In the New Home Insights podcast from John Burns Real Estate Consulting, John Burns discusses successfully pivoting as the housing market slows and changes.
“In this podcast, I explain why I believe new home sales and construction have ‘run out of steam,’ at levels many deem to be too low,” Burns says.
Burns says that today’s housing slowdown is different from past market cycles due to factors like banking regulations, local codes, a societal wish to live closer to work, and new business models like Airbnb. He looks at several companies that have successfully adapted their business for the new era.
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