Guard Your Traffic: Uncertainty is Raising the Caution Flag
By Emma Shinn, MBA, CPA
Shinn Group
In today’s business environment, metrics have become a favorite analytical tool. However, looking at too many metrics can be confusing and distract home builders from focusing on one of the most important metrics at this moment: TRAFFIC. And not just traffic, but the ongoing trend on the traffic numbers from week to week in the local market and each community or product type.
Builder Forward Commitments: Your Competitive Advantage
In today’s market, balancing affordability for buyers with maintaining your profitability is no easy task. Rising interest rates have left many buyers on the sidelines, and price reductions aren’t always the best solution. That’s where Builder Forward Commitments come in—a strategy that lets you secure better financing rates for your buyers, keeping them engaged without sacrificing your bottom line.
We are deeply saddened to share the news that Bernie Glieberman passed away on August 26. Bernie was one of the founding members of our Benchmark builder group. We will remember his passion for the housing industry, resilience, impressive list of accomplishments, and never-ending fight for affordable housing.
Pat Hamill, Oakwood Homes' co-founder, has transitioned from CEO to strategic advisor. Read Builder Magazine's article featuring a Q&A with Pat Hamill here.
With more than 74,000 voters, Emser Tile has won not only one but two KBB Readers' Choice Awards: Kitchen Flooring and Bath Flooring! Read more
Schuber Mitchell Homes, a leading homebuilder in Arkansas, Oklahoma and Missouri, announces acquisition of Cronkhite Homes. Read more
