Artificial intelligence (AI) and broader tech investment is reshaping broad swaths of the U.S. economy, but its impact on housing is proving far from uniform. HousingWire Data updated July 25 shows a growing divide between markets where AI wealth is supporting demand and those where even strong technology growth has not translated into higher home […]
AI’s housing impact is strong — but highly localized Read More »
While many homebuilders battle a gross margin slippery slope from the 20s into the mid-teens, Green Brick Partners is fairly striding against the tide. During the company’s Q2 earnings call on Thursday, executives said its gross profit margin expanded to 29.8% in Q2, down 150 basis points from a year ago but up 900 basis
Green Brick seizes a margin edge as a land and product outlier Read More »
Federal banking regulators released a Community Reinvestment Act (CRA) proposal Friday that narrows how banks earn credit for community development while raising asset thresholds for small and midsized institutions. The plan drew immediate criticism from consumer and housing advocates. The Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the Currency (OCC)
Regulators move to narrow CRA, drawing fire from advocates Read More »