Filing yet another data point under “weird things that happened in 2020”: The housing market boomed despite a global recession.
Residential housing experienced a mild dip in March of 2020 but recovered quickly, picked up steam, and is projected to keep rising in 2021 and 2022. Suburban single-family homes are the winners in this market. Here’s why:
Matching people with companies is about more than just finding the right skills and experience. It’s about building strong teams - closing the gap between the talent you need and the talent you have. The “good-on-paper” candidates don’t cut it when companies have to run lean, and every employee needs to pull their weight. Attitude and chemistry are just as important as the hard skills required for the job.
Mid-tier or second cities have caught the eye of Millennials and developers over the last decade. Cities, such as Fort Worth, Colorado Springs, Sacramento, and Jacksonville, have experienced a noticeable uptick in growth. Second city suburbs present an opportunity for home builders to thrive in an otherwise tough land acquisition and labor market.