My column for the March 2010 issue of Builder & Developer magazine is now online. For this issue, I focused on how builders are downsizing square footage but keeping high-quality materials and focusing on compelling designs demanded by today’s buyers. You can read the entire article by clicking here.
An excerpt:
For years we’ve been hearing about gradual changes in the interior preferences of homebuyers, but during the boom years many builders stuck with the tried and true rather than risk their production schedules – and profit margins – on risky changes. Of course with discounted short sales and foreclosures continuing to dominate most local housing markets, new homes not only have to be competitively priced, but offer updated design cues and interior amenities…
About Patrick Duffy
I'm a Principal at MetroIntelligence Real Estate Advisors, a division of Beacon Economics. I'm also the founder of The Housing Chronicles Blog and a freelance writer for building industry-related magazines, the Wall Street Journal, the Los Angeles Times and Inman News.
MetroIntelligence acts as consultants to Wall Street institutions, home builders, commercial developers, lenders, investors and municipalities throughout the U.S.
We've also been cited in multiple newspapers including New York Times, Wall Street Journal, L.A. Times, S.F. Chronicle, Boston Globe, Chicago Tribune, Orange County Register, San Diego Union and many others and have been interviewed for both radio and TV news programs on economics and real estate matters.
Please visit
wwwmetrointel.com or
www.housingchronicles.com for complete bio and more information.
