Baby boomers are builders’ best friends.
During a recent trip to Southern California, I was struck by the pervasiveness of far-forward planning by builders big and small.
Our ranking of the industry’s largest companies, Professional Builder’s annual Housing Giants report, reveals a lot about the home building market.
In home building, experience counts for a lot. It takes years and, in some cases, hard lessons learned to move forward in profitable new directions.
Late last month the NAHB/Wells Fargo Housing Market Index, more commonly known as builder confidence, fell by 10 points from 56 to 46. It was the largest single monthly drop in three decades, beating the nine-point drop immediately after 9/11.
The Wells Fargo/NAHB Builder Confidence survey, for February, reported a historic drop in Builder Confidence. The report was hyped and in some cases further embellished on many television stations and in print sources.
The volume of technology news from the Consumer Electronics Show held last month in Las Vegas was enormous. For our team of editors, viewing this stream of tech news from the perspective of builders has been like trying to drink from a fire hose. There is so much that builders should know.
Business often is equated to card games like poker, where minimum bets are required so a player can keep a seat at the table.
New projections from Freddie Mac suggest a sea-change in housing in 2014.
There is a veritable geyser of data tracking housing today. From existing-home sales, to house prices, to new-home permits, to starts—housing metrics abound. We know more now about home building activity than we ever have before.