Increased FHA Limits Bolster Sales
Tightening credit standards and the fall-out of the subprime market are forcing more borrowers to turn to loans backed by the Federal Housing Administration, or FHA loans. Obtaining financing through the FHA program offers a low mortgage rate option for borrowers with a small downpayment or blemished credit... more.

Foreclosure Resales Driving Phoenix Home Prices Down
The Phoenix housing market suffered another record-breaking milestone in July. According to the recently released Standard & Poor’s/Case-Shiller 20-city housing index, the Phoenix housing market experienced a 29% price drop from July, 2007 to July, 2008. This price decrease was the second worst in the survey, behind only Las Vegas where prices fell by 30% in the same time frame. A close look at the Phoenix housing market sales data provides a clear explanation for this downward pricing trend... more.

Housing Cycle: Double-Digit Price Increases Expected Again
In nearly four decades, California’s existing home market recorded 33 years of positive price appreciation. On average, California’s reliable existing home market has provided homeowners an 8.1% return, shown by the red line in the chart below. While there are always fluctuations in prices, the state’s impressive record is supported by California’s attractive quality of life, limited land supply caused by a restrictive entitlement process, diverse and strong employment base, and constant population growth.... more.

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.