Sunbelt to Lead Homebuilder Growth

Sunbelt to Lead Homebuilder Growth

States with sunny climates, including California, are expected to drive homebuilder growth next year according to various homebuilding analysts. With job growth that is outperforming the market and overall greater livability as a result of a more temperate climate, homebuilders are likely to ramp up production in the sunbelt states to meet rising demand. The best positioned publics in these submarkets include Pulte, DR Horton and Lennar.

Read More

Previous Land Acquisition Challenges
Next Toll Releases Fourth Quarter Earnings

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Deals

Lennar to Buy CalAtlantic

A $5.7 billion deal would create the nation’s No. 1 builder by revenue, and challenge D.R. Horton from the current recovery to the next.

Homebuilders / Land Developers

KB Home (KBH) Tops Q4 Earnings Estimates, Backlog Strong

KB Home KBH reported impressive fourth-quarter fiscal 2016 earnings of 40 cents per share that surpassed the Zacks Consensus Estimate of 37 cents by 8.1%. On a year-over-year basis, the

Homebuilders / Land Developers

Hovnanian Beats the Street

In its latest quarterly earnings report, Hovnanian posted profit of $322.5M or $1.95 per share versus analyst expectations of 20 cents per share. Notably, $285.1M of profit was from a