controlled lots

What If? Land Impairments Were Unimaginable. Now They’re Likely 

Like it or not, the axis is unambiguous although the progression is far from inevitable: Jobs, household wherewithal, sales volume, prices, broken deals, distress. Repeatedly, early last year, when we began asking about the likelihood of land impairments hitting homebuilders’ books and business as we played out the impacts of a Federal Reserve looking to […]