Meyers Builder Advisors

Market News from The Industry's Leading Consultants

Release Archive

Release	Date
What Residential Land Deals Close This Quarter?	12/8/2010
San Jose Employment Stabilizing, Housing to Follow?	11/29/2010
Phoenix Residential Overview	11/8/2010
Southern California Private Sector Employment	10/27/2010
Positioning New Projects Against Distressed Resales	10/19/2010
Meyers Brings its Capital Seminar to Northern California	10/8/2010
Mixed Signals from Existing Home Sales	10/4/2010
Consulting Group Expands	9/24/2010
Mortgage Defaults	8/31/2010
Employment....Up? Down? Does it Matter?	8/16/2010
Newcomers Make Strong Showing in the Bay Area	6/30/2010
Meyers to Present Capital Forum	6/2/2010
Sacramento Home Pricing: Improvement on the Horizon	5/21/2010
Bay Area First Quarter Sales Leaders	5/11/2010
Public Builders...Headed to Market Dominance	4/1/2010
Capital Sources for the Private Homebuilder	3/13/2010
East Contra Costa County Land Activity	1/20/2010
Start of 2010 Brings Exciting Changes to Meyers Builder Advisors	1/8/2010
A Look Ahead at 2010	12/19/2009
Recognizing Hidden Costs Can Be Key to the Purchase of Mapped Lots	10/20/2009
Examining Real Estate Trends in the Inland Empire	10/6/2009
Sacramento Land Rush: Finished Lot Values by Zip Code	9/15/2009
Taking the LEED: Building Green in Subdivisions	8/27/2009
Changing Demographics make TODs a Success	8/17/2009
Finished Lot Supply in the Dairylands	8/10/2009
Where Deals Pencil in the Inland Empire	7/22/2009
Jeff Meyers Brings Capital Raise Experience to Advisory Group	6/17/2009
Due Diligence Difficulties Can be Costly	6/4/2009
Confidence Levels Improving	5/28/2009
Tracking California’s Employment Figures	5/6/2009
Where Foreclosures Have Hit Hardest in California	3/23/2009
David Hudson heads Meyers Asset Management Group	3/6/2009
Recent legislation drawing out first-time buyers?	2/27/2009
Mixed Resale Market in Phoenix	1/30/2009
California Resale Inventory Levels Decline	1/10/2009
Bargain Shoppers Drive Resale Market	12/4/2008
FHA Lowers ‘09 Loan Limits	11/17/2008
CA Major Metro’s Employment Trends	11/7/2008
Foreclosures Boosting Sacramento Sales	10/23/2008
Increased FHA Limits Bolster Sales	10/6/2008
Foreclosure Resales Driving Phoenix Home Prices Down	10/1/2008
Phoenix Down but Not Out!	9/18/2008
Housing Cycle: Double-Digit Price Increases Expected Again	8/29/2008

News Archive

Land Buyers Looking for Opportunities as Building Slows
Orange County Business Jounal, Orange County, CA
Opportunistic investors are looking for a way to profit from Orange County’s tough housing market. But it still may take a while to see a big local deal completed, according to market watchers.

“We’re hopeful this is the year that buyers and sellers close the gap” on pricing for local properties, said Lorry Lynn, managing principal for Corona del Mar-based Meyers Builder Advisors, a homebuilding consultancy." 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..

No time out for builders
Down-market home prices could be alluring, but buyers should be prepared to move fast
San Diego Union-Tribune, San Diego, CA
The fourth quarter of the year had hardly begun Oct. 1 when home builders and industry experts wrote it off as a disappointment and gloomily predicted 2008 won't be much better.
However, what's bad news for builders may be good news for savvy buyers.

“Coming up on year's end, I guarantee that in December you'll see some of the best deals that you'll see all year,” said industry consultant Jeff Meyers. more..