News

  • Home building employment concentrated in rural markets

    Home building employment concentrated in rural markets

    According to the National Association of Home Builders’ Home Building Geography Index (HBGI), residential construction is playing a larger role in rural and suburban markets. Among the seven HBGI categories, non-metro/micro counties recorded the highest concentration of residential construction employment.

    NAHB’s analysis of county-level data shows that the industry’s employment footprint is particularly large in rural and smaller-market counties, where home building accounts for a greater share of total employment than it does nationally. Large metro core counties are showing relatively lower employment concentration due to their more diversified economies, which are less dependent on home building activity.

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  • Dream Finders Homes makes fifth bid to acquire Beazer Homes

    Dream Finders Homes makes fifth bid to acquire Beazer Homes

    On July 8, 2026, Dream Finders Homes presented its fifth offer to acquire Beazer Homes. While a merger of the two companies would create the sixth-largest homebuilder in the nation, the Board of Directors at Beazer Homes publicly rejected Dream Finders Homes’ third offer in May.

    The most recent offer values Beazer Homes at  $32.00 per share in cash, a steady increase from its first offer in February at $28.50 per share in cash.

    “Beazer’s actions do not appear to be focused on pursuing a path that can maximize value for shareholders,” said Patrick Zalupski, Dream Finders’ Chairman and CEO. “While we would have preferred to continue our discussions privately, Beazer’s proposed non-disclosure agreement and related restrictions go well beyond what is necessary to protect confidential information. Taken together with Beazer’s past unwillingness to engage, these provisions raise questions about whether the Board is prepared to pursue a transaction that we believe would be in the best interest of Beazer shareholders.”

    “The proposals represent a significant and unwarranted discount to Beazer’s inherent value, and neither recent nor historical industry transactions support such a valuation,” wrote the Beazer Board in its rejection of the offer in May.

    Beazer Homes has yet to comment on this fifth offer.

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  • How homebuilding shaped 250 years of U.S. history

    How homebuilding shaped 250 years of U.S. history

    As we celebrate the 250th anniversary of the founding of the United States, one of the most pivotal aspects of the American Dream is homeownership and the homebuilding behind it.

    From the first president’s estate, Mount Vernon, to America’s first planned city, Savannah, Georgia, the history of homebuilding is woven into the fabric of the country.

    Since first studied by the U.S. Census, the homeownership rate in the U.S. in 1965 was 62.9%. There have been periodic increases and dips, while it currently sits at 65.3 in Q1 2026.

    Construction of housing rose to its peak in 2005 with over 2 million housing starts. The National Association of REALTORS estimates the country lacks 4.7 million homes.

    The future landscape of housing production is positive, with a landmark housing bill passed by both the House and the Senate.

    “NAHB applauds lawmakers for working together in a bipartisan, bicameral effort to pass historic housing legislation that will deliver real benefits for the American people,” said Bill Owens, chairman of the National Association of Home Builders. “The 21st Century ROAD to Housing Act will help increase the nation’s housing supply by reducing regulatory barriers and encouraging local governments to reform zoning and land-use policies that have limited home building. By expanding homeownership and rental housing opportunities nationwide, this legislation will help ease the housing affordability crisis.”

    People behind the homebuilding industry play a key part in this country’s founding ideals.

    A celebration of the country’s 250 years of history includes homebuilding.

     

  • Cotality Chief Economist explains ‘geographic split’ in mid-2026 housing market

    Cotality Chief Economist explains ‘geographic split’ in mid-2026 housing market

    Cotality released its July 2026 U.S. home price insights report on July 7, 2026. According to the report, the U.S. housing market is building momentum. Following a steady two-year slowdown, home price appreciation accelerated in May, ticking up to an annual pace of 0.8% from April’s 0.6%. This acceleration indicates that beneath a seemingly frozen surface, local demand is aggressively testing the constraints of elevated mortgage rates.

