ZondaNC

Zonda (formerly Metrostudy) is the authority for real estate and housing industry market intelligence. Tweets by AHoyle in Triangle/Triad.

[Ali Wolf @AliWolfEcon]

Besides labor and materials, what do you need for more starts? LOTS!!!! Lots ready to be started on today are at the lowest level ever per our lot supply index. Future lots are important too: up 1% QOQ and 2.2% YOY
#housing #housingstarts

[ZondaNC @MetrostudyNC]

Yes, big #ecodevo wins from Apple, Google & others will push demand for housing and put more pressure on pricing, but our local real estate market (for sale & for rent) has matured a lot these last few years. We're ready for this.…https://t.co/8Qr1ea4qXn https://t.co/ludbxkdOC0

[ZondaNC @MetrostudyNC]

Raleigh’s New Home Sales Index is still up 87% YOY, even as some builders curb sales in many of the fastest growing communities. https://t.co/o0ZaOx6vwY

[Ali Wolf @AliWolfEcon]

I knew some builders were pausing sales entirely but this is the first time I’ve seen the supply and demand imbalance be so publicly advertised #housingwows

[ZondaNC @MetrostudyNC]

Shortage of available housing at all stages - from housing lots to Quick-Move-In and Resale homes - will continue to drive up home prices (and land values) until the market either cools back down or builders are able to catch back…https://t.co/Tho7Z4GpL3 https://t.co/WEDWVZ8ALy

[ZondaNC @MetrostudyNC]

Thanks to my #Raleigh folks who were able to join us for the Q1 Housing Forecast! If you missed it, we have the replay. If you want more detail about where we see new opportunities - and challenges - in our NC #housing markets, message me. Zonda https://t.co/uWcBmUrvbS

[ZondaNC @MetrostudyNC]

BUILDER has picked 5 single-family markets with demand fundamentals, economic conditions, and job activity worth watching in 2021.
Yep, #Raleigh makes this list, too.
Read here to find out why.
Zonda Ali Wolf https://t.co/eftJdQmJkQ

[Economic Development Partnership of NC @EDPNC]

We are thrilled North Carolina is recognized as the 2020 State of the Year by @bizfacilities!

Large project wins across a diverse group of growth sectors were cited as a reason NC came out on top.

Find out why NC is the State of the Year: https://t.co/KodS9lxUjl

[Ali Wolf @AliWolfEcon]

Our new home sales index is made up of 2 components: new home orders & the average sales rate per community. We've never seen the gap of the components be so large. This is saying: builders that have the homes to sell are crushing it, but inventory is holding back greater growth

[ZondaNC @MetrostudyNC]

If (like me) you’re using this holiday week to play catch up, take a few minutes to watch this latest COVID-19 Housing Update & forecast for 2021 Ali Wolf Tim Sullivan Zonda #zonda #housing https://t.co/MB32fHNdrF

[ZondaNC @MetrostudyNC]

Many thanks to @HBA_DOC and @wakehba for inviting me back for the Triangle Housing Forecast this week and the more than 135 people who joined our call. If you weren't able to tune in, let's just say it's going to be an interesting 2021 for homebuilding. https://t.co/0xHPG0BhXo

[ZondaNC @MetrostudyNC]

Typically new home sales slow down once schools are back in session, but this year is, of course, different. YoY New Home contract sales are still blowing the lid off in Raleigh, up nearly 82% and leading the U.S. in per project growth. https://t.co/kvxJKxGeb7

[ZondaNC @MetrostudyNC]

The Raleigh-Durham market has ranked high for many years on real estate developers and investors target list for growth, and this No. 1 ranking on the @UrbanLandInst 2021 Emerging Trends report is going to bring even more attention…https://t.co/2gCl3kVGRi https://t.co/Ric06iWDtJ

[ZondaNC @MetrostudyNC]

Welcome to the Carolinas, @TRIPointeHomes!

[builderonline @builderonline]

TRI Pointe Homes opens its first community of 58 townhomes in Fort Mill, S.C.: https://t.co/9CHc2HFlwh

[ZondaNC @MetrostudyNC]

Charlotte posted strongest annual home price growth rate in June - up 8.1% 😳 #caseshiller

[NAHB 🏠 @NAHBhome]

National home prices increased modestly in June. While Las Vegas, San Francisco, New York, Chicago, Seattle, Boston and Cleveland experienced price declines, Charlotte posted the strongest annual growth rate among 19 major metro areas in June. https://t.co/hr9uxDgw31 #homeprices

[ZondaNC @MetrostudyNC]

As #workfromhome trend increases, new @NAR_Research study shows #WakeCounty (#11) & #MecklenburgCounty (#20) were already among top hot spots in the country.

National Association of REALTORS® https://t.co/h3qZmTGoh5

[Robert Dietz @dietz_econ]

New home sales increase in July. Up 14% to a post-Great Recession high pace of 901K annual rate. Months' supply falls to a low level of 4 pointing to construction ahead. Prices rising as material costs increase, including lumber now up more than 130% since mid-April. @NAHBhome

[ZondaNC @MetrostudyNC]

Watching #Zonda & @NewHomeSource listings, builders in NC have been increasing prices an avg $5k-$10k per model, so far @meyers_research

[NAHB 🏠 @NAHBhome]

According to NAHB's estimates of #lumber used to build a home, the recent spike in lumber prices has caused the price of an average new single-family home to increase by $14,116 since April 17, with the average new multifamily home increasing by $5,322. https://t.co/q73140hgxd

[ZondaNC @MetrostudyNC]

New home sales are now capturing 27% market share of all home sales in the Triangle, compared to a 21% market share five years ago.

[Kayli Thompson @TBJrealestate]

Triangle home sales hit big numbers as market shrugs off pandemic https://t.co/j3mKwHqwTb via @TriangleBIZJrnl

[Robert Dietz @dietz_econ]

Single-family housing starts up 8% in July, rising to 940K annualized pace. 2020 single-family starts up 0.9% YTD, with @NAHBhome / @WellsFargo HMI up to level of 78 in Aug. Lumber prices, up more than 110% since mid-April, adding $14,000 to price of a typical new home.