Posts From Michael Anderson
Residential Investment to Increase in 2015?
One of the most lucid commentators on housing market economics, Calculated Risk’s Bill McBride, see an increase in residential investment for 2014. As the charts in this blog post make
Coastal Commission Considers Allowing More Residential in San Diego County
At the California Coastal Commission’s January 7, 2015 meeting, the Commission will consider expansion of the IP-3-1 (industrial park) Zone to allow for residential development that meets certain pre-defined criteria.
15 Bold Predictions for 2015
John McManus from Builder Magazine makes 15 bold predictions for the homebuilding industry next year. A few of the more interesting ones – twenty plus homebuilder M&A deals, re-emergence of
More 2015 Housing Market Predictions
In this article from Forbes, 11 factors that are likely to play into the housing market in 2015 are outlined. The bottom line – expect modest improvement in housing market
Will 3% Mortgages Boost the Housing Market?
Fannie Mae and Freddie Mac, government-sponsored enterprises, detailed guidelines this week to buy loans from lenders made to borrowers at up to a 97% loan-to-value ratio. As a result of
The Return of the McMansion
In the aftermath of the bursting of the housing bubble, many pundits expounded upon “the end of the suburbs” with even a book written by that name. However, the data
Toll Releases Fourth Quarter Earnings
Despite relatively strong 4Q earnings of $131.5M, an increase of 39% over the year ago period, the earnings figure fell short of analyst expectations of 73 cents a share versus
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
New Homebuilding Publics
Among the cohort of new, publicly-traded homebuilders this cycle are UCP and Century Communities. In this Builder Magazine article, a deeper look is taken into the origins and philosophies of
Slowing Home Price Appreciation
No real surprise here – after a sharp bounce back off the bottom, particularly in core markets, home prices appear to be leveling off. Overall, this is probably not bad