    “The U.S. housing market in mid-2026 remains firmly entrenched in a geographic split, shaped fundamentally by an affordability gap and a wealth gap that continues to divide buyers across the nation,” said Cotality Chief Economist Dr. Selma Hepp.

    The report found an interesting shift in one of the nation’s housing markets. The West Coast landscape is being propelled by AI investments and newly minted tech wealth. San Francisco’s three-month metric reveals a striking reality: A staggering 7.6% of its 8.9% annual growth occurred in the last 90 days alone.

    “What we are witnessing is a profound segmentation of opportunity,” said Hepp. “Buyers who are well-insulated from mortgage rate volatility, bolstered by substantial accumulated home equity and robust wealth gains, are continuing to look at high-value regions like San Francisco, driving a strong near-9% annual rebound in a market that remains fundamentally healthy and structurally undervalued relative to long-term income baselines.”

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  • Home building employment concentrated in rural markets

    Home building employment concentrated in rural markets

    According to the National Association of Home Builders’ Home Building Geography Index (HBGI), residential construction is playing a larger role in rural and suburban markets. Among the seven HBGI categories, non-metro/micro counties recorded the highest concentration of residential construction employment.

    NAHB’s analysis of county-level data shows that the industry’s employment footprint is particularly large in rural and smaller-market counties, where home building accounts for a greater share of total employment than it does nationally. Large metro core counties are showing relatively lower employment concentration due to their more diversified economies, which are less dependent on home building activity.

    Read Full Article

  • How homebuilding shaped 250 years of U.S. history

    How homebuilding shaped 250 years of U.S. history

    As we celebrate the 250th anniversary of the founding of the United States, one of the most pivotal aspects of the American Dream is homeownership and the homebuilding behind it.

    From the first president’s estate, Mount Vernon, to America’s first planned city, Savannah, Georgia, the history of homebuilding is woven into the fabric of the country.

    Since first studied by the U.S. Census, the homeownership rate in the U.S. in 1965 was 62.9%. There have been periodic increases and dips, while it currently sits at 65.3 in Q1 2026.

    Construction of housing rose to its peak in 2005 with over 2 million housing starts. The National Association of REALTORS estimates the country lacks 4.7 million homes.

    The future landscape of housing production is positive, with a landmark housing bill passed by both the House and the Senate.

    “NAHB applauds lawmakers for working together in a bipartisan, bicameral effort to pass historic housing legislation that will deliver real benefits for the American people,” said Bill Owens, chairman of the National Association of Home Builders. “The 21st Century ROAD to Housing Act will help increase the nation’s housing supply by reducing regulatory barriers and encouraging local governments to reform zoning and land-use policies that have limited home building. By expanding homeownership and rental housing opportunities nationwide, this legislation will help ease the housing affordability crisis.”

    People behind the homebuilding industry play a key part in this country’s founding ideals.

    A celebration of the country’s 250 years of history includes homebuilding.

     

  • D.R. Horton to build nearly 200-home subdivision in Virginia

    D.R. Horton to build nearly 200-home subdivision in Virginia

    D.R. Horton is set to build a 195-home subdivision on a 265-acre lot in Goochland, Va. The homes will average between 3,000 and 4,000 square feet on lots that range from 1 to 5 acres. Goochland supervisors approved plans for the Rural Hill on the James in 2021.

    “They saw that there was a huge shortage of land in the region,” said Long & Foster Real Estate Kyle Yeatman. “D.R. Horton wanted the project the most. They thought that this would probably be the biggest subdivision that Goochland maybe ever approves, so they wanted to get their hands on it.”

    The phased development will consist of four sections, the first of which will consist of 66 homes on smaller lots, served by county water and sewer. Subsequent phases will involve larger lots that will connect to county water and use septic systems.

    Developer and real estate agent Kyle Yeatman said the five years since the board approved zoning for Rural Hill have been spent securing easements around the property, adding land and working with county staff on other aspects of the project. Yeatman said that D.R. Horton will take over the project once it completes its land purchase, which is scheduled to close in July.

