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.
About author
You might also like
CalAtlantic Beats Estimates
CalAtlantic Group, Inc. (NYSE: CAA) on Wednesday after market close announced net income of $167.0 million, or $1.25 per diluted share, for the fourth quarter ended Dec. 31, 2016., compared
Benchmark Communities Brand Will Transition to Century Communities.
Communities, Inc., Greenwood Village, Col. (NYSE: “CCS”) Friday announced it has completed its previously announced merger with UCP, Inc. (NYSE: “UCP”).
