TBDincentives
Capital
Margin Pressure Mounts In A Higher-For-Longer Marathon
The squeeze on private homebuilders' margins comes from three key sources: High mortgage rates eroding demand, leading to greater price concessions; tighter credit access, leading to higher borrowing costs; and land price inflation due to lot supply constraints.
Leadership
D.R. Horton's 2023 Performance Gives It More Room To Run In '24
"Our strong balance sheet, liquidity and loan leverage provide us with significant financial flexibility to meet changing market conditions and continue aggregating market share." -- David Auld, Vice Chairman of the Board, D.R. Horton
Leadership
Pace-Maker Incentives Get Amped Up As Rates Take A Toll
The issue most operators are keen to grasp right now is whether to compare recent drag on order levels to sequential – better than seasonal trends – of the first three quarters of 2023. Or, to more typical, pre-pandemic normal benchmarks.
Leadership
How Better-Than-Expected Results Became A New Win
Outperforming expectations now qualify as chest-pumping, back-flips-worthy triumphs. Compared-with-expectations measures – particularly on the price concessions and cancellations calculus that reveals net pace – amount to an accomplishment: Less-bad is the new good.
Marketing & Sales
Spring Selling 2023: Is This Time Different? Please Do Tell
For just the second time, The Builder's Daily asks you to tell us your view of how Spring Selling Season and the balance of 2023 will work out. Please take five minutes to respond to our survey here.
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incentives
Capital 11.14.23
Margin Pressure Mounts In A Higher-For-Longer Marathon
The squeeze on private homebuilders' margins comes from three key sources: High mortgage rates eroding demand, leading to greater price concessions; tighter credit access, leading to higher borrowing costs; and land price inflation due to lot supply constraints.
Leadership 11.08.23
D.R. Horton's 2023 Performance Gives It More Room To Run In '24
"Our strong balance sheet, liquidity and loan leverage provide us with significant financial flexibility to meet changing market conditions and continue aggregating market share." -- David Auld, Vice Chairman of the Board, D.R. Horton
Leadership 10.26.23
Pace-Maker Incentives Get Amped Up As Rates Take A Toll
The issue most operators are keen to grasp right now is whether to compare recent drag on order levels to sequential – better than seasonal trends – of the first three quarters of 2023. Or, to more typical, pre-pandemic normal benchmarks.
Leadership 03.24.23
How Better-Than-Expected Results Became A New Win
Outperforming expectations now qualify as chest-pumping, back-flips-worthy triumphs. Compared-with-expectations measures – particularly on the price concessions and cancellations calculus that reveals net pace – amount to an accomplishment: Less-bad is the new good.
Marketing & Sales 03.14.23
Spring Selling 2023: Is This Time Different? Please Do Tell
For just the second time, The Builder's Daily asks you to tell us your view of how Spring Selling Season and the balance of 2023 will work out. Please take five minutes to respond to our survey here.