January “green shoots” won’t tell homebuilders what July will

January “green shoots” won’t tell homebuilders what July will

If you walked the aisles at this year’s International Builders Show, you could feel it. The vibe wasn’t panic. It wasn’t euphoria. It was something in between – a cautious optimism that... Read more »
Meritage holds its line as new-home demand turns inelastic

Meritage holds its line as new-home demand turns inelastic

There’s a version of this market where “buying sales” becomes the default operating system for nearly everyone. When that happens, the question stops being whether incentives rise. They do. The real question... Read more »
What D.R. Horton’s dominance means for every U.S. homebuilder

What D.R. Horton’s dominance means for every U.S. homebuilder

We’ve said it before. When D.R. Horton reports its quarterly earnings, what you’re watching isn’t just the scoreboard of America’s largest homebuilder. You’re watching a business model operating at a different altitude... Read more »
Lower mortgage rates support steady new home sales

Lower mortgage rates support steady new home sales

From Census: New home sales: Sales of new single-family houses in October 2025 were at a seasonally-adjusted annual rate of 737,000, according to estimates released jointly today by the U.S. Census Bureau... Read more »
Builders greet 2026 squeezed by policy flux and margin erosion

Builders greet 2026 squeezed by policy flux and margin erosion

By the time the homebuilding industry reaches Super Bowl LX on Sunday, Feb. 8, the stakes will be unmistakable. That date marks more than the unofficial kickoff to Spring Selling Season, for... Read more »