Triple Whammy Slows Homebuilders

Homebuilders are an optimistic bunch. They normally purchase land or finished lots, spend thousands on lumber and myriad other materials, and start putting up houses – often before the first customer walks in the door.  That’s not the case now, though, and hasn’t been...

Fewer New Houses Coming, Not More

Anyone hoping builders will be putting up enough houses to alleviate the shortage on the market may just as well wish to see the tooth fairy. According to one longtime industry observer, it ain’t gonna happen – at least, “not anytime soon.”  The number of actively...