Keys to the housing market for the rest of 2026
As we gear up for the second half of 2026, what are the key things we should be watching for? With the first six months being a dramatic version of the show 24, we can hope for a calmer second half of 2026 now that the conflict with Iran is hopefully ending. Housing has outperformed some people’s e
What a 50-year-old letter says about accountability in homebuilding
Exactly 50 years ago this time of year, a 51-year-old man handwrote a four-page letter on a legal pad to his then 21-year-old son, one of seven children – six of them sons and one angel of a daughter – who was spending a semester studying in Dublin, Ireland. The letter’s narrative arc, now mostly a
Four rules for underwriting secondary Texas markets in a slower cycle
For the better part of a decade, the Texas growth playbook was remarkably simple. If you wanted scale, liquidity and appreciation, you went to the Texas Triangle: Austin, Dallas–Fort Worth, Houston, and San Antonio and tried to be early to the next ring of rooftops. Those four metros captured the li
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