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Local Housing Markets Report Low Inventory in October

Pro Builder

Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Housing inventory could increase on a year-over-year basis during the winter months, but will still remain at historically low levels, says Bill McBride in the CalculatedRisk Newsletter. .

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Sun Belt Metros Lead the U.S. in Home Building

Pro Builder

Sun Belt metros are leading a resurgence in homebuilding as prices soar and inventory declines amid elevated demand from migrating buyers. Other sunny metros like Raleigh, Jacksonville, Nashville, and Charlotte followed closely behind, and other Texas hotspots like Houston and Dallas are also included in the top ten. New-Home Sales.

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Single Family Build-For-Rent Homes Reach All-Time High

Pro Builder

leads the market with 5,500 homes under construction in 2023, followed by Dallas (4,400 units), and Houston, Texas (2,600 units). increased its inventory by 380 percent, going from having 382 single-family rentals in 2017 to 1,834 rentals in 2022. Jacksonville, Fla., Jacksonville, Fla., Phoenix, Ariz., Atlanta, Ga.,

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How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

But when it comes to land inventory strategies, most builders seem reluctant to rely on a “just-in-time” model to acquire land as needed for immediate construction. Certainly, publicly traded home builders have pivoted to land-light business models that allow them to forgo owning years’ worth of land inventory.

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Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40

Pro Builder

Several of our young leaders also took their family businesses to the next level by targeting 55+ buyers or streamlining selections so projects would move faster from contract to construction. Koby Bowen , 38, President / CEO of Construction and Design, Homes of Distinction, Rogers, Ark. Horton, Denver. Itasca, Ill. Valparaiso, Ind.