Joining Forces with Hanley Wood Market Intelligence
Housing market conditions are difficult as home prices continue to fall, inventories remain high and demand is depressed. Meanwhile, the economy is weakening, credit is very tight and foreclosures continue to rise. Yet, local housing markets and submarkets vary significantly. What is a housing professional to do?
The volatility of conditions and the variability in markets increase the value of intelligence to track, monitor, analyze and forecast housing metrics, but leveraging intelligence requires disparate expensive data licenses, economic and statistical expertise, and a mechanism to put intelligence in front of decision makers. As a result, few builders, developers or investors invest in an intelligence competency. Maybe that's how we got into this mess in the first place!
Since the fall of 2006, I tried to fill this intelligence void by assembling a complete and better source of market data for every market in the country, by providing custom analysis, reporting and forecasting to support strategic planning and decision making, and by providing reports and data so that professionals can leverage intelligence in the decisions they make each day.
Given the market conditions, it became clear to me that I couldn't achieve my "big league" vision on a bootstrap budget. So, if at first you don't succeed, join a winning team! I've chosen to join Hanley Wood Market Intelligence, the leading intelligence company focused on housing and construction. Read the press release.
Our web sites will be changing soon. To keep in touch, link to my profile at LinkedIn.