Tag Archives: Builder/Developer

Another Top-10 List — Best Markets for 1st Time Homebuyers, and Worst

Earlier this week, HousingWire had an article telling first-time homebuyers (Millennials) in Dallas, Texas that they should just adjust to being renters since land and development costs make a sub $200,000 new home almost impossible. To read the article click http://www.housingwire.com/articles/36878-hey-dallas-millennials-better-get-used-to-renting As I have written in the past, home builders continue to face three headwinds …Read more

Another Top-10 List — 2016 U.S. Boom Towns

Regardless how good or bad the U.S. economy is, at any point in time some markets are hot and others are not. Even within a city, some neighborhoods are hot and others not. Jobs are everything. Period. As jobs increase, likewise does construction and household formation rates. To define the hottest markets in the country, …Read more

November 2015 New Home Sales Remain Strong – But These Metrics Are Not Comparable to Existing Home Sales Data

On initial glance, new home sales appear to have weathered the storm much better than existing home sales. November new home sales saw year-over year gains of 9.1 percent and up 4.3 percent sequentially from October 2015 (which was revised downwards from an initial 495,000 sales to 470,000). In comparison, November existing home sales dropped …Read more