Joint Venture Completion Agreements
March 3, 2008
Decline in Home Prices Accelerates | online.wsj.com
Unforseen risks associated with homebuilder joint venture agreements and accompanying completion agreements.
What is the 2008 outlook for homebuilding?
January 14, 2008
Analyzing Homebuilder Risks | seekingalpha.com
What will happen in 2008 for the homebuilding industry? Will cash be generated? Will there be failures? Will there be profits?
Income tax update for homebuilders
December 31, 2007
INCOME TAX UPDATE FOR HOMEBUILDERS | online.wsj.com
What are the econonmic and cash impacts from a tax standpoint of large impairment losses recorded by homebuilders? How/when can cash be recovered from these losses?
Homebuilding Gross Margins May Not Be What They Seem
December 31, 2007
Homebuilding Gross Margins May not Be What They Seem | online.wsj.com
Some reported gross margins from home sales may appear to be higher than they really are. Investors should be alert for situations where reported gross margins are inflated by prior inventory writedowns.
September 7, 2007
credit flu may delay housing recovery | ww.wsjournal.com
Consolidation will occur in the industry The strongest companies will survive the downturn five years from now there will be significant changes to the industry
LOCAL MARKET KNOWLEDGE FOR BUILDERS
August 7, 2007
No Housing Turnaround for Two Years? | www.businessweek.com
1. Favorite First-to-Turn-Around Markets 2. Favorite Long-Term Markets 3. Favorite Market After Housing Bottoms 4. Favorite Fairly Priced, Highly Competitive Markets
July 30, 2007
No Housing Turnaround for Two Years? | www.businessweek.com
Favorite First-to-Turn-Around Markets Favorite Long-Term Markets Favorite Market After Housing Bottoms Favorite Fairly Priced, Highly Competitive Markets
Homebuilding--The Hidden Cash Requirement
July 10, 2007
Rule of Thumb Hammered | online.wsj.com
Payment requirements under land option contracts are an important consideration when evaluating the cash flows of homebuilders.
Resale Home Prices Are Likely to Fall in Many Markets
June 28, 2007
New-home sales continue decline | www.chicagotribune.com
Why so many markets? Why so much in some markets? Why so little in other markets?
June 12, 2007
Housing Stocks Tumble on Higher Rates, Threat of Continued Price Declines | biz.yahoo.com
There is widespread interest in the housing industry, housing stocks and bonds, etc. This impacts many industries and companies. The article offers my point of view about the current state of the homebuilding industry and suggests when and why things will turn around.
Sovereign and financial crises: Europe and the U.S.
January 18, 2012
How much longer can the Japanese Yen be a "haven currency"?
December 13, 2011
Not all bank tech vendors are equal
December 12, 2011
Eksportfinans downgrade surprises investors
December 5, 2011
Why wasn't Italy's situation spotted earlier? And what's next?
November 22, 2011