As of late May, Connecticut joined the growing number of states enacting sweeping housing reforms. State legislators are racing to catch up to a worsening undersupply of new homes and neighborhoods, which has driven up costs further and left tens of thousands frozen out of access to a decent home. The latest legislation is designed […]
In a housing market still holding its breath—pressured by rates, tariffs, and a persistent affordability crunch—Lennar’s Q2 2025 earnings performance dropped a flare across the landscape. The company kept pace with a better-than-expected $2.22 earnings per share on $8.8 billion in revenue. However, make no mistake: Lennar’s volume came at a price. Also, make no […]
Insurance has moved from a background detail in new-home building to a front-line business imperative. Stark numbers make this clear. Since 2019, U.S. home insurance premiums have jumped 38%, outpacing homeowner income growth by a wide 16-point margin, This is where the evolution of embedded insurance into what Mark Tribendis, Vice President of Business Development […]
Once the beating heart of American innovation, sprawling former Bell Labs campuses in New Jersey and Illinois anchor ground zero testing grounds for a new variation on a trendy urban theme, converting office towers to residential. Unlike the empty office towers in Manhattan or D.C. being repurposed for residential use, these iconic research hubs — […]
Despite ongoing political tensions in the nation’s capital, developers and city officials are pressing forward with converting vacant office buildings into housing as affordability and supply constraints persist. Washington, D.C., is leading a national wave of office-to-residential conversions, fueled by the COVID-19 pandemic’s reshaping of work habits and the city’s urgent demand for new homes. […]
The numbers are in. They’re staggering, full of blistering truths and takeaways that quantify the epic opportunity cost of homebuilding labor capacity constraint from the ground up. A new report by the Home Builders Institute (HBI) and the National Association of Home Builders (NAHB), pegs the economic loss from the nation’s skilled labor crisis at […]
There are a lot of housing events out there. Conferences with big speakers, slide decks, happy hours, and well-meaning panels. Our first batch of homebuilding business leader attendees has registered for Focus On Excellence because they expect an experience different from virtually all the other leadership gatherings. The dates are Oct. 27-29 at the Four […]
As Congress hashes out details in a push to legislate the “One Big Beautiful Bill” amid theatrics, antics, and gambits on various domestic and global stages, modifications to opportunity zones created after the 2017 Tax Cuts and Jobs Act have managed to avoid the fray. A consequential rewrite of OZ rules is slipping under the […]
Miami has been a hotbed of residential development over the past five years. International migrants supercharged population growth, along with a robust influx of wealthy people, not to mention a steady incoming stream of major financial firm relocations attracted by favorable tax laws. Despite a recent macro slowdown in ground-up housing development and construction, Miami […]
In 1964, President Lyndon B. Johnson launched the Job Corps as a cornerstone of his Great Society initiative, aiming to combat poverty by providing vocational training to disadvantaged youth. Modeled after the Civilian Conservation Corps of the 1930s, Job Corps offered young Americans aged 16 to 24 the opportunity to gain skills in trades such […]
This week, as we announced that our Focus On Excellence registration site went live, we made a claim. This is not just a conference.” What makes Focus On Excellence different? Our program “reveals” over the next couple of weeks will clarify this, and today, we start at the heart and soul of how and why […]
When wildfires swept through Los Angeles in January, hundreds of families lost homes that had stood for generations. When the smoke cleared and the rebuilding process started, California sought to ease some regulations and accelerate permitting so owners could rebuild their homes quickly. They could build up to 110% of their original square footage. Homeowners […]
