journal, San Diego, CA
Ada Kaiser, principal with the San Diego office of Meyers Builder Advisors, forecasted an increase in business activity for builders, particularly for smaller general contractors and custom homebuilders to rebuild or repair one home at a time as insurance money and federal funding reaches those affected. She did not anticipate seeing a substantial jump in activity for larger homebuilders, who typically build numerous homes at a time. more.
Discounting helps home sales
Chicago Tribune, Chicago, IL
But any improvement in sales figures is plagued by a surge in the rate of canceled contracts; some public builders have reported that half of all contracts lately fall apart.
In the Chicago area, signed contracts for single-family homes are down 30 percent from a year ago, said Lance Ramella, principal with Meyers Builder Advisors in Oswego. "Cancellations are officially at 7.3 percent, but it's hard to gauge accurately," he said. "It's probably really 30 to 35 percent." more.
New home market shows signs of stabilization
East Valley Tribune, Scottsdale, AZ
The use of incentives will ramp up in the next few months as builders try to make their projected sales numbers for the year, said John Fioramonti, senior managing director at Meyers Builder Advisors in Scottsdale.
"They do really kind of insane things (in) the fourth quarter of the year to make sales happen," Fioramonti said. more..
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