Colin Wright @ColinHWright
Salt Lake City, Utah Joined October 2010-
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mortgage rates ease up a bit this week freddiemac.com/pmms
The 50 Best Places to Live in the U.S. in 2021 - 2022 | Money money.com/collection/bes…
Did you ever think the worst markets in the country would have 10% home price appreciation? The "Keep Austin Weird" crowd will love this. #newyork #sanfrancisco #austin #jbrecdailyinsight
I speak about this very troubling trend often. We are wired for connection. But as our institutions (service clubs, churches…) diminish, we will find those connections in more unhealthy ways. If we don’t have close friends at least we can hate the same people together in FB…
I speak about this very troubling trend often. We are wired for connection. But as our institutions (service clubs, churches…) diminish, we will find those connections in more unhealthy ways. If we don’t have close friends at least we can hate the same people together in FB…
2020’s REAL winner is Build-For-Rent. We estimate 16.4M single-family rental homes nationally - about the same number of rental homes as apartment homes. What impact do you think current uncertainty will have on renting behavior? #jbrecdailyinsight #realestate @JBREC
There are 2 stories here. 1/ the affluent are driving the market. 2/ mortgage companies are busy and can be selective in an environment where making loans to people with low FICO scores and down payments is riskier than usual due to continued layoffs. @GregDaco #mortgage
Since more stimulus is apparently coming our way, here is an update on the impact of the government Covid-19 stimulus to date. I am still amazed that the IRS and SBA were able to pull this off so quickly. The housing market has clearly benefitted. @JBREC #JBRECDailyInsight
September was the 2nd highest rated month for traffic from new home sales prospects in the last 10 years! @JBREC #JBRECDailyInsight
The pivot from multifamily to single family is going to be really great for companies that benefit from more square footage in the homes. Single family home size declines will end and homes will start getting bigger again soon. @JBREC #JBRECDailyInsight
With the national housing market surging, active adults have decided it is time to participate again. Here are 4 keys to success when marketing to this age group: realestateconsulting.com/the-light-acti…
Yet apartment developers continue to start new apartments. The money was raised and so they are moving forward anyway, hoping that the rents are back to current levels when the building is complete. Seems risky, given all the apartments already under construction @ApartmentWire
Yet apartment developers continue to start new apartments. The money was raised and so they are moving forward anyway, hoping that the rents are back to current levels when the building is complete. Seems risky, given all the apartments already under construction @ApartmentWire
As people look to get away and enjoy life as safely as possible during the pandemic, the demand for second homes in drive-to destinations is surging. Check out the latest version of the Light by @JBREC to learn more: ow.ly/Vs3a50Bgnv2
The States With the Best and Worst Economies – Page 2 – 24/7 Wall St. 247wallst.com/special-report…
Utah's economy ranked #1 in the nation, 24/7 Wall Street says fox13now.com/news/local-new…
Demand for second homes in drive-to destinations is surging! Developers and builders can take advantage of the boom by understanding second-home buyer preferences and a renewed focus on lifestyle in their communities: realestateconsulting.com/the-light-yolo…
NY and SF are the only 2 major markets where resale home supply is rising. Are many NY and SF based reporters and investors too negative due to location bias? I think so. @JBREC #JBRECDailyInsight
46 million households rent - more than 16 million of them rent old homes and duplexes. Q: How much demand is there for those who want 1) a new rental and 2) a professional landlord? A: A lot! #JBRECDailyInsight @JBREC
The housing and building market is rebounding quickly but construction will slow if lumber scarcity persists. Lumber prices are up a staggering 80% since just mid-April. $627 per thousand board feet avg as of last week.
Amid broader economic weakness, housing has been a relative bright spot. As a result, the housing share of GDP increased to a 13-year high, 16.2%. More building and remodeling on the way. eyeonhousing.org/2020/07/housin…
Devastating retail closures will also bring opportunities for redevelopment. It is time to reimagine, reuse, and recycle retail spaces: realestateconsulting.com/the-light-reta…

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