What Does It Cost to Build a Single-Family Home?
A closer look at the itemized costs in each stage of construction for a single-family home
A Look at the Boom in Home Builder Stocks During 2023
In 2023, stocks for the 10 biggest U.S. home builders outperformed the S&P 500. What does that say about the housing market?
Housing Demand Could Rebound in 2024 as Mortgage Rates Ease
The Mortgage Bankers Association predicts lower mortgage rates could bring homebuyers back into the market in 2024
The Federal Reserve Tightens Its Grip on the US Housing Market
Mortgage rates just surpassed a 23-year high, and experts say more rate hikes are on the horizon
Why Does the Housing Market Feel Like It's 1996?
The number of mortgage applications is currently at levels not seen since the mid-'90s
High Monthly Housing Expenses Are a Cause for Pause
With high median monthly mortgage payments, prospective buyers and sellers aren't too eager to jump into the for-sale market
Woodside raises $220 million in new funding
Woodside Homes took its “act private, look public” mantra to the next level by closing a bond offering that netted more capital for the Salt Lake City, Utah-based company than did recent IPOs for some home builders.
The details you don't know will hurt you
Respect your back-office help or you could be overwhelmed with trying to be efficient.
Executive Corner: Dealing with equity partners
Don Dykstra, president of Bloomfield Homes (Southlake, Texas), says a recent deal with Sumitomo Forestry provides the builder with confidence to increase leverage.
Develop strategic sources of supply
Builders need to prepare and face a challenge that they haven’t seen in many years—rising material and labor costs and shortages. Passing the costs along by simply raising prices won’t be enough to solve the problem.
Trend lines, stutter steps, and the lemming effect
This recovery is one in which builders would do well to recognize the trend lines and take a steady course of action rather than stutter steps, which can harm your business.
Business Management
The Margin Gap: Part II
On the long road back toward sales levels rivaling the best years in the industry, are similar profit levels still available? Where will we find profit?
Senate bill would encourage more residential construction lending
The Home Building Lending Improvement Act of 2013 would discourage lenders from calling construction loans whose payments are current and establish regulatory guidelines to allow the banking industry to restore lending for viable home building projects.
The underutilized and awesomely powerful spreadsheet
From what I gather in my dealings with builders and designers, our industry underutilizes spreadsheets.
Business Management
The Margin Gap: Beyond the Usual Suspects
Finding building companies full of good people operating with no better than marginal processes is common. What’s that got to do with profit margin? Plenty
Motivating a cast of thousands
The two trophies most builder sales operations covet are more qualified traffic and more sales. An often-overlooked way to attain both is a well-thought-out and executed participation program for Realtors.
