• Employ a proprietary statistical arbitrage model to rank the homebuilding companies under our coverage. Our model uses a traditional earnings model alongside momentum variables and metrics specific to the homebuilding sector.

• Differentiate from other analysts in the sector by utilizing estimates containing macroeconomic outlook rather than using historical data which can be flawed when compared to previous housing cycles.

• Communicate with various homebuilding management teams and industry contacts.

• Run channel checks for homebuilding orders in various U.S. regions.