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The Strategist

The Strategist

Scared Foreign Buyers Are Affecting Major Housing Markets

By: Pierre G. Villere

As the real estate market collapsed in the fall of 2008, when the financial crisis pushed us over the edge into the Great Recession, a quiet but interesting phenomenon started occurring within a couple of years in the largest markets around the country.

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Home Shoppers Are Increasingly Active

By: Pierre G. Villere

Last month, I wrote about the lack of impact that Millennials are having on the housing market, one of the reasons that new home starts have not returned to even their annual historical averages dating back to 1961. But the National Association of Home Builders recently published some research that is very telling about the current state of the new housing market, attributable in part to a surprising drop in mortgage rates. And interestingly, Millennials are measured as being strongly in the mix.

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Millennials Are Still on the Housing Sidelines

By: Pierre G. Villere

After years of expectations that the housing market would come back to at least its average historical levels of annual starts, The Wall Street Journal recently conducted research that indicates the U.S. housing market is still waiting for a buying surge from the Millennial generation that entered the workforce during the recession, and some of the most bearish among economic analysts say it may never come.

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Why Sentiment Drives Our Entire Economy

By Pierre Villere

Over the course of the last several months, I have been in discussions with the fine editors at several SEMCO Publishing titles, including this magazine. After a decade and a half of writing about the construction materials industry, I have expanded my editorial pursuits to include this excellent publication, as well as its sister title, Concrete Products.

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