Housing prices vs. Lot prices – now and in the future

Many builders have reached out to us about housing prices rising slower than lot prices. This has been lowering the gross profit percentage builders are able to realize. I have two thoughts on this topic:   1) During the down turn (2007-2011) many communities modified their approval process which has made …

Views on Housing

Many people I meet ask me about my thoughts about the housing market under the new administration. I think we always need to keep in mind that our country’s housing market is really made up of hundreds of different housing markets. Some of those today are super hot and well beyond “normal” (normal …