Homebuilders – Page 4 – Cantilever Real Estate

Thomas James Homes’ new CEO details the firm’s go-forward plan

May 7, 2026 by bp56691

New CEO Steve Schlageter says Thomas James Homes will keep prioritizing premium single-lot infill where demand is steady and supply is limited. TJH is strengthening operations in current markets and expects growth to accelerate in 2027 to 2029.

Millrose Properties one-year report card, Q1 2026 earnings

May 6, 2026 by bp56691

A year ago, when Lennar completed the spin-off of Millrose Properties into a standalone, publicly traded REIT, the sheer size, root motivation and the complex nature of the pivot ushered in an era of land-banking unlike any before. Global capital asset managers followed suit. Land-banking and asset-light or land-light business and balance sheet management began […]

Green Brick leverages industry-leading margins to drive optionality

May 4, 2026 by bp56691

Green Brick Partners posted a 28.9% Q1 2026 gross margin as incentives rose to 10.1% and Trophy backlog reached 40%.

Smith Douglas Homes prioritizes pace over price, plays the long game

April 30, 2026 by bp56691

Smith Douglas posted 28% higher net new orders in Q1 2026, but gross margin fell to 19.6% as incentives hit 730 basis points.

Why LGI Homes is the clearest read on entry-level buyer math

April 30, 2026 by bp56691

A tale of two Spring Selling housing markets set the scene for LGI Homes’ Q1 2026 earnings release this week. Structurally, it’s not a market short on demand. Behaviorally and psychologically, though, it’s got homebuilders struggling to convert it. Team LGI’s performance – and every other public homebuilder in the current earnings cycle, for that […]

Housing starts overachieved in March amid warning signs aplenty

April 29, 2026 by bp56691

March starts reached 1.5 million, single-family 1.03 million, while permits fell 10.8% and completions dropped 13.5% year over year.

Century’s spec and land optionality model zigs as others zag

April 27, 2026 by bp56691

Century Communities raised gross margin to 17.8% and cut incentives to 12.5% as deliveries slowed to just over 2,000 in Q1 2026.

PulteGroup targets margin stability through an upward mix shift

April 24, 2026 by bp56691

PulteGroup’s Q1 2026 ASP fell 5% to $542,000, incentives rose to 10.9%, and gross margin declined to 24.4%.

Meritage Q1 2026 shows why incentives are the new battlefield

April 24, 2026 by bp56691

The mid-spring earnings cycle has produced a common-language reality check for America’s public homebuilders: the operating backdrop worsened faster than many management teams expected. In such a context of nearly-universal challenge, doing less-worse may count as a win. Meritage Homes’ Q1 2026 numbers serve as a case in point Orders fell 5% year over year, […]

Taylor Morrison pares incentives and leans into buyer choice

April 23, 2026 by bp56691

Tactical discounts, escalating incentives, absorption-at-any-cost strategies, … you all well know the routine of buying sales and making next to no money in Spring 2026. But that’s not for everybody. Exceptions are out there, public and private. Taylor Morrison has chosen a playbook and is well into executing a game plan that leans on the […]