Builders face challenges in 2016. When did they not?

Add 'em up: oil glut, China slowdown, wage inertia, interest rate increases, student debt, labor capacity constraints, AD&C lending tightness, wealth destruction, regulatory and legislative paralysis.

Now, breathe. Oops, not to mention natural disasters, drought and flood effects, and human-related event dislocations, such as terrorism, mass murders, etc.

Now, breathe. Really.

People want home. They want community. They want safety. They want connection. They want a dream. Builders, manufacturers, material suppliers, local governments, and Wall Street--at the end of the day--know that.

Now breathe.

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