News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Jennifer Goodman / BUILDER / May 4, 2015Read More
Sam Rashkin / BUILDER / March 23, 2015Read More
Katie Gloede / BUILDER / March 16, 2015Read More
Marilyn Much / Investors.com / March 12, 2015
Encouraged by recent financial results and prospects for the housing market to pick up from last year’s slow going, some top builders are stepping up the pace of land buying.
They’ll have to pay more than they used to — in a year when several builders have warned they’re facing profit-margin pressures — but they see the higher payments as the price of a rising housing market. And a handful of builder stocks are currently highly rated.
Morningstar analyst James Krapfel says that in the aggregate, homebuilders will increase their spending on land in 2015. He says that theRead More
Dionne Searcy / The New York Times / February 24, 2015
In the initial years after the collapse of the housing bubble, a severely wounded industry focused mostly on putting up more affordable duplexes and other multifamily housing, including rental apartments.
But some economists say that demand for multifamily construction is leveling off. Home price appreciation in general is slowing as well; the Standard & Poor’s/Case-Shiller index report on Tuesday showed a pace of growth in the single digits.
In this environment, builders are turning to the wealthy as the most reliable market on which to place their bets.
“That buyer is financiallyRead More