Single Family Housing is perhaps the most important real estate sector in terms of the extent of ownership across the United States. Since 1981, according to the U.S. Census Bureau, homeownership rates have hovered between 65 and 70%. It was not until 2004 that ownership rates reached 69%. At first this appeared to be a good sign that more Americans were achieving the dream of home ownership, but eventually this high rate proved unsustainable. It is now clear that unhealthy lending practices pushed the ownership rate above its long run average. Even so, with total US households at just over 110 million, and 67% ownership equaling 74 million households, it is evident that home ownership is a barometer for the overall health of the economy and any fluctuation in value can be either devastating or a huge wealth creation mechanism as seen in the early to middle 2000’s. As in all real estate, housing markets are cyclical. The long term future of home building will be driven by job and population growth. Short term, builders as well as home owners looking to sell are waiting for financial markets to cool off and lenders to begin lending again. Until this happens, home prices will continue to adjust downward and builders will have unsold inventory.
| Houston, TX | 42,697 |
| Austin, TX | 14,250 |
| Fort Worth, TX | 10,388 |
| San Antonio, TX | 10,261 |
| Dallas, TX | 26,145 |
| Washington, DC | 11,693 |
| Raleigh, NC | 11,386 |
| Seattle, WA | 15,389 |
| Indianapolis, IN | 7,004 |
| Fayetteville, AR | 2,989 |
"To compile these lists, we analyzed the top 75 housing markets in the country. We ranked them based on population trends and job growth, perennial drivers of housing demand. We also examined what’s happened with home prices; many of the healthiest markets have managed to hold the line on home values. And finally, we considered the rate building permits, which may be the single best ongoing indicator of builder confidence in a market. We combined all these metrics to produce a score for each market." – BuilderOnlline.com
* Source: www.builderonline.com "The Healthiest Housing Markets for 2009" February 17th, 2009
From the SelectLeaders/Cornell Job Barometer, Fall 2008
| Job Title / Description Hide Description | Company | Location | Posted |
|---|---|---|---|
|
Divisional Manager
WINDSOR COMMUNITIES: Founded in 1960, Windsor Property Management Co., a division of The General Investment and Development Companies (GID), is one of the leading privately held real estate management firms in the United States.
Windsor owns and manages luxury apartment communities throughout...
|
General Investment and Development | WA-SEATTLE | 8/26/10 |
|
Asset Manager
Our client, a highly regarded real estate investment firm located in New York City, seeks an Asset Manager who reports to the Head of Asset Management. The successful candidate will be a real estate professional with a strong work ethic, a demonstrated knowledge of real estate fundamentals...
|
Confidential | NY | 8/26/10 |
|
Project Manager, Residential Real Estate
Project Manager, Residential Properties
SUMMARY:
Our client, a Family Office, has retained our firm to help hire a Project Manager who will be responsible for a variety of projects associated with high end residential real estate. The properties are the primary and vacat...
|
Confidential | NY | 8/22/10 |
|
Senior Property Manager
A Large NYC Owner/ Management Company is seeking a Senior Property Manager to supervise other managers. Ideal candidate must be highly motivated with a take charge personality having 7-10 years of property management experience, and at least 2 years experience supervising other managers.&...
|
Lefrak Estates LP | NY-Rego Park | 8/16/10 |
|
Division Controler
Key Responsibilities:
Direct day-to-day operations of BMC Accounting Department.
Liaison/partner with operations to improve financial reporting and financial performance of properties.
Monitor operations of department, implementing pro...
|
The Bozzuto Group | MD-Greenbelt | 8/5/10 |
|
Asset Manager
Company Description: Founded in 2007, Raintree Partners is a well-capitalized and growing multifamily investment company based in Southern California. Utilizing a $200M committed equity fund, Raintree Partners is actively growing a portfolio of institutional quality multifa...
|
Raintree Partners | CA-Laguna Niguel | 8/4/10 |
|
Property Manager
A prestigious Landlord/ Management Company is seeking a Property Manager to manage a group of residential properties and to liaise with tenants, inspectors, contractors, home office, and to supervise building staffs. The Property Manager will assume overall responsibility for multiple build...
|
Lefrak Estates LP | NJ-NEWPORT | 8/3/10 |
|
Property Management Operations Analyst
The Community Builders, Inc. is the largest nonprofit urban housing developer in the United States. Our mission is to build strong communities where people of all incomes can achieve their fullest potential. We do this by developing, financing, and operating high quality affordable ...
|
The Community Builders, Inc. | MA-Boston | 7/28/10 |
|
General Manager (Retail Properties Division)
The General Manager acts to ensure property revenue, expense, and lease renewal plans/goals are met.
Reviews and approves all operational expenditures.
Ensures consistent, effective billing and collection practices for rent and other charges pursuant to the lease.
Performs regular on-sit...
|
The Irvine Company | CA-Irvine | 7/27/10 |
|
Forward Planning Project Manager
JOB TITLE: Forward Planning Project Manager
COMPANY DESCRIPTION:
Santa Clara
Development/Robson Homes is a privately held real estate development and home
building company involved in all areas of new home development: land
acquisition, forward planning, ...
|
Santa Clara Development/Robson Homes | CA-San Jose | 7/22/10 |
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