Peak chaser, world explorer, skyline creator. Living life one slope, trip, and development at a time

🔝 Once again, D.R. Horton and Lennar have secured their positions at the top of the  Builder 100 list.  These two powerhouse builders have consistently held the number one and number two spots since 2014, demonstrating their unwavering dominance in the industry. 📈  Market Share Growth : Combined Impact : Together, D.R. Horton and Lennar account for a remarkable  29%  of total new home sales. This impressive figure represents a significant increase from the 22% they held in 2019. Market Variability : Interestingly, their collective market share varies widely depending on the specific location. In some markets, they command  70% or more  of sales, while in others, their presence is more modest. 🌆  Top Production Markets : Dallas : In the bustling Dallas market, one out of every four home sales can be attributed to either D.R. Horton or Lennar. Their impact here is substantial. Houston : Similarly, in Houston, these builders continue to shape the ...

  As the countdown to the election ticks away, the market's pulse seems surprisingly steady. The anticipated ripples from political promises and the buzz around electric vehicles have barely disturbed the waters of Wall Street. It's a similar story on Main Street, where the election chatter blends into the background noise of daily life. Yet, in the digital realm, cryptocurrencies are pulsing with new vigor. The former President's recent embrace of digital donations has sparked conversations about the political weight of crypto. His campaign's open arms to Bitcoin, Ethereum, and Doge donations are more than a nod to modernity; they're a strategic play for the tech-savvy voter's heart. Amidst this political-crypto dance, the value of Bitcoin has soared, breaching the $70,000 mark. Some attribute this surge to the 'Trump effect,' a theory muddled by concurrent events: a growing anticipation for an Ethereum ETF and a general bullish trend in risk assets. In...

As the snow blankets the peaks and valleys of America's ski destinations, a different kind of flurry has been taking place in the real estate market. The allure of waking up to pristine slopes and the promise of a post-pandemic lifestyle shift has seen the market for homes at ski resorts ascend to new heights. A Market on the Rise The real estate market at ski resorts across the United States has been experiencing a significant upswing. Properties that offer the quintessential ski-in, ski-out experience are particularly in demand, with listings ranging from cozy cabins to luxurious mountain estates¹. The trend is not just confined to the slopes of Colorado or Utah but spans across the nation, from the Sierra Nevada mountains to the East Coast. The Remote Work Revolution One of the key drivers of this boom is the remote work revolution. The pandemic has fundamentally changed how people view their work-life balance, and the possibility of logging in from a home with a view of the ski...

As the real estate market braces for a surge in loan defaults, investors are eyeing a horizon filled with unique opportunities. The current high-interest landscape, coupled with a debt crunch, is setting the stage for a significant shift in the commercial real estate (CRE) sector. The Impending Maturity Wall The Mortgage Bankers Association has sounded the alarm: nearly  $2 trillion  of the  $4.7 trillion  in CRE loans will come due within the next three years. CBRE’s analysis suggests that while many loans will be extended, the market should brace for a wave of forced sales as patience runs thin and defaults increase. A Closer Look at 2024 This year alone, the CRE market is grappling with close to  $900 billion  in loan maturities. Multifamily properties, with  $257 billion , and office spaces, at  $206 billion , are at the forefront. The ripple effect of previously extended loans has added an extra  $271 billion  to this year’s financi...