Housing Boom Sparks Fears Over Lack of Land for New Homes

Housing Boom Sparks Fears Over Lack of Land for New Homes sign pointing to new homes for sale A sign is posted in front of new homes for sale at Hamilton Cottages on September 24, 2020, in Novato, Calif. (Justin Sullivan/Getty Images)

By Jeffrey Rodack | Friday, 25 December 2020 02:20 PM

Builders are growing worried they are running out of land to meet the surging demand for new homes.

The Wall Street Journal reported record low interest rates and a new premium on space during the pandemic have generated the biggest housing boom in years.

And a shortage of previously owned homes on the market is leading to an increase in buyers wanting new construction.

Builders, with much of their land inventory still in the development process, face the prospect of a shortage of finished lots or land that can be built on, said Jody Kahn, senior vice president at John Burns Real Estate Consulting LLC.

And Phillippe Lord, chief operating officer at Scottsdale, Arizona-based builder Meritage Homes Corp. said: ''The competition for land is extremely high as the homebuying demand grows.''

New home sales soared 20.8% on a year-on-year basis. The government reported last week that single-family homebuilding, the largest share of the housing market, increased in November to the highest level since April 2007.

But persistent shortages of land, materials and skilled labor are increasing construction costs for builders.

Luke Pickerill, owner of MonteVista Homes in Bend, Oregon, said: ''In Central Oregon, I will literally be out of lots and I’ll have nothing to sell'' by next month. ''All of the inventory that we expected to be selling in quarter one and quarter two of next year, we’ve now sold through it already this year.''

McRaven Calls Pentagon’s Post-Esper Team ‘Inexperienced’

McRaven Calls Pentagon's Post-Esper Team 'Inexperienced' mark esper answers questions at a table Former Sec. of Defense Mark Esper in July 2020. (AP Photo/Evan Vucci, File)

By Cathy Burke | Sunday, 29 November 2020 11:35 AM

Retired Navy Adm. William McRaven, a former commander of the U.S. Special Operations Command and a critic of President Donald Trump, said Sunday the Pentagon’s new team after Defense Secretary Mark Esper’s firing is “inexperienced.”

In an interview on ABC News’ “This Week,” McRaven said he isn’t questioning the competence of Acting Secretary of Defense Christopher Miller, Michael Ellis, a new general counsel at the National Security Agency, and new Pentagon advisor retired Army Col. Douglas Macgregor.

But he said they were made with a political agenda in mind.

“The new team, maybe they’re good folks but they are inexperienced,” McRaven said. “And what they are trying to do, of course, is to push forward President [Donald] Trump’s agenda, particularly when it comes to Iraq and Afghanistan, and drawing down the number of troops in Iraq and Afghanistan.”

“What I’ve said before is, look, we can have reasonable policy discussions on how many people we ought to have in Iraq and Afghanistan,” he continued.

“But what we don’t want to do is we don’t want to rush to failure. We don’t want to pull everybody out of Afghanistan and risk putting the troops … in greater harm’s way.”

He added the new team “appears” to be “really rushing to get a lot of Trump’s agenda resolved before a President [Joe] Biden comes on.”

Original Article

Roger Stone to Newsmax TV: Evidence Denial Is a Media ‘Stunt’

Roger Stone to Newsmax TV: Evidence Denial Is a Media 'Stunt' (Newsmax TV's "The Count")

By Eric Mack | Saturday, 28 November 2020 10:33 PM

The breathless claims of "no evidence" of voter fraud is a "mainstream media stunt," according to Roger Stone on Newsmax TV.

"I think the mainstream media stunt of saying there's no evidence whatsoever of voter fraud is patently absurd, because the evidence is not only overwhelming, it's also compelling," Stone told Saturday's "The Count" hosted by Tom Basile and Mark Halperin.

Stone pointed to the "old fashioned, urban, Democrat vote-stealing machine" and "serious evidence of cyber manipulation of the vote."

Asked by Halperin if President Donald Trump does not succeed in his legal challenge, who could beat him in the Republican Party in 2024?

"That would be no one," Stone said. "This president is even more popular than the great Ronald Reagan was."

Stone added Reagan's GOP approval rating was a "marvel" in the high 80s.

"Donald Trump has approval ratings in the mid-90s, which I've never seen in American politics," Stone added.

