What D.R. Horton’s 2027 budget tells rivals about pricing pressure
Horton is expected to target 82,000 to 86,000 closings, keeping discipline as rates stay elevated
Leadership
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Why construction workers face one of the highest suicide risks
CDC data found construction suicide rates ran 4 times the national average, as groups expand toolkits and training
ICE raids strain homebuilder labor, cycle times, and bank lines
ICE arrests rose from 32,545 in May to 49,571 in July; homebuilders cite delays, higher bids, and missed closings in some markets
Homebuilder sellers face tougher prices as M&A appetite slows
Selective acquirers are prioritizing integration and discipline, while smaller builders face margin pressure and tighter credit
Closings per market shows why some builders scale faster
Data suggests local density and differentiation, not market count alone, shape operating leverage and capital allocation
Builders face a tougher math problem as completed inventory rises
With apologies to Jim Morrison and the Doors, the time to hesitate is through
Why 45 homebuilding markets may not beat six high density ones
This analysis separates corporate scale, operating density, and production scale in costs, cycle time, and predictability
Toll Brothers luxury moat meets a tougher market test
Cash buyers were 25% of deliveries, and the average loan-to-value was 69% in fiscal Q3
KB Home’s CEO says scale matters most at the local level
President and CEO Rob McGibney set a goal to be a top-3 builder in each market while keeping Built to Order central to operations
Budget season squeezes private builders on how much risk to carry
NAHB shows development loan effective rates at 12.59%, while single-family starts fell to an 808,000 pace in July