LandSea Homes Investor Presentation
12
STRONG FUNDAMENTALS
UNDERPIN THE HOMEBUILDER MARKET
Homebuilding Tailwinds
Single-family homes are becoming a more meaningful
component of lifestyle in a post-COVID world
Low-interest rate environment for the foreseeable future
Generational shift with millennials moving from dense,
urban locations
Underlying housing demand robust with supply lagging
new household formations (a trend that is forecasted to
continue)
Low-Rate Environment and Generational Shift Are Facilitating Growth
Homebuyer Demand Index - Seasonally Adjusted¹
30-Year Mortgage Rate²
120
100
80
Woment
60
Jan-17
Jan-18
Source and Notes: 1) Redfin 2) Federal Reserve Bank of St. Louis as of 7/23/2020 3) Federal Reserve Bank of St. Louis as of April 2020.
Jan-19
9.8
Jan-20
¹82
8.2
July 23,
2020:
+33%
'91
3.8
17.3%
Housing Supply Returning to '01 Levels
Months Housing Supply³
¹01
¹82
9.6
10.1%
'07 / '08
'91
4.7
7.1%
Today
'01
6.2%
'07 / '08
3.0%
Today
LANDSEAⓇ
HOMES
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