Builders slow starts in May to rebalance pricing and incentives

Builders slow starts in May to rebalance pricing and incentives
The real story in today’s Monthly New Residential Construction release from the Census Bureau isn’t a collapse in construction. It’s a production strategy that took shape months ago. Headlines – and their sibling, “headline risk” –don’t enjoy a particularly good reputation among most homebuilding business executives who have chosen to talk with and listen to […]

Why hazard insurance is becoming a housing market constraint

Why hazard insurance is becoming a housing market constraint
The U.S. needs a new strategy to address the significant recovery costs following large-scale disasters  Disasters such as fires, floods and tornadoes are striking a widening geographic area across our country, and their frequency appears to be rising. The cobbled-together framework of consumers’ hazard insurance policies, state insurance programs, the national flood insurance program, and […]