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Builders Shouldn’t Rush to the Bottom on Pricing.

Mark Mitchell — Sat, 04 Dec 2010 11:46:23 +0000

The recent home price indexes from S&P/Case-Shiller show that the lowest price housing segment is suffering the greatest decline in pricing. Builder’s who cut features and quality in an attempt to have lower prices are focusing on the wrong end of the market.

Housing is Still a Good Investment

Mark Mitchell — Sat, 04 Sep 2010 07:23:23 +0000

Karl E. Case’s recent OP-ED piece in the New York Times offers a contrarian view from today’s headlines about the value of home ownership. He makes several good points about why home ownership still makes sense. A good read for builders and manufacturer’s of building materials.

Existing Home Sales Continue to Rise

Mark Mitchell — Sun, 16 May 2010 06:20:30 +0000

Existing home sales showed a 7.6% increase to an annual rate of 5.77 million homes in April. Existing home sales are expected to continue to outpace new home sales growth until the employment level improves. Building material manufacturer’s should continue to focus on the remodel and repair market and pay special attention to those fixing up their homes for resale and that key period of the first six month’s after a new home owner moves in. Read the article in the WSJ.

Builders Looking for Land

Mark Mitchell — Wed, 21 Apr 2010 09:04:15 +0000

In another positive sign for housing and the economy, home builders are once again buying up land at higher prices. It wasn’t too long ago that they were selling off land at fire sale prices to get it off their books. Now builders like Pulte are bidding against other builders for lots. You can read more in the article from the Wall Street Journal.