TBDresidential real estate news
Capital
Doldrums Unsettle Builders As Sales Slow, Cancels Creep Up
A spreading belief among homebuyer prospects is that new home prices must and will come down from where they are and – in light of the growing use of concessions and incentives – that they've already started on their way down.
Leadership
Only The Months Ahead Will Tell Whether Buyers Are Okay With Higher-For-Longer
You'd think, judging from the narrative so far, the cure for high prices might be to simply get used to them. Don't consider them an ailment worth the effort to cure. But that's a risky bet.
Land
It's Always About Land In Homebuilding, But Now It's Different
Prices for it are high; multiple bidders for it strive to control it and build on it; borrowing costs to finance it are high, time-value-of-money costs for entitlement, permitting, etc. are running longer and longer, and ... "they're not making it anymore" has become "they're making less."
Land
Narrow Pathways: 7 Options Key Private Homebuilders' Roadmap
A more challenging entitlement world with chronic undersupply likely means being at a margin disadvantage is not a question of merely accepting lower returns. It is the difference between buying and not buying land.
Capital
Banks Tighten Screws On Builder Loans As Feds Clamp Down
The glimmer of hope homebuilders – specifically, privately-held firms whose capital lines for acquisition, development, construction, and operations tend to come from regional and community banks – got from the recent Fed's Senior Loan Officer Opinion Survey (SLOOS) may be short-lived.
residential real estate news
Capital 06.04.24
Doldrums Unsettle Builders As Sales Slow, Cancels Creep Up
A spreading belief among homebuyer prospects is that new home prices must and will come down from where they are and – in light of the growing use of concessions and incentives – that they've already started on their way down.
Leadership 05.30.24
Only The Months Ahead Will Tell Whether Buyers Are Okay With Higher-For-Longer
You'd think, judging from the narrative so far, the cure for high prices might be to simply get used to them. Don't consider them an ailment worth the effort to cure. But that's a risky bet.
Land 05.29.24
It's Always About Land In Homebuilding, But Now It's Different
Prices for it are high; multiple bidders for it strive to control it and build on it; borrowing costs to finance it are high, time-value-of-money costs for entitlement, permitting, etc. are running longer and longer, and ... "they're not making it anymore" has become "they're making less."
Land 05.28.24
Narrow Pathways: 7 Options Key Private Homebuilders' Roadmap
A more challenging entitlement world with chronic undersupply likely means being at a margin disadvantage is not a question of merely accepting lower returns. It is the difference between buying and not buying land.
Capital 05.10.24
Banks Tighten Screws On Builder Loans As Feds Clamp Down
The glimmer of hope homebuilders – specifically, privately-held firms whose capital lines for acquisition, development, construction, and operations tend to come from regional and community banks – got from the recent Fed's Senior Loan Officer Opinion Survey (SLOOS) may be short-lived.