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Homebuilders slow spec builds in weaker housing markets, says KB Home CEO
“It's good to see that there's not a lot more [spec] inventory being injected into some of the softer markets, and I think that's going to help places like Florida stabilize,” KB Home CEO Jeffrey Mezger tells ResiClub.
Giant homebuilders—including Lennar and Taylor Morrison—reportedly float a rent-to-own 'Trump Homes' program
Rent-to-own models have a long track record of struggling, in part because renter-to-buyer conversion rates are hard to forecast. Divvy Homes and Home Partners of America—now defunct—are recent examples.
5 takeaways from D.R. Horton’s earnings: What America’s largest homebuilder is saying about housing
ResiClub PRO | D.R. Horton—a giant homebuilder ranked No. 123 on the Fortune 500 with a $46 billion market cap—has increased incentive spending, helping give buyers some monthly payment relief.
Build-to-rent is exempt from White House’s order to 'ban' institutional homebuying
Rental housing economist Jay Parsons: “The order doesn't actually ban institutional buyers (presumably due to legal limits) but [it] does look to limit it through various means like blocking Fannie and Freddie loans."
