Leadership – Cantilever Real Estate

Sumitomo Forestry buys Tri Pointe, resetting the arc of homebuilder scale

February 13, 2026 by bp56691

Within a couple of weeks of exactly this time two years ago, the lead-in to a blockbuster $4.9 billion M&A deal involving a Japan-based acquirer of a national public homebuilding enterprise practically wrote itself: “A top-five-ranked U.S. homebuilding company doesn’t happen overnight…. Except when it does.” That same lead applies to 2026’s supercharged kickoff in […]

Taylor Morrison’s 2026 rebalance: romance over discounts

February 12, 2026 by bp56691

Demand that is awakened — lit by a flame, chasing a well-deserved dream home — is fundamentally different from demand sparked by being a rental refugee, where the walls have closed in and every monthly payment feels like a frittered-away sum that could have done more. Serving both customers today increasingly looks like operating in […]

A spring selling eve – pre-game – note to homebuilding leaders

February 6, 2026 by bp56691

Homebuilders — many we talk with — are calling today’s selling environment one of “demand uncertainty.” The phrase is clear. Traffic is uneven. Conversions are harder to forecast. Buyers hesitate longer, ask sharper questions, and walk away more often. The label itself may quietly misdirect leadership’s attention toward forces builders cannot control — and away […]

The best offense is a leaner, meaner next drive: Century’s playbook

February 4, 2026 by bp56691

Cycle time, incentives, land optionality, and mortgage tools: the defense moves that set up the next offensive run

Meritage holds its line as new-home demand turns inelastic

January 30, 2026 by bp56691

There’s a version of this market where “buying sales” becomes the default operating system for nearly everyone. When that happens, the question stops being whether incentives rise. They do. The real question becomes: who has the operational and balance-sheet self-control to decide where to lean in—and where to hold the line—even if it means slower […]

NVR’s Q4 and the value of staying land-light in a headwinds market

January 29, 2026 by bp56691

A headwinds-meets-crosswinds housing market buffets homebuilding business leaders as 2026’s spring selling stretch lies just ahead. Almost in everything, everywhere and all at once, homebuilding firms are buying sales, trying not to be among those whose inventory ages on the vine. An outlying knack for sustaining a new-order pace, defined less by price discovery and […]

What D.R. Horton’s dominance means for every U.S. homebuilder

January 21, 2026 by bp56691

We’ve said it before. When D.R. Horton reports its quarterly earnings, what you’re watching isn’t just the scoreboard of America’s largest homebuilder. You’re watching a business model operating at a different altitude — and with different oxygen — than almost every other homebuilding enterprise in the country. And when it performs, the implications go far […]

Invitation Homes’ $89 million ResiBuilt buy brings building in-house

January 16, 2026 by bp56691

Invitation Homes’ $89 million acquisition of ResiBuilt – one of homebuilding mergers and acquisitions’ 2026 table-setters – is a “small” deal that can change the rules of engagement and shift the balance of competitive power for two adjacent ecosystems. Here’s the context: Single-family rental REITs, with an exception or two, have historically been buyers of […]

Builders greet 2026 squeezed by policy flux and margin erosion

January 13, 2026 by bp56691

By the time the homebuilding industry reaches Super Bowl LX on Sunday, Feb. 8, the stakes will be unmistakable. That date marks more than the unofficial kickoff to Spring Selling Season, for U.S. homebuilders large and small. It signals the point at which months of price capitulation, incentive layering, cost cutting, and balance-sheet triage either […]

Housing starts fall to lowest point since 2020, led by a stall in the Sun Belt

January 9, 2026 by bp56691

Housing starts fell 7.8% year-over-year in October, led by steep declines in the Sunbelt and Mountain West regions.