Items Tagged with 'Homebuilders'

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From HW Magazine

Build to rent

The newest trend in SFR presents a big opportunity for builders and investors
Build to rent allows investors to buy newly built homes and rent them out instead of selling them. Because the homes are new, investors are able to charge higher rent prices and tenants often stay in the home for longer periods of time. But the question remains: Why would builders move into the rental market during a time when homes are selling quickly and at higher prices than any time in the past decade?
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Capital Economics: Will President Trump's regulation changes boost housing starts?

3 possible outcomes
Given the recent drought in housing inventory across the nation, the industry welcomed the recent news that homebuilder confidence surged in March due to President Donald Trump’s actions on regulatory reform. The news, while positive, isn’t guaranteed to turn into increased housing starts though. Instead, here are three likely outcomes.
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Lennar finalizes $643 million acquisition of WCI Communities

Lennar pays all cash, citing upside for company’s stock
Lennar is officially growing its business as the company announced Friday that it completed the acquisition of WCI Communities, a “lifestyle community developer and luxury homebuilder” headquartered in Florida. The companies first announced the deal back in September 2016, and after some financial due diligence, the deal is now complete.
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Housing starts see greatest leap in nearly a decade

Thank you, Millennials
Housing starts increased significantly in October, reversing a downward trend and holding the strongest pace since 2007. Interestingly enough, Millennials played a major role in this increase due to their increasing market share. There is still room for growth, however, and one expert explains what housing needs to see from the next administration.
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Home builders stayed confident heading into election

Single-family housing shows slow, gradual growth
Home builders held a high confidence in November right before the election, according to an index from the National Association of Home Builders and Wells Fargo. This confidence is reflective of a continued demand for new housing from first-time homebuyers.
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WCI Communities doesn't find better offer; $643M merger with Lennar to move forward

"Go shop" period expires, but deal isn't done yet
When WCI Communities, a “lifestyle community developer and luxury homebuilder” headquartered in Florida, announced last month that it agreed to a “definitive merger agreement” with fellow homebuilder Lennar for $643 million, the company said that its board was going to take a 35-day “go shop” period to seek a better deal. Now, the 35-day “go shop” period is over and the merger with Lennar is moving forward, but it’s not a done deal yet.
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Lennar agrees to buy luxury homebuilder WCI Communities for $643 million…or does it?

Agreement includes provision that allows WCI to seek better offer
WCI Communities, a “lifestyle community developer and luxury homebuilder” headquartered in Florida, announced this week that it agreed to a “definitive merger agreement” with fellow homebuilder Lennar for quite the premium, but the company is seeking out a better deal.
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Lack of builders holding back housing market

So many construction workers left and never returned
Lack of construction workers is becoming a major issue not just for construction companies, but for the entire housing market. During the housing crisis the industry lost about 30% of its workers. Now, however, those workers don’t want to go back.
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