New Home Trends Institute

?? Meet the Consumer Trends Council A dynamic mix of sales/marketing wizards and consumer researchers who come together to discuss the strategies that resonate and lead to real results. From tracking generational shifts to understanding cultural influences, they keep us ahead of the game. Thank you to our 2024 council members and guests for spending the day with us in Denver! NHTI members, if you are interested in joining this powerhouse crew, stay tuned for council applications opening soon. Tina Wiggins | Joanne Lee | Jessica Kerrigan | Currey Cornelius | Callie Friedman | Megan VanTassel | Paul W. Jester | Sara Loshbaugh Near | Amy McCormick | Alison Girard | Jen R. | Connie Pollard | Peter Dennehy | Pam Avirett | Kaylin Tucker | Ashley Clark, Assoc. AIA, LEED AP | Kimberly Banach | Kelly Mangum | Christina Acu?a | David Copenhaver AIA, NCARB, HBA Member | Rachel Eaton | Kate Pourhassanian | Qadra E. | Carrie Firmine | Deborah Blake | Diana Carroll | Danette Beal | Mikaela Arroyo #nhti #jbrec #newhometrendsinstitute

Not more, different. This nugget from Amy Levi was one of my favorites from this week’s New Home Trends Summit. At a time where adding more (rooms, amenities, etc) is often cost prohibitive, being unique and unexpected is a great strategy to stand out. Thank you to all of our members for spending the last few days with us. I can’t wait to see what this inspiring group of humans does next! #jbrec #nhti #newhometrendssummit

ADUs: probably not coming to a market near you. 1 in 4 families have multigen living spaces. By 2030, that’s expected to be 1 in 3. According to this panel, public policy needs to change for ADUs to grow outside of California. Statewide legislation allowing ADUs will be a lot more effective than a city-level approvals. Thank you to our speakers: Brian Miller, AIA, LEED AP of Danielian Associates Architects + Planners Megan VanTassel of New Home Co. Sean Roberts of Villa and our SVP of Consulting Scott Wild #jbrec #nhtisummit

Homes are trending toward tiny ?? Managing Principal Kenneth Perlman led a conversation into the why and how behind small home popularity. Thank you to our speakers: Chris Weekley of David Weekley Homes, Ryan White of DAHLIN Architecture | Planning | Interiors, and Scott Snodgrass of Meristem Communities #nhtisummit #jbrec

Longevity is not pursued; it ensues from living in environments that subtly nudge you toward healthier habits. Tony Buettner of Blue Zones shared how Centenarians live. They… ?? have a sense of purpose and put it to work ?? connect with others in their community ?? live in places that encourage natural physical activity ?? consume more plants and small amounts of animal protein So, what can you do to help? ??Make the healthy choice clear and easy to find ??Conduct “purpose workshops” where people can create their personal mission statement ??Create social groups that go for a walk together ??Reinvent streets for natural movement vs cars #nhtisummit #jbrec

Sterling Ranch ?? Toured! Thank you to the Smethills family for taking us around the Sterling Ranch master plan. We walked through the Sterling Center, Overlook Club, and models by PulteGroup and Dream Finders Homes. Sterling Ranch is at the forefront of master plans today with a mix of attainable and high end products, sustainability woven into every feature, and expanding amenities & 30+ events a month that bring the lifestyle. Kenneth Perlman | Anja Seng #nhti #jbrec #newhometrendssummit

aaaaand that’s a wrap on our second annual Build-to-Rent Tour! This year Don Walker and Maegan Sherlock toured the group around the Denver metro area, with stops at: ??BB Living at Trails Edge | BB Living ??Citadel at Castle Pines | Thompson Thrift ??Canvas at Castle Rock | Watermark Companies | Danielian Associates Architects + Planners #nhti #jbrec #newhometrendssummit

Denver, we’ve missed you! We’re back in the Mile High City for our New Home Trends Summit, returning after 5 years to the location of our very first annual event. The next two days will be packed with council meetings, tours (MPC and BTR), and a day of panels, keynotes, and roundtables. Stay tuned for updates and highlights. #jbrec #nhti #newhometrendssummit

Now this was a fun DesignLens feature to work on ?? Last month, we published a feature on The Haven, the first custom home model in the gated Every neighborhood of Wellen Park. Highlights from Anja Seng: This home represents Lee Wetherington Homes' re-entry into the South Sarasota County market in over a decade, and an opportunity to showcase the quality, luxury living they offer. The Haven is 3,723 square feet with 4 bedrooms (one of which is a casita), 4.5 baths, and a spacious 3-car garage. The work of Lee Wetherington's Director of Architecture, Steve Nelson, and interior design firm, Builders Design, go hand in hand to make this home "unfold" so that as buyers walk through, they get rewarded with different memory points. Since starting pre-sales at the end of 2023 and opening the Haven model (which makes a big difference in luxury), they've sold 10 homes as of August 2023! Check out the full DesignLens feature here: https://lnkd.in/gaspna3K #NHTI #jbrec #DesignLens #luxuryhome

The custom home market has slowed, but not uniformly. Demand for custom design services dropped last quarter, reaching the lowest point since our custom architect survey* began in 2023. While the overall index is still considered in the "Normal" range, it dipped -3 points from the beginning of the year. Demand for design services has declined consistently in the past 5 quarters, though qualitative feedback indicates nuances: ? INTEREST in services remains steady (even strong in some places). However, sustained high interest rates and construction and labor costs are stopping middle-market clients from moving forward with their desired projects. ? The high-end custom residential market shows no signs of slowing down. One respondent reported that they’re seeing higher demand from clients who can afford luxury homes than at any time in the past 7 years. ? Project mix continues to shift from new builds to remodels due to higher-for-longer interest rates. Maegan Sherlock | Paul DeGrandis | S. Claire Conroy | Patrick O'Toole * The US Custom Residential Architecture Index is conducted in partnership with SOLA Group, Inc. #nhti #jbrec