Remove Debt Remove Inventory Remove Profitability Remove Security
article thumbnail

Housing Outlook: Is This a Recession … or Not?

Pro Builder

A low unemployment rate (3.5%, the lowest rate since the 1960s ), strong household balance sheets, increased consumer spending on services, and still-positive corporate profits, he says, are bolstering and balancing the economy. We will see rising inventory, fewer transactions, and probably falling home prices.”. in 2022 and 0.7%

Housing 98
article thumbnail

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. In the Real World.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Is it profitable? In the last quarter of 2019, he looked at his spec home inventory and decided he needed to move some units. If you have many homes in inventory, don’t wait until your competitors drop their prices, making your products uncompetitive. namely, are you running a good business?

article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Ivory knew the big-picture problem was way over the head of one person or company to achieve a widespread, lasting impact; it called for an army to navigate the maze of barriers that hinder entry-level homes from penciling out on a profit and loss report and gaining community support. RELATED: How Small and Medium-Size Builders Can Prevail.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). In addition, the non-profit organization must receive 75% of its income from out-of-state sources.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. In addition, the non-profit organization must receive 75 percent of its income from out-of-state sources.

Income 75
article thumbnail

New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans may be used for, but not limited to: upgrading display lighting, advertising and promotion, payroll for additional staff and training, purchase of computers to enhance inventory control, and the purchase of display cabinets, furniture and fixtures. Fixed asset loans of up to $20,000 for terms not to exceed seven years. Eligibility.