TBDland basis

It's Always About Land In Homebuilding, But Now It's Different

Land

It's Always About Land In Homebuilding, But Now It's Different

Prices for it are high; multiple bidders for it strive to control it and build on it; borrowing costs to finance it are high, time-value-of-money costs for entitlement, permitting, etc. are running longer and longer, and ... "they're not making it anymore" has become "they're making less."

The Lennar Business System: A How-To For De-Risking Land Buys

Land

The Lennar Business System: A How-To For De-Risking Land Buys

Lennar Executive Chairman and Co-CEO Stuart Miller reinforced a mantra he’s been drilling into stakeholders' and observers' heads for years. It’s not complicated to grasp: Starts. Sales. Deliveries.

Here's Homebuilding Data Guru Jody Kahn On The '24 Land Sweeps

Land

Here's Homebuilding Data Guru Jody Kahn On The '24 Land Sweeps

Homebuilders are stoked about better-than-expected demand that arrived ahead of schedule in 2024. For many of them, it's supply -- particularly lot supply -- that represents the red flag risk ahead.

The New Math: The 5 Metrics To Get Right For Success In 2024

Land

The New Math: The 5 Metrics To Get Right For Success In 2024

During the period since the Global Financial Crisis, the underlying math of the homebuilding and residential development business has changed in ways I am not sure has been thought through by all participants.

As Land Inflation Looms Over 2024, New Solutions Emerge

Land

As Land Inflation Looms Over 2024, New Solutions Emerge

Mix shift or not, land and residential building lots are not only the homebuilding and development's precious resource "they're not making any more of," but also the very one 30,000 U.S. localities happen to make a common practice of making less of.

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It's Always About Land In Homebuilding, But Now It's Different

Land

It's Always About Land In Homebuilding, But Now It's Different

Prices for it are high; multiple bidders for it strive to control it and build on it; borrowing costs to finance it are high, time-value-of-money costs for entitlement, permitting, etc. are running longer and longer, and ... "they're not making it anymore" has become "they're making less."

The Lennar Business System: A How-To For De-Risking Land Buys

Land

The Lennar Business System: A How-To For De-Risking Land Buys

Lennar Executive Chairman and Co-CEO Stuart Miller reinforced a mantra he’s been drilling into stakeholders' and observers' heads for years. It’s not complicated to grasp: Starts. Sales. Deliveries.

Here's Homebuilding Data Guru Jody Kahn On The '24 Land Sweeps

Land

Here's Homebuilding Data Guru Jody Kahn On The '24 Land Sweeps

Homebuilders are stoked about better-than-expected demand that arrived ahead of schedule in 2024. For many of them, it's supply -- particularly lot supply -- that represents the red flag risk ahead.

The New Math: The 5 Metrics To Get Right For Success In 2024

Land

The New Math: The 5 Metrics To Get Right For Success In 2024

During the period since the Global Financial Crisis, the underlying math of the homebuilding and residential development business has changed in ways I am not sure has been thought through by all participants.

As Land Inflation Looms Over 2024, New Solutions Emerge

Land

As Land Inflation Looms Over 2024, New Solutions Emerge

Mix shift or not, land and residential building lots are not only the homebuilding and development's precious resource "they're not making any more of," but also the very one 30,000 U.S. localities happen to make a common practice of making less of.

land basis

It's Always About Land In Homebuilding, But Now It's Different

Land 05.29.24

It's Always About Land In Homebuilding, But Now It's Different

Prices for it are high; multiple bidders for it strive to control it and build on it; borrowing costs to finance it are high, time-value-of-money costs for entitlement, permitting, etc. are running longer and longer, and ... "they're not making it anymore" has become "they're making less."

The Lennar Business System: A How-To For De-Risking Land Buys

Land 03.15.24

The Lennar Business System: A How-To For De-Risking Land Buys

Lennar Executive Chairman and Co-CEO Stuart Miller reinforced a mantra he’s been drilling into stakeholders' and observers' heads for years. It’s not complicated to grasp: Starts. Sales. Deliveries.

Here's Homebuilding Data Guru Jody Kahn On The '24 Land Sweeps

Land 03.05.24

Here's Homebuilding Data Guru Jody Kahn On The '24 Land Sweeps

Homebuilders are stoked about better-than-expected demand that arrived ahead of schedule in 2024. For many of them, it's supply -- particularly lot supply -- that represents the red flag risk ahead.

The New Math: The 5 Metrics To Get Right For Success In 2024

Land 12.15.23

The New Math: The 5 Metrics To Get Right For Success In 2024

During the period since the Global Financial Crisis, the underlying math of the homebuilding and residential development business has changed in ways I am not sure has been thought through by all participants.

As Land Inflation Looms Over 2024, New Solutions Emerge

Land 11.15.23

As Land Inflation Looms Over 2024, New Solutions Emerge

Mix shift or not, land and residential building lots are not only the homebuilding and development's precious resource "they're not making any more of," but also the very one 30,000 U.S. localities happen to make a common practice of making less of.