This month, professionals of all aspects of the homebuilding industry will meet in Las Vegas for the 2020 International Builders’ Show (IBS). Hosted by the National Association of Home Builders (NAHB), IBS brings thousands of exhibits showcasing the latest and greatest in homebuilding tools and products together, provides countless educational opportunities and offers networking occasions for all professionals connected to the industry.
MarketNsight President John Hunt will return to speak for the third year in a row at the 2020 International Builders’ Show. His Missing Middle presentation was named one of “13 education sessions you can’t miss at the show” by Builder Magazine. Here is the full line-up of his sessions:
Tuesday, January 21
Missing Middle Housing: The Perfect Bridge to the Missing Millennial & More
9:15 to 10:15 a.m. | LVCC – South 232
A decade after the “Great Recession,” the homebuilding industry is only back to 67% of what it once was. Why? For starters, 18- to 34-year-olds used to account for 60% of new home sales, but they only account for 8% today. For this group and many others seeking unique, convenient, walkable housing, Missing Middle Housing may be the answer. An older concept that was restricted by zoning in many parts of the country 75 years ago, Missing Middle Housing is one of the reasons why older, in-town sections of our cities are so charming.
With rising land and development costs, duplexes, quads, mansion apartments, stacked flats and Accessory Dwelling Units (ADUs) can help provide a much-needed dose of housing affordability. This session explores what Missing Middle Housing is, how cities are successfully implementing it and how builders can capitalize on these opportunities.
Wednesday, January 22
Designing for a Tighter Lot
3:30 to 4:30 p.m. | LVCC – South 220
As development costs explode, smaller houses and townhomes on super-narrow lots have emerged, often demanding prices as high as $450 per-square-foot, and it isn’t just the Millennials buying these small homes; it is Gen Xs and Baby Boomers, too.
In this session, learn who these buyers are, why smaller spaces are growing in popularity and see examples of cutting-edge micro-products from around the country. Hear how one home builder, in order to meet a workforce zoning requirement, cut townhome plans in half to 12-feet-wide, a first for the market, and then sold out in a week.
Be sure to put these sessions in your show planner to gain insight on the housing economy, the missing middle and designing smaller homes for tighter lots. Visit www.BuildersShow.com for complete details regarding the upcoming IBS.
MarketNSight is focused on helping home builders and developers make intelligent decisions related to purchasing land and pricing product. Its groundbreaking Feasibility Matrix® systemizes the decision-making process and creates a one-stop-shop for determining new home community feasibility including ranking by builder and subdivision and developed lot and raw land sales.
To learn more or to schedule a demonstration, visit www.MarketNsight.com.