Posts From Steve Devorak
Toll Doubles Profit in 3Q 2104, Stock Drops?
Although the current quarter was a strong one for Toll primarily due to its ability to compress overhead and selling expenses, the stock took a hit as a result of
Strong Finish to the Year?
With a shift from a seller’s market to a buyer’s market, Redfin sees a potential pick-up in sales volume to finish out the year. Here’s why. Read more
Lot Production on Upward Trend
In the depths of the housing cycle, lot production nationwide was virtually nonexistent. As the housing recovery progresses, the finished lot creation machine seeks to keep up with builder housing
Asian Invasion
If you haven’t heard of Landsea yet, sounds like you probably will. One of China’s largest homebuilders proclaims that it will invest more than $1B into the US housing market.
Homebuilder Seizes Upon a Niche Market Rental Opportunity
MBK Homes, who’s primary business has been for-sale housing, gets ready to open a rental community in the Carmel Valley area of San Diego with product more akin to for-sale
How Big Builders Leverage School Quality into Profits
In the following article in Big Builder, a useful summary of analysis undertaken by Raymond James is set forth. Public builder land positions are graded by tiers (based on quality
Is The Housing Recovery Over?
There is currently much debate on the direction of the housing market. Did we bounce back off the bottom too fast? What inning are we in? 3rd? 6th? While there
Renewed Life in the Inland Empire
Signs of renewed life in the Inland Empire? Despite the optimistic slant of this article, word on the street still seems to be that housing activity is sluggish in inland
Chinese Money in the U.S. Housing Market
The influx of Chinese money into the US housing market continues to be one of the key dynamics in play thus far during the housing recovery. This article in the
Mid-Year Update
As we enter the second half of 2014, a sense of uncertainty seems to have set into the Southern California land markets. Through 2012 and most of 2013, during the
