DeSantis signs Live Local 4.0 housing reform into Florida law

Gov. Ron DeSantis signed the fourth iteration of the Live Local Act on Friday, cementing the state’s commitment to building affordable housing. House Bill 1389 takes effect July 1. It extends state preemption of local zoning rules and closes a loophole that local governments used to discriminate against affordable housing projects with relative impunity. Since […]

Homebuilding scale emerges as a fiduciary priority for boards

A question has hovered over America’s publicly traded homebuilders as the price, pace and margins plot thickened on or about February 28, 2026. How big is big enough anymore, especially with the cloud of uncertainty that intensified on the day the Iran War began? Taylor Morrison Home Corp.‘s recently filed proxy statement, detailing the process […]

KB Home Q2 2026 earnings point to scale vs execution debate

Homebuilding’s mid-year public company earnings season is now looking through the prism of the back half of 2026. Each of the sector’s players had better have put themselves in a good position for some heavy lifting and outperformance, rather than lugging around a forgettable first half. In that light, it’s welcome news that one of […]

Young buyers are priced out in most U.S. metros, Pew data shows

Young buyers are priced out in most U.S. metros, Pew data shows
Buying a first home has gotten materially harder for young adults in most major U.S. metros since 2019, as home values have far outpaced income gains and higher mortgage rates push monthly payments out of reach, according to a new Pew Research Center analysis of American Community Survey data. The study focuses on households headed […]

ROAD work ahead

A fiendishly brilliant advertising copywriter working for Benetton during the “hanging chads” Presidential election controversy in 1992 took a circa-1973 Yogi Berraism and transformed it for a New York City billboard on the heavily trafficked northbound West Side Highway. “It ain’t Oval ‘til it’s Oval!” the message read, as the matter made its way up […]

Builders planned for undersupply, now demand is the swing factor

Builders planned for undersupply, now demand is the swing factor
The “emerging trends” in housing story over the past decade or more has been a tale of magnitude variations on a theme: constrained supply eclipsed by growing demand. If there is one conclusion that rises above all others in this year’s “The State of the Nation’s Housing 2026” report, it is that the industry’s challenge […]

Four rules for underwriting secondary Texas markets in a slower cycle

Four rules for underwriting secondary Texas markets in a slower cycle
For the better part of a decade, the Texas growth playbook was remarkably simple. If you wanted scale, liquidity and appreciation, you went to the Texas Triangle: Austin, Dallas–Fort Worth, Houston, and San Antonio and tried to be early to the next ring of rooftops. Those four metros captured the lion’s share of population and […]