The Continued Undersupply of Available Housing in Lost Markets

The Continued Undersupply of Available Housing in Lost Markets

As markets around the United States continue to grapple with housing affordability challenges and limited inventory, policymakers are beginning to expand on mandated affordability reform rather than loosening restrictions on new development and allowing the free market to solve the problem. High interest rates and inflation continue to be primary drivers behind limited housing inventory. […]

Florida Leads US In New Home Construction, But Some Builders Are Struggling To Keep Up

Florida Leads US In New Home Construction, But Some Builders Are Struggling To Keep Up

Housing costs and low inventory have sparked a significant need for new home construction this year, and demand is so high in Florida that some builders can’t keep up. As low housing inventory plagued the market for much of 2023, experts don’t believe these challenges will abate next year. While mortgage rates are expected to come […]

Major Home Builders Are Adjusting Their Land Development Strategy As Land Scarcity Could Pose Challenges For Housing Supply

Lennar Adjusts Land Development Strategy As Land Scarcity Could Pose Challenges For Housing Supply

2023 has been a difficult year for housing inventory, and some industry experts believe land scarcity is about to make the problem worse. The amount of ready-to-build land across the United States is dwindling and it’s becoming increasingly expensive to develop it. However, Lennar and other homebuilders are pursuing new land development strategies to navigate these costly challenges. […]

Despite High Interest Rates, Berkshire Hathaway Is Bullish On Homebuilders

Despite High Interest Rates, Berkshire Hathaway Is Bullish On Homebuilders

While Berkshire Hathaway has been mostly selling stocks throughout most of the year, the Warren Buffet-led firm made a significant investment in three homebuilders in Q2, which signals a long-term vote of confidence for the industry during a time when the broader housing market continues to show signs of stress. Berkshire invested a combined $814 million in D.R. Horton (DHI), Lennar […]

Rising Home Prices Could Complicate The Fed’s Battle Against Inflation

Rising Home Prices Could Complicate The Fed's Battle Against Inflation

Consecutive months of rising home prices demonstrates the resiliency of the real estate market, but it’s bad news for the Federal Reserve’s fight against inflation.  Recent data has suggested inflation is beginning to cool, but rising housing costs could change the story and make the Fed’s job even more difficult. Home prices are rising because demand continues to […]

A Strong Start To 2023 Has Many Top Builders Optimistic And Looking For Ways To Capitalize

A Strong Start To 2023 Has Many Top Builders Optimistic And Looking For Ways To Capitalize

Inflation, high interest rates, and an impending recession were all anyone could talk about at the end of 2022. For many, the mere suggestion that 2023 could be anything other than downright dismal was considered naively foolish or overly optimistic. Many across the industry expected buyer demand to drop to record lows and inflation to heavily weigh […]

Home Prices Are Rising Again This Spring As Limited Inventory Increases Buyer Demand

Home Prices Are Rising Again This Spring As Limited Inventory Increases Buyer Demand

After declining for several consecutive months, home prices are once again on the rise as surprisingly low inventory is sparking buyer demand this spring. Inventory dropped significantly in March — there were 30% fewer listings on the market this year compared to the same time of year pre-pandemic. As a result, home prices spiked by 0.45% month-over-month […]