Concentrate on the Positives

Posted by at 8:51 am

As America heads into the big spring selling season, all signs point to a robust housing market in 2018. Demand is high and homebuilders are upbeat. The National Association of Home Builders (NAHB) confidence gauge is at its highest level in 18 years. Record numbers of home shoppers are packing sales centers and open houses. The pace of annual construction spending soared to a record $1.257 trillion in November, and starts of single-family homes and building applications are the strongest in a decade. But will vigorous construction be enough to offset exceptionally weak inventory? With new and existing home sales skyrocketing, the national inventory is pegged at just 3.4 months, the shortest timeframe since 1999, and far short of the 6-month supply considered necessary for a healthy housing balance. Home builders say they’ll concentrate more on affordable housing in 2018, but...
Read more
January 23rd, 2018

Autonomous cars driving housing’s future?

Posted by at 11:29 am

The idea of self-driven cars may evoke diabolical visions of the “rise of machines,” – the first step to robots becoming humanity’s overlords. Try to look deeper. Imagine a morning commute where there’s no one on cellphones, or applying makeup, or otherwise swerving wildly while they operate deadly machinery. The human element is confined – stress free – to passenger status, free to prep for meetings, nap, watch TV, or do whatever, without lousing up traffic with imperfect decision making. Free from reactive thinking, studies show just a few robotic cars help improve traffic flow. While it’s difficult to quantify the overall impact before automated cars actually arrive, there’s little doubt that these computerized rides – capable of billions of calculations a second – will be superior drivers to their all-too-human counterparts. Besides the obvious effects on traffic, there is...
Read more