"The grassroots of the Republican Party loves Donald Trump."

Important: See Newsmax TV now carried in 70 million cable homes, on DirecTV Ch. 349, Dish Network Ch. 216, Xfinity Ch. 1115, Spectrum, U-verse Ch. 1220, FiOS Ch. 615, Optimum Ch. 102, Cox cable, Suddenlink Ch. 102, CenturyLink 1209, Mediacom Ch. 277, Frontier 615 or Find More Cable Systems – Click Here.

Roger Stone to Newsmax TV: Evidence Denial Is a Media ‘Stunt’

Roger Stone to Newsmax TV: Evidence Denial Is a Media 'Stunt' (Newsmax TV's "The Count")

By Eric Mack | Saturday, 28 November 2020 10:33 PM

The breathless claims of "no evidence" of voter fraud is a "mainstream media stunt," according to Roger Stone on Newsmax TV.

"I think the mainstream media stunt of saying there's no evidence whatsoever of voter fraud is patently absurd, because the evidence is not only overwhelming, it's also compelling," Stone told Saturday's "The Count" hosted by Tom Basile and Mark Halperin.

Stone pointed to the "old fashioned, urban, Democrat vote-stealing machine" and "serious evidence of cyber manipulation of the vote."

Asked by Halperin if President Donald Trump does not succeed in his legal challenge, who could beat him in the Republican Party in 2024?

"That would be no one," Stone said. "This president is even more popular than the great Ronald Reagan was."

Stone added Reagan's GOP approval rating was a "marvel" in the high 80s.

"Donald Trump has approval ratings in the mid-90s, which I've never seen in American politics," Stone added.

"The grassroots of the Republican Party loves Donald Trump."

Important: See Newsmax TV now carried in 70 million cable homes, on DirecTV Ch. 349, Dish Network Ch. 216, Xfinity Ch. 1115, Spectrum, U-verse Ch. 1220, FiOS Ch. 615, Optimum Ch. 102, Cox cable, Suddenlink Ch. 102, CenturyLink 1209, Mediacom Ch. 277, Frontier 615 or Find More Cable Systems – Click Here.

Original Article

Joe Arpaio to Newsmax TV: Sheriffs Have to Decide on COVID Mandates

Joe Arpaio to Newsmax TV: Sheriffs Have to Decide on COVID Mandates (Newsmax TV)

By Sandy Fitzgerald | Saturday, 28 November 2020 09:12 PM

Former Maricopa County Sheriff Joe Arpaio told Newsmax TV Saturday he doesn't blame law enforcement officers for not going after people who are breaking lockdown restrictions in places like California and New York because they have "other priorities" that are more important right now.

"I look at them to make up their own decisions," the famous Arizona lawman told Newsmax TV's "The Count." "They have to report to their own constituency."

All sheriffs have their own way of doing business, Arpaio said, and he doesn't criticize them when they're not enforcing the laws set up by governors like California Gov. Gavin Newsom and New York Gov. Andrew Cuomo.

However, Arpaio did praise President Donald Trump for his push behind the development of a coronavirus vaccine.

"He knows how to deal with CEOs," said Arpaio. "When you talk about the vaccine, he's the one that got that going … he doesn't get the credit he deserves when he knows how to negotiate with big companies. Look how quick they rushed the vaccine to help the people of this country."

Arpaio also said that he's urging Trump not to surrender the 2020 election until the final results are in.

"I pointed out that he would be the next president," Arpaio said. "Something in my gut told me he would be a great president."

Arpaio added that Trump has got to have a "trick up his sleeve" where the election is concerned.

Trump also pardoned Arpaio in 2017, and the sheriff said that came after he was targeted for his stance on immigration and on President Barack Obama's birth certificate.

They went after me," he said. "The president pardoned me and I thanked him for that."

Important: See Newsmax TV now carried in 70 million cable homes, on DirecTV Ch. 349, Dish Network Ch. 216, Xfinity Ch. 1115, Spectrum, U-verse Ch. 1220, FiOS Ch. 615, Optimum Ch. 102, Cox cable, Suddenlink Ch. 102, CenturyLink 1209, Mediacom Ch. 277, Frontier 615 or Find More Cable Systems – Click Here.

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