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Homebuilders

California infill builder turns idle lots into housing in land-constrained coastal markets

California, Energy, homebuilder, Homebuilders, Land, The Builder's Daily /

Coastal California, with its high property costs, unique geography, and acute local political and physical land-use constraints, presents among the most challenging market dynamics for homebuilding. Amid these difficulties, there are also opportunities to repurpose underutilized land in innovative ways.  Converting parcels that are hard to entitle and develop is a homebuilding secret-sauce skillset, capable […]

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Are mortgage buydowns a lifeline or a risk for new homebuyers?

homebuilder, Homebuilders, Leadership, Mortgage Rates, New Home Sales, The Builder's Daily /

The debate over the large builders’ elevated use of mortgage buydowns — and the potential risks to buyers — isn’t new. Reigniting the argument, a recent report from the American Enterprise Institute (AEI) asserts that mortgage buydowns among the large builders are artificially inflating new home prices, therefore creating a risk for buyers in the

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Note to self: sell the lifestyle, not just the house, to boost sales

Architecture, Homebuilders, New Home Sales, The Builder's Daily /

Selling houses in an uncertain market, as we find ourselves in today, is challenging. Maybe we should stop trying to sell the house and instead focus on the positive impact it will have on our buyers’ lives. This is the approach Mars Inc. used to sell its Snickers bar. The ad campaign “You’re not you

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Center for American Progress outlines plan to reduce housing costs

Center for American Progress outlines plan to reduce housing costs

Affordability, Construction, Government Lending, Homebuilders, Housing Inventory, Housing Market, Housing Policy, HWmember /

The Center for American Progress (CAP) recently put out a plan aimed at lowering housing costs nationwide by increasing construction and making homebuilding more affordable through federal efforts. The “Build, Baby, Build” proposal, published by CAP on Nov. 17, targets the nation’s estimated housing shortage of 2 million units, which the group says has contributed

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Beazer Homes shifts to move-up buyers, bets on energy efficiency

Earnings, homebuilder, Homebuilders, Leadership, The Builder's Daily /

As major builders like D.R. Horton and Tri Pointe Homes trim new home starts to protect margins, Beazer Homes is taking a page out of Lennar’s playbook. Beazer’s Q4 earnings call reveals a builder determined to sustain a robust sales pace, even as it navigates a lower-margin reality driven by a spec-heavy approach and increased

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US homebuilder sentiment barely rises despite price cuts

Homebuilders, Housing Inventory, REALTORS & HOMEBUILDERS /

US homebuilders’ confidence barely rose this month as they struggled to lure cautious buyers off the sidelines with costly sales incentives. An index of market conditions from the National Association of Home Builders and Wells Fargo ticked up 1 point in November to 38. A value below 50 means more builders see conditions as poor

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Berkshire exits D.R. Horton, adds to Lennar — what it means for homebuilders

Homebuilders, Leadership, Lennar, Strategic Advantage, The Builder's Daily /

While headlines scream that Berkshire Hathaway has taken a $4-plus billion position in Alphabet, a quieter, “closer-to-home” move slips into the latest 13F filing. In the same quarter that Berkshire built its stake in Google’s parent, it closed out its position in D.R. Horton and added to its stake Lennar. For the broader market, that’s

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New-home sales pace hits 2025 high despite dip in apps

Homebuilders, Mortgage applications, Originations, REALTORS & HOMEBUILDERS /

New-home mortgage applications fell again in October, but the seasonally adjusted annual sales pace climbed to its highest level this year, according to the Mortgage Bankers Association. New-home purchases fell 2.6% year over year and 1% month over month in October, according to the Mortgage Bankers Association’s Builder Application Survey. The MBA also estimated that

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Realtor-builder collaboration survey reveals key frustrations

Agent, homebuilder, Homebuilders, HWmember, Real Estate, Real Estate Marketing /

Picture this: a Realtor® walks into a new-home sales office, client in tow, ready to collaborate. The builder’s rep glances up from the desk, wary smile in place. Both sides want the same thing — a sold home — but the air crackles with tension. That moment, repeated across the country, defines one of housing’s

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Homebuilders bet on 1% mortgage rates to wake up U.S. buyers

Homebuilders, Housing Inventory, Originations, REALTORS & HOMEBUILDERS /

With the average mortgage rate near 6%, US homebuyers are looking at the most affordable monthly payments in a year. But San Antonio real estate agent Tavyn Weyman knows how to get them lower — much lower.  The trick is simple: buy new.  In markets across the US, homebuilders sitting on unsold inventory are subsidizing

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