Financial
Financial
Business financials advice, reports, and trends for professional home builders and remodelers.
The Five Foundational Cornerstones
Business coach Scott Beebe shares insights into the often ignored business basics that could be the difference between long-term success and failure
Custom Builder
Start With the Why: Fundamentals of the Custom Builder Business
In our inaugural episode of Taking Care of Business, host and custom builder Duane Johns sits down with Scott Beebe, head coach and founder of My Business on Purpose, to talk vision, purpose, mission, values, and more
Business
Why AI Is Now Key to Our Trade Partner Strategy
Thompson Custom Homes Business Manager Erin Day explains how AI became a crucial part of building and maintaining successful trade partner relationships
Business
November Data: Custom Architects Weigh In, New Construction Trends, Contractor Confidence, and Material Price Changes
We've collected highlights from a number of data reports published throughout the industry in November
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Financial
Stagnant economy fuels market for reverse mortgages
As the economy continues to tread water, the number and popularity of reverse mortgages has skyrocketed 166% over the past few years. The mortgages have been especially popular among older, cash-strapped homeowners. Part of the surge is due lower upfront origination and service fees, since lenders are desperate for new business.
Financial
4 tips for strategic planning in today's market
The mid-term elections are over, but there are still several issues that will have a real impact on home builders. Here are four points for strategic perspective that John Burns Real Estate Consulting says will influence business planning in 2011 and beyond.
Financial
Homes Lost To Foreclosure Jump 25 Percent in August To Recession Record
August is one for the books, as mortgage lenders repossessed more homes in August than in any month since the start of the housing crisis. According to foreclosure listing firm RealtyTrac Inc., the rise occurred as the number of properties entering the foreclosure process slowed for the seventh consecutive month. Banks repossessed 95,364 properties in August, up 3 percent from July and an increase of 25 percent from August 2009.
Financial
70 Percent of Americans Surveyed Tell Fannie Mae It's a Good Time To Buy a Home
Almost three quarters of Americans give home buying the thumbs up, from 64 percent in a Fannie Mae survey conducted in January.
Leadership
Master the paperwork: What builders need to file to get financing
What kind of information do the investors need to see from you before they're willing to discuss putting up their cash? For starters, your company's current financial statement and most recent tax return, says Maggie Marotta, principal at Plano, Texas-based Apogee Partners. Marotta offers tips on getting your foot in the door for project financing.
Financial
Major Bank Analysts Bearish on Housing Recovery
Analysts have lowered estimates for a recovery in the housing market between next year and 2014.
Financial
Stimulus Package Q&A
Professional Remodeler editor Jay Sweet answers the most common questions remodelers have about the stimulus package and tax credits.
Financial
It's a Numbers Game: Financial Benchmarking Can Guide Custom Builders to Success
Get your finances order, and you’ll be able to quickly spot and solve financial problems in your custom home building business.
Financial
Warmboard Offers Subfloor Approach to Radiant Heating
A new radiant heating system from Warmboard aims to make installation easier for custom builders and life quieter for homeowners.
Leadership
The Art of Benchmarking
With no financial benchmarks, small volume builders often repeat the same mistakes. Here are tips for targeting a bigger profit, without selling out.