1 minute readJob centers, a timeless, defining real estate investment, business, planning, and construction construct, are wholly in play over the next several years, thanks to a convergence of human instinct for health-connection-and-peace-of-mind, macro and micro-economic drivers, and tech-augmentation.
Double-digit growth, or better, in five of the nation’s nine Census regions netted homebuilding’s best year-on-year performance since the negative-to-positive swing coming out of The Great Recession.
The nation’s most active new-home construction region by a long-shot, featuring red-hot, relatively more attainable, home-building-as-essential-economic-activity-friendly dynamics in the Carolinas, Florida, and Georgia as production leaders for a breakout year that grossed a 12% national increase in single-family starts, versus calendar 2019.
Here, per National Association of Home Builders director of forecasting and analysis
It’s no secret that these three divisions reflect the broad sweep of forces that kicked into gear in the early-pandemic months – spurred by health concerns, biological clocks ticking millennials into family formation moves, technological advance enabling work from anywhere, and the sling-shot of generation-low interest rates as accelerants.
Characteristics of the markets that sizzled as other geographical hubs
These geographical macro areas contain the tertiary markets that have become the new secondary markets, and the secondary markets that have leapfrogged into primary futures markets for land acquisition and community development planners and investors.
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