Green Brick leverages industry-leading margins to drive optionality
Green Brick Partners posted a 28.9% Q1 2026 gross margin as incentives rose to 10.1% and Trophy backlog reached 40%.
Residential Real Estate
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KB Home CFO Robert Dillard to resign this month
KB Home Executive Vice President and Chief Financial Officer Robert R. “Rob” Dillard will step down from his role effective May 8, 2026, the Los Angeles-based homebuilder disclosed in a Form 8-K filed with the Securities and Exchange Commission on April 29. Dillard’s departure is “not related to any disagreement with KB Home or its […]
With the Hill in limbo on ROAD Act, the toll on BTR projects climbs
A bipartisan letter questions Section 901 as developers cite frozen lending and lost projects as a result of the provision.
Clayton CrossMod single-section missing middle housing launches
“Try a lot of new things. Keep what works.” This has been an operational mantra at Clayton for more than a decade, inspired by Chairman and CEO Kevin Clayton’s embrace of the Japanese principle of kaizen – constant, patient, humble, unrelenting improvement. That ethos – more discipline than buzzword, more practice than promise – frames […]
Smith Douglas Homes prioritizes pace over price, plays the long game
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
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
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
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.
Minnesota zoning reform push for starter homes falters
A third go at trying to reboot starter-home construction in Minnesota is on life support at the state Legislature, with supporters scrambling to revive it before the session ends. High-profile zoning reform bills failed in a House committee and missed key Senate deadlines late last month, potentially dooming the effort as had happened over the […]
What if the housing shortage era is ending for some metros?
The Changing Landscape “This is not a forecast. A forecast is a prediction, the validity of which my ego and I are professionally responsible for. What I offer here is speculation – something that is likely enough to write about but not so likely that my ego hangs in the balance.” – George Friedman “When […]