Financial

Financials

Business financials advice, reports, and trends for professional home builders and remodelers.



News

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.

News

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.

News

Almost three quarters of Americans give home buying the thumbs up, from 64 percent in a Fannie Mae survey conducted in January.

Features

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.

News

Analysts have lowered estimates for a recovery in the housing market between next year and 2014.

News

Professional Remodeler editor Jay Sweet answers the most common questions remodelers have about the stimulus package and tax credits.

Features

Get your finances order, and you’ll be able to quickly spot and solve financial problems in your custom home building business.

News

A new radiant heating system from Warmboard aims to make installation easier for custom builders and life quieter for homeowners.

Features

History credits the famous architect Le Corbusier with the phrase "God is in the details." He was offering a more positive affirmation of the old proverb, "The devil is in the details." While I generally have a positive attitude, I believe custom builders are going to find this year that the devil really is in the details.

Features

With no financial benchmarks, small volume builders often repeat the same mistakes. Here are tips for targeting a bigger profit, without selling out.

News

The price of general liability insurance and the ongoing shortage of carriers willing to write such policies for builders pushed these issue to the top of NAHB's annual critical issues surveys. On a scale of one to five, where one equals not at all critical and five equals very critical, general liability insurance cost scored 4.

News

A sense of place matters just as much to luxury home buyers as the details of the floorplan and the quality of the finishes. To deliver on this desire, custom builders can borrow a page from their production builder counterparts. Here Terry Smith of architecture firm Bloodgood Sharp Buster gives a quick tutorial in creating a community theme.

News

Architect Matt Schlueb, principal of Schlueb Architecture, recently designed his own home in Pittsburgh, Pa., with virtually no right angles. Villa Vuoto features 2,600 square feet of living space, three levels, and simple and compounded curves, sloping walls and circular rooms. Designed to provide a stimulating environment for the architect's young son, the project was a prototype for explorin...

Features

Even in these times of economic correction, slowdown, mini-recession or whatever other term is being thrown about these days, custom and luxury builders are optimistic.

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Features

Profit. A misunderstood word if there ever was one.

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FALL 2021

This Month in Custom Builder

Products

The French luxury switches brand Meljac has developed a new solid brass collection in collaboration with Australian designer Marc Newson.

Features

The HS300 whole-house HEPA filtration unit is designed to be installed directly onto the return air plenum of forced air heating/cooling systems.

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