M/I Homes is a leading U.S. residential homebuilder operating across key growth markets in the Midwest, South, and Southeast. The company leverages a vertically integrated approach, controlling the entire value chain from land acquisition through construction to mortgage and title services.Operates an integrated model encompassing land acquisition, development, home construction, and financial services, generating revenue from both home sales and related services.Does this sale signal any change to Creek’s ...

RT Johannes M. Koenraadt (@johannesmkx)In the Netherlands, an old couple in their 80s committed suicide together to avoid an eviction from their holiday home.Due to the housing shortage, the couple were staying at their holiday park bungalow.However, they were set to be evicted and were hit with a 30,000€ fine by the municipality for overstaying the legal 6 month holiday home occupation limit.They had nowhere else to go and likely couldn't afford the fine. May they have a better afterlife than this hell.Mea ...

Core Insights - There is a significant housing shortage in the United States, with estimates suggesting an additional 3 to 4 million homes are needed to meet demand, on top of the normal annual construction of approximately 1.5 million homes [3] Industry Overview - The U.S. housing market is experiencing a supply-demand imbalance, with too few homes available for the number of buyers, leading to increased prices [4] - The Federal Reserve's inclination to lower interest rates may further decrease mortgage rates, potentially fueling a bull run in housing stocks [2] Company Analysis Growth Play - LGI Homes Inc. (LGIH) is a regional homebuilder focusing on first-time homebuyers, currently operating in 21 states [5] - Analysts project LGI Homes will achieve an 11% sales growth this year and 6% growth next year, with total sales expected to reach $2 billion by the end of 2027 [6] Value Play - D.R. Horton Inc. (DHI) is the largest homebuilder in the U.S., operating in 36 states and reporting $34.3 billion in sales last year [7] - Analysts expect D.R. Horton to grow sales in the mid-single-digit percentage range, potentially reaching nearly $40 billion by the end of 2028 [7]

President Trump just signed an executive order intended to reduce housing costs buy imposing a government ban on private equity firms and institutional investors from participating in the single-family homes marketplace. Not only does this proposed overreach interfere with market forces that want to spur more investment in housing, and increase supply, but it will do little to improve housing affordability. ...

Core Viewpoint - D.R. Horton, previously held by Berkshire Hathaway, is viewed as a strong investment opportunity following a recent decline in its stock price, despite Berkshire's exit from the position in Q3 2025 [1][2]. Group 1: Market Context - D.R. Horton's current market capitalization is $46 billion, with a share price of $158.11, reflecting a daily change of 3.21% [3]. - The company has a gross margin of 23.27% and a dividend yield of 1.04% [3]. Group 2: Housing Market Dynamics - There is an ongoing housing shortage in the U.S., with Goldman Sachs estimating a need for an additional 3 million to 4 million homes to balance supply and demand [3][4]. - Housing affordability remains a significant issue, but a gradual recovery is predicted to begin in 2026, which could positively impact D.R. Horton and other homebuilders [4]. Group 3: Company Strengths - D.R. Horton has been the largest homebuilder in the U.S. by volume for 24 years, operating in 126 markets across 36 states, with 63% of its customers being first-time homebuyers [5]. - The company has industry-leading access to land, controlling 445,000 lots and owning 145,500 lots as of the end of 2025, more than any other top 10 homebuilder [6]. Group 4: Performance Metrics - D.R. Horton has outperformed the S&P 500 in total returns over the last three, five, and ten years, ranking in the top quartile of S&P 500 stocks over the past decade [7]. - The company has reduced its number of outstanding shares by 20% over the last five years and increased its dividend by 125% during the same period, indicating strong management performance [8].

Economic Overview - Higher-income households are currently driving consumer spending, supported by home equity and stock market wealth, while lower-income consumers are struggling due to five years of rising prices, which are affecting their purchasing power more than the inflation rate itself [1][2] - The economy is exhibiting a K-shaped recovery, where higher-income individuals are benefiting more than lower-income groups, leading to concerns about sustainability [2][3] Consumer Behavior - Consumer-facing companies report that low and moderate-income consumers are tightening their spending, changing their purchasing habits, and buying less [2] - The top third of income earners account for a disproportionately high share of overall consumption, raising questions about the sustainability of this consumption pattern [3] Labor Market and Wage Gains - A strong labor market has been beneficial for lower-income individuals, with significant wage gains observed in the bottom quartile over the last two years [5] - Maintaining price stability and maximum employment is crucial for supporting lower-income households [6] Housing Market Challenges - The housing market is facing significant challenges, including low supply and high demand, which are exacerbated by the current economic conditions [7][8] - The average age of first-time home buyers has reached a record high of 40 years, indicating affordability issues in the housing market [7] - Structural housing shortages persist, and while interest rate adjustments can be made, they are insufficient to address the underlying issues in the housing market [9]

Housing Crisis Impact - Hong Kong's apartment block fire exacerbates the city's housing shortage [1] - The fire leaves elderly residents, families, and migrant workers homeless [1] Social Impact - The event highlights challenges related to high rents in Hong Kong [1]

Housing Market Trends - Luxury homes are reshaping Nigeria's skyline [1] - The rise of luxury properties is occurring amidst a severe housing shortage in Nigeria [1] Socioeconomic Concerns - The luxury home development raises concerns within a country struggling with housing affordability [1]

The passage of the SB 79 bill and more than 40 other housing reforms this year could be a turning point for a state crippled by its self-inflicted housing shortage https://t.co/E7Dqqr2Nzn ...

Housing Reform - Passage of SB 79 bill and 40+ other housing reforms could be a turning point for the state [1] - The reforms address a self-inflicted housing shortage [1]