The World Prepares to Re-Open Economies
Recovery will likely accelerate slow-building trends BY PATRICK DUFFY Amonth ago, I wrote about an econ- omy in disarray due
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New This Week
New Single Family Homes Took Nearly 30% Of All Home Sales In The Third Quarter
Newly built single family homes made up roughly one in three U.S. home sales in the third quarter; the third
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Builders Stay Busy Despite New Home Starts Slowing
New home starts have been down permits wise across the state, but the demand is still up and the market
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How Scholarships Help the Students of Today Become the Homebuilders of Tomorrow
With our ongoing housing crisis, it has never been as important to ensure the success of homebuilding than it is
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Efficiency Backed by Sustainability
Verandah at Valley Oaks is a testament to clean building with nearly zero lumber waste. By Hanna Heiss Driven by
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U.S. New-Home Sales Unexpectedly Rise, Driven by Demand in South
New home sales rose, climbing 7.5% in purchases. According to Bloomberg, sales of new US homes unexpectedly rose in October, largely
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Mortgage Applications Climb Again
In the week ending in November 18, mortgage applications climbed 2.2%. According to Mortgage Professional America, the MBA’s market composite index
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Moody’s Chief Economist Mark Zandi on a Market Correction, Not Crash
Although it’s a close call, Zandi predicts the Federal Reserve can stick a soft landing. “I expect prices to be down
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Potential for the Housing Market to Begin to Stabilize
According to First American Chief Economist Mark Fleming, the housing market may begin to stabilize in 2023 based on the
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Selling New Homes in a High-Rate Environment
New home trends from John Burns Real Estate Consulting’s Senior Research Analyst Anja Seng to increase demand for new homes.
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Toll Brothers Apartment Living® and Equity Residential Celebrate the Groundbreaking of Three New Luxury Rental Communities in North Texas
The groundbreaking marks the start of construction of more than 1,000 luxury units throughout Dallas-Fort Worth area, and kicks off
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Landsea Homes Announces Final Home Opportunities at Two Greater Orlando Communities
–Â Ardmore Reserve consists of 674 single-family homes – Celery Oaks consists of 103 single-family homes – High Performance Homes surrounded
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U.S. Building Materials Prices Decreased in October
The prices of U.S. building materials decreased by 0.2% in October, following a 0.5% decline in September. According to Lesprom, the
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Mortgage Applications Increase Following Brief Pause in Rate Hikes
As one form of activity remains low, mortgage applications drive weekly increase. According to Mortgage Professional America, “Mortgage rates decreased last
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Family Development and Mosaic Break Ground On 209-Unit Luxury Rental Community
Construction is underway at Town Germann, a single-family for-rent gated community. Family Development and Mosaic have announced the groundbreaking at Town
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FHFA Announces 2023 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac
According to the Federal Housing Finance Agency, “The 2023 multifamily loan caps, coupled with a new mission-driven category for workforce housing
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What Do the Midterm Results Mean for Housing?
According to NAHB, housing has always been a bipartisan issue. High home prices have pushed ownership out of reach for most
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Two Landsea Homes Communities In Greater Phoenix Metro Area Are Now Sold Out
Riata at Alamar consists of 75 single-family homes Farmstead at Harvest consists of 90 single-family homes High Performance Homes surrounded
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Framing Lumber Prices Close to Pre-Pandemic Levels
Lumber is at $447 per 1000 board feet, down from the peak of $1,733, and down 33% from $663 a
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Build-to-Rent Communities Offer Affordability Amid Rising Interest Rates
The density of units in build-to-rent communities offsets the higher costs required to purchase land. According to ReBusiness, the BTR
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Housing Market Will Lead Us Out of a Recession
Mortgage rates, though expected to rise, won’t move much higher than they are now. According to Fox Business, the housing market
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U.S. Mortgage Rates Slip From Record High After Fed Rate Hike
The 30-year fixed mortgage rate fell to 6.95% as of November 3. According Mortgage Professional America, the drop followed the
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Hudson by Landsea Homes Grand Opens in Placentia
New community of 139 townhomes offers opportunity for attainably priced, high-quality housing in Orange County Placentia, CA. — Landsea Homes Corporation (Nasdaq:
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KB Home Launches First Microgrid Communities in California
The first all-electric, solar- and battery-powered microgrid communities in California have been announced by KB Home. According to Businesswire, every new
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Lumber Prices Drop Near Pre-pandemic Levels
In the last 90 days lumber supplies pricing for new homes dropped $6,000. According to Concho Valley, “It’s a good
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Mortgage Rates Fall for First Time in Months
For the first time in more than two months, mortgage rates fell. According to The Hill, the MBA’s weekly survey shows
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ULI Releases Emerging Trends in Real Estate 2023
The report includes proprietary data and insights from more than 2,000 leading real estate experts and highlights the real estate
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Millennial Homebuyers Mirroring Preferences of the Silent Generation
The similarities between millennial homebuyers and the silent generation provides insight into future buying trends and amenities needed in their
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U.S. Housing Market is Not Likely Headed Toward a Crash
“If you’re talking about a market that saw prices over the last two years rise 40 or 50 percent, a
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U.S. Home Prices Fall For Second Straight Month in August
The 20-city house-price index fell 1.3% in August, its second consecutive monthly decline. Year-over-year price appreciation rose 13.1%, reflecting the
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Interest in New Homes on the Rise
The share of adults planning a home purchase within a year rose from 13% in the first half of 2022
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AHV Communities Expands Into Southeast Region With New Nashville Office
Leader in Built-for-Rent® and Single-Family Rental Communities Taps Homebuilding Industry Veteran William R. (“Will”) Coles Jr. as Regional President to Lead
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