Latest Updates Around The World
Last quarter, Hovnanian enterprises posted weak results and reported a net loss causing its share price (HOV) to collapse. Three months later, the company appears to have recovered as it implements a strategic change, but warning signs remain. Hovnanian Enterprises, the parent company of K. Hovnanian Homes, exceeded Wall Street expectations by reporting net income […]
Builders of new homes are entering 2026 with something the market hasn’t had much of lately: cautious optimism. In a recent outlook survey conducted by Builder Advisor Group and Avila Real Estate Capital, most residential construction executives expressed expectations for improved market conditions, even as “demand uncertainty” remains the dominant concern. In this conversation with […]
As you walked the aisles at this year’s International Builders Show, you could feel it. There was no panic. It wasn’t euphoria. It was something in between: a cautious optimism that maybe, just maybe, the worst is behind us. Traffic anecdotes sounded a little better. Some builders spoke of more stable sales activity in January. […]
A delayed release of new home sales in December showed a slight increase in 2025 from a year earlier, but average sales prices for new homes fell due to a challenging homebuilding market weighed down by cost cuts, increased incentives and a slower-than-expected pace of sales. “New home sales ended 2025 on a mixed but […]
As I wrote last November, I’m increasingly concerned that the discussion about housing affordability and interest rates is obscuring our larger problem. A lack of job growth in the industries that buy our homes. I asked AI to update and elaborate on those thoughts. Here is the AI answer (Note: What follows is AI-generated content): […]
The number of single-family homes increased in December, but fell by about 7.0% year-over-year through 2025. According to the National Association of Home Builders (NAHB), new home construction is expected to remain relatively flat this year, but could rebound in 2027 as mortgage rates lower and pent-up demand enters the housing market. Census data released […]
The prospects for the construction and purchase of new homes appear brighter from the beginning of 2026. After last year’s contraction, housing statistics have expected to rise 3% this year. A number of favorable factors are lining up to drive buyer demand. Affordability is improving: wage growth is outpacing inflation and house prices are moderating. […]
Many more people know how to do their job than why a particular approach works. This can pose serious and unknown risks, because if circumstances change, the previous ‘right’ solution may no longer work or opportunities may be missed. A few examples: Risk example In the mid-1990s, as Sacramento was recovering from California’s aerospace collapse, […]
Here’s something I’ve been thinking about in my head as we make our way to Spring Selling 2026 – something that seems especially relevant to homebuilders and any functional leader trying to steer a company through a tougher, noisier, and more skeptical marketplace: If your marketing only works when everything goes well, it’s not a […]
Within a few weeks, right around this time two years ago, the lead-up to a blockbuster $4.9 billion M&A deal involving a Japan-based acquirer of a national public housing company virtually wrote itself: “A top-five U.S. homebuilding company doesn’t happen overnight… Except when it does.” That same edge applies to 2026’s strong kickoff in homebuilding […]
