Climate-Driven Insurance Hikes are Making Affordable Housing Even Harder to Build
Climate change is driving up insurance costs for real estate, especially in the coastal Southeast where hurricanes are a threat.
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New This Week
Governor Hochul Announces 71,000 New Homes in New York City Will Be Built Through Policies Enacted in State’s Landmark Housing Deal
The state of New York is celebrating the creation of about 71,000 apartments in New York City, including 21,000 affordable
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Min Design Sculpts Planes and Openings Strategically for a Contemplative Home, Capturing Light
In a San Francisco-based project dubbed Capturing Light, local firm Min Design approached the minimal residence by exploring the dynamics
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Softwood Lumber Prices Slip a Little More
The latest Producer Price Index report from the U.S. Bureau of Labor Statistics shows a steady August to September pricing,
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Over 400 New Homes Planned Across Escambia. Here’s What the County Greenlit in September
According to Pensacola News Journal, Escambia County’s Development Review Committee (DRC) approved plans for eight different subdivision projects during September
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Tri Pointe Homes, Inc. Releases 2023 Sustainability Report
Tri Pointe Homes, Inc. (NYSE: TPH), one of the largest homebuilders in the U.S., today announced the release of its
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How Innovative Smart Appliance Technology Enhances Functionality in the Home
According to the NBKA, there’s been a lot of buzz over the past several years about smart technology and how
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What Do Rate Cuts Mean for the K&B Industry?
According to the NBKA, after months of anticipation, the Federal Reserve recently announced a significant .5% rate cut – the
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Home Builders Prepared for Potential Impacts to Supplies, Prices Following Hurricane Milton
According to KGUN Tucson, as Floridians begin rebuilding after the powerful Category 3 storm that hit Wednesday night, home builders
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How Are Second-Home Markets Performing?
According to John Burns Research and Consulting, in 2024, year-to-date second-home sales showed positive momentum. The trend seems counterintuitive amid
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Market-Driven Solutions Will Bolster Nation’s Resilience, Keep Homes Affordable
The National Association of Home Builders (NAHB) told Congress that FEMA’s push for adopting the latest building codes would unnecessarily
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Average US 30-Year Mortgage Rate Surges to 6.32%, Adding Pressure to Buyers Facing High Home Prices
The average rate on a 30-year mortgage in the U.S. surged to 6.32% this week, adding pressure on home buyers
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Construction Pros Expect Interest Rate Cut to Spur New Work
Construction executives welcomed the Federal Reserve’s 0.5 percentage point rate cut announced on Wednesday, saying the move is the start
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Remodeling Market Sentiment Dips in Third Quarter
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter, posting
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Top 3 New Home Trends Anticipated for 2025
With 2024 almost half done, designers are already setting their sights on an even more dynamic and innovative 2025. To
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9 Emerging Home Building Trends
Homebuilders have faced their share of challenges in recent years. Material shortages and increased costs have forced builders to be
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Irvine approves zoning for more housing over airport commission’s objections
Prompted by state housing mandates, the Irvine City Council voted to override the Orange County Airport Land Use Commission’s concerns
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California Housing Market Overview
What is the housing market like right now? In August 2024, home prices in California were up 3.0% compared to
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How to Support Hurricane Milton and Helene Recovery Efforts
Hurricane Milton made landfall this week as a category 3 hurricane, bringing a devastating storm surge, high winds, tornados and
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Dear Consultant: What happens to housing markets after a hurricane?
John Burns Research & Consulting was asked, “How does Florida’s housing market compare to the rest of the country?” But
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Desert Property Designed in Fluidity With Nature and Dreams
This Gold Nugget-winning residence in Scottsdale, Arizona artfully blends nature with modernism in this forever-home In search of their perfect
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The Award-Winning Design Home for Madrone Ridge in Healdsburg, California
According to the AIA, this Northern California home responds to the environmental conditions that surround it. Eschewing a central, clustered
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Elevating the Master-Planned Community
Since taking off in the late 1950s and 1960s, the Master Planned Community (MPC) continues to flourish. According to findings
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Framing Lumber Prices
According to the NAHB, the framing lumber composite price dropped 0.3% for the week ending on Sept. 27 compared to
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C.A.R. releases its 2025 California Housing Market Forecast
According to PR Newswire, a more favorable interest rate environment that will loosen up the “lock-in” effect and improve housing
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Consumers Are Growing More Optimistic About the Housing Market
According to Yahoo News, Consumers are more confident about the housing market than they’ve been in two years, with many
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How to Change the Conversation About Construction Careers
The home building industry faces a labor shortage partly due to negative perceptions and stereotypes, particularly among parents who influence
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A New Report Illustrates Just How Stuck the Housing Market Is
The U.S. housing market in 2024 is at its slowest in 30 years, with only 2.5% of homes changing hands
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Hurricane Milton Is a Category 5. Florida Orders Evacuations and Scrambles to Clear Helene’s Debris
According to AP News, Florida’s storm-battered Gulf Coast raced against a Category 5 hurricane Monday as workers sprinted to pick
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Custom Home Building Sees Best Quarter in Almost 2 years
According to NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey, custom home
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The 2024 Energy Code Features More Flexibility for Builders
On August 14, the International Code Council (ICC) released the 2024 International Energy Conservation Code (IECC). This model code establishes
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