Toll Brothers announces Karl Mistry as new CEO, Doug Yearley to become Executive Chairman
Karl Mistry becomes CEO as Toll Brothers leans on high-income buyers and plans its complete exit from the multifamily business.
Leadership
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Learning, capital, and demand: The critical levers for homebuilders in 2026
Many owners, presidents, CEOs, and business leaders we’ve gotten to know over the years at America’s homebuilding firms begin and end each day by turning on the lights, making coffee, and setting out to improve at least three aspects of their operations. January 5, 2026. January 6, 2026. January 31, 2026. And eventually, on December […]
KB Home bets on built-to-order strategy amid a spec-heavy market
KB Home’s focus on built-to-order homes seeks higher margins but may reduce sales volume as market conditions remain volatile.
Dwight Schar, founder of NVR Inc., has died
Dwight Schar, NVR founder and former executive chairman, has died. He was key to NVR’s growth and was also once a minority owner of the Washington Commanders NFL franchise.
Lennar targets margin stability with operational efficiency and steady volume
Lennar is targeting 3% delivery growth in 2026, relying on operational improvements and a land-light strategy to manage margin pressures and support affordable supply.
Homebuilder confidence ticks up but remains low
Builder confidence rose slightly in December but remains low, with 40% of builders cutting prices and 67% offering incentives. Entry-level homebuilders face the greatest challenges due to shrinking margins and weak demand.
Toll Brothers leans on luxury to navigate homebuilding’s headwinds
Toll Brothers’ focus on affluent buyers and luxury homes supports healthy margins and steady growth, even as broader housing demand remains weak.
Hovnanian seeks course correction as stock craters, earnings fall
Hovnanian Enterprises’ stock fell 22.51% on Thursday after the company reported a Q4 net loss and declining margins, prompting a shift away from entry-level buyers and an increased emphasis on the active adult segement. Executives expect improved performance in 2026.
Why it’s too easy to say ‘no’ to new-home development in America
It’s homebuilders’ last push, and their business and channel partners operate through friction on every front. It’s not a normal market. It’s come to this: Owning a home – especially a newly built one – in too many markets, for too many of America’s working households, means owning a luxury good, not for people with […]
Are mortgage buydowns a lifeline or a risk for new homebuyers?
Large builders’ mortgage buydowns make new homes more accessible but may artificially inflate prices. There’s an open debate regarding the long-term impact for buyers.