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CEO of an $11 billion builder empire warns that these housing markets face a short-term oversupply

CEO of an $11 billion builder empire warns that these housing markets face a short-term oversupply

Toll Brothers CEO: Spec build ‘overhang’ in Sun Belt areas in Florida and Arizona will ‘clean up’ over time because the builders are starting fewer new builds.

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
KB Home: Homebuyers risk finding themselves 'upside-down' if they overpay for builder incentives

KB Home: Homebuyers risk finding themselves 'upside-down' if they overpay for builder incentives

"I believe that there are [builder] customers that are overpaying for the home to effectively get an incentive... They may potentially be upside down when they try to sell that home," says KB Home COO Rob McGibney.

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
Inside Lennar’s playbook: Bigger incentives and market share over margin

Inside Lennar’s playbook: Bigger incentives and market share over margin

In Q2 2025, Lennar spent an average of 13.3% of the final sales price on sales incentives—its highest incentive rate since 2009.

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
A goldmine of homebuilder data just dropped—here are ResiClub’s 4 big takeaways
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A goldmine of homebuilder data just dropped—here are ResiClub’s 4 big takeaways

ResiClub PRO | What the latest data reveals about how giant homebuilders are operating right now.

Lance Lambert
Meghan Malas
Lance Lambert, +1
HomebuildingHomebuilding
8 things to know about the current housing market, according to Toll Brothers CEO
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8 things to know about the current housing market, according to Toll Brothers CEO

ResiClub PRO | Toll Brothers CEO Douglas Yearley Jr. spoke at Bank of America’s Housing Symposium in New York City this week. ResiClub was in attendance and took notes.

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
Homebuilder unsold inventory at decade high: Housing markets to find deals in
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Homebuilder unsold inventory at decade high: Housing markets to find deals in

ResiClub PRO | There’s greater slack in the new construction market, giving buyers and investors some leverage in certain markets to negotiate better deals with homebuilders.

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
ResiClub analyzed 20 years of giant homebuilder data—here are 4 key takeaways
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ResiClub analyzed 20 years of giant homebuilder data—here are 4 key takeaways

ResiClub PRO | America’s 200 largest homebuilders closed 535K homes in 2024—up 42% since 2019.

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
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Builders have the most unsold completed homes since 2009—here's where

Builders have the most unsold completed homes since 2009—here's where

Builders are experiencing pricing pressure in certain parts of the Sun Belt—especially in many Florida and Texas markets—where resale inventory has climbed above pre-pandemic 2019 levels.

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
Tariffs’ impact on the housing market: What 5 major public homebuilders are saying
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Tariffs’ impact on the housing market: What 5 major public homebuilders are saying

ResiClub PRO | Are homebuilders already seeing an impact from tariffs? Do big builders expect construction costs to rise—and if so, by how much?

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
The 2025 spring housing market, as told by America's largest homebuilder D.R. Horton
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The 2025 spring housing market, as told by America's largest homebuilder D.R. Horton

ResiClub PRO | Here are ResiClub's 6 key takeaways from the latest earnings of D.R. Horton, a homebuilder ranked No. 120 on the Fortune 500.

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
KB Home CEO: The start to the spring selling season is 'more muted' than usual

KB Home CEO: The start to the spring selling season is 'more muted' than usual

6 big takeaways from the latest earnings call by KB Home—a giant homebuilder ranked No. 545 on the Fortune 1000.

Lance Lambert
Lance Lambert
HomebuildingHomebuilding
+1+1
Homebuilder unsold inventory hits 15-year high: Housing markets to find deals in

Homebuilder unsold inventory hits 15-year high: Housing markets to find deals in

The number of unsold completed new single-family homes in February 2025 hit the highest level since summer 2009.

Lance Lambert
Lance Lambert