Deep Dive – Trending Topics in January’s Housing News

Jonathan ScottContruction, Home Sales, Housing Affordability, Housing Inventory, Monthly Housing News

Housing Tides Deep Dive January 2018

Each month, we use IBM Watson’s tools to assess the sentiment of hundreds of housing news articles about the US housing market. Here are our observations on the top housing media trends in January 2018: Housing news continues to be dominated by conversations discussing potential outcomes and effects related to the recent federal tax legislation.  HousingWire cited a report by … Read More

2017 Media Sentiment – Mining the U.S. Housing Market with Tech Tools

Jonathan ScottBig Data, Contruction, Forecast Accuracy, Natural Language Processing

Housing Tides 2017 Media Sentiment - Mining the U.S. Housing Market with Tech ToolsArtboard 1 copy 14

Each month Housing Tides™ leverages IBM Watson® Natural Language Understanding tools to measure the sentiment of over 500 news articles covering the housing and homebuilding sector from over 90 major news sources to “check the pulse” of the industry.  We believe that by quantifying the positivity or negativity of news coverage, housing professionals can gain an understanding of the consensus … Read More

Deep Dive with Dan – Trending Topics in December’s Housing News

Dan AllenContruction, Home Sales, Housing Affordability, Housing Inventory, Monthly Housing News

Housing Tides Deep Dive with Dan December News Summary

Each month, we use IBM Watson’s tools to assess the sentiment of hundreds of housing news articles about the US housing market. Overseeing that process is Tides analyst Dan Allen. Insightful and observant, he follows the media and helps us keep a pulse on what’s going on out there. Here are his observations on the top housing media trends in … Read More

Home Builder Labor Efficiency – Why Less is More

Jonathan ScottContruction, Home Sales, Housing Affordability, Housing Inventory

Home Builder Labor Efficiency - Why Less is More_Housing Tides

A recent survey published in Professional Builder magazine showed homebuilders expect higher labor and material costs to be the biggest challenge they’ll face in 2018.  With the U.S. unemployment rate at its lowest level since late 2000, any labor efficiency gains that homebuilders can squeeze out of their existing workforce would be welcomed with open arms. U.S. residential construction employment … Read More

Housing Insights From the American Community Survey

Jonathan ScottContruction, Housing Affordability, Housing Permits

Home affordability problems explained in part by Household Formation Trends

We’re regularly reminded of the lack of homes for sale and the shortfall of new housing construction in America, but is the shortage consistent across the country? If there are meaningful differences, how do they affect home prices? To answer these questions, we turned to the recently released results from the American Community Survey (ACS), which is administered annually by … Read More

Harvey and Houston – Ripples with Housing Tides

Jonathan ScottContruction, Housing Permits, Houston

Harvey and Houston - Ripples with Housing Tides

Jonathan:  Hey Steve, I expect you’ve been following the situation in Texas this weekend?  Sounds like Harvey is causing a lot of damage, particularly in Houston.  I think this means we’ll need to revise our housing permit forecasts for the area as homebuilders will have their hands full with wet houses. Steve:  Interesting.  I’m not sure we should revise them … Read More

Measuring Labor Market Slack in Construction

Dan AllenContruction, Housing Inventory, Labor Shortage

Measuring labor market slack in construction Housing Tides August 2017

Homebuilders have long been citing a shortage of skilled workers as a bottleneck for ramping up production. This is a bit confusing because the construction unemployment rate is higher than the overall unemployment rate. While other industries are also clamoring about a shortage of skilled workers, they generally seem to be keeping up with the growing economy. Why does construction … Read More