Last week I had the privilege of listening to a presentation by John Covert, senior director of the west region for Metrostudy. His company consults with hundreds of homebuilders – as well as lenders, developers, investors, suppliers, utilities, school districts, and local governments — across the country who rely Metrostudy’s market intelligence and insights to help them make major decisions in their business as the real estate market changes from year to year. In our region, John and his team meticulously research and analyze the housing market. His survey team visits every new home project on every lot in the metro Denver area and the Front Range each quarter. They gather primary data to assess housing supply and demand by counting the number of finished lots available, the number of homes under construction, and the finished vacant inventory. This “on-the-ground” method produces highly accurate, unmatched data and analysis – and Metrostudy has the most comprehensive database of housing market information in the industry. Consequently, John knows every statistic about new home construction that you can possibly imagine.
Read full article on www.boulderco.com