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  • Mungo Homes acquires rapidly growing McGuinn Homes

    Mungo Homes acquires rapidly growing McGuinn Homes

    Mungo Homes announced the acquisition of McGuinn Homes, a South Carolina-based homebuilder. In the past three years, McGuinn Homes posted a substantial increase in new home sales from 337 in 2023 to over 1,000 in 2025.

    McGuinn Homes’ presence in  Augusta, Georgia, and Aiken, South Carolina, was a driving factor in this strategic acquisition.

    Mungo Homes is a Clayton Home Building Group builder, owned by larger subsidiary Berkshire Hathaway.

    Berkshire Hathaway also recently acquired homebuilding giant Taylor Morrison in an $8.5 billion deal.  While on a considerably smaller scale, the sale of McGuinn Homes continues the increase of consolidation in the housing industry. Financial terms of the deal were not publicly disclosed.

    “We’re excited to join the Mungo family and continue our commitment to the markets we impact,” said Wade McGuinn, founder and managing shareholder of McGuinn Homes. “Together, we’re well positioned to provide more attainable homeownership opportunities through a shared commitment to customer service and operational excellence.”

    “The addition of McGuinn Homes to the Mungo family reflects our shared values of attainable homeownership, world-class team member experience, and giving back to the people and communities we serve,” said Keith Holdbrooks, chief executive officer of Clayton Home Building Group. “This acquisition allows both teams to come together and expand access to affordable homes in more markets while serving as a united force for good through volunteerism.”

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  • Dream Finders Homes makes fifth bid to acquire Beazer Homes

    Dream Finders Homes makes fifth bid to acquire Beazer Homes

    On July 8, 2026, Dream Finders Homes presented its fifth offer to acquire Beazer Homes. While a merger of the two companies would create the sixth-largest homebuilder in the nation, the Board of Directors at Beazer Homes publicly rejected Dream Finders Homes’ third offer in May.

    The most recent offer values Beazer Homes at  $32.00 per share in cash, a steady increase from its first offer in February at $28.50 per share in cash.

    “Beazer’s actions do not appear to be focused on pursuing a path that can maximize value for shareholders,” said Patrick Zalupski, Dream Finders’ Chairman and CEO. “While we would have preferred to continue our discussions privately, Beazer’s proposed non-disclosure agreement and related restrictions go well beyond what is necessary to protect confidential information. Taken together with Beazer’s past unwillingness to engage, these provisions raise questions about whether the Board is prepared to pursue a transaction that we believe would be in the best interest of Beazer shareholders.”

    “The proposals represent a significant and unwarranted discount to Beazer’s inherent value, and neither recent nor historical industry transactions support such a valuation,” wrote the Beazer Board in its rejection of the offer in May.

    Beazer Homes has yet to comment on this fifth offer.

    Read Full Article 

  • Mortgage rates average 6.43%

    Mortgage rates average 6.43%

    Freddie Mac released the results of its Primary Mortgage Market Survey on July 2, 2026, showing the 30-year fixed-rate mortgage (FRM) averaged 6.43%.

    “The 30-year fixed-rate mortgage eased slightly this week, averaging 6.43%,” said Sam Khater, Freddie Mac’s Chief Economist. “With rates at a seven-week low and purchase demand continuing to edge higher, it’s an encouraging sign as prospective homebuyers respond to modest improvements in affordability.”

    As of July 2, 2026, the FRM decreased from the week before, when it averaged 6.49%. A year ago at this time, the 30-year FRM averaged 6.67%. Meanwhile, the 15-year FRM averaged 5.79%, down from when it averaged 5.84%. A year ago at this time, the 15-year FRM averaged 5.80%.

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  • Residential construction spending up 1.8% year-over-year

    Residential construction spending up 1.8% year-over-year

    According to the recently released May analysis from the U.S. Census Bureau, private residential construction spending continued its steady upward trend. Compared to a year ago, spending is up 1.8% and surpassed the previous month by 0.4.

    This is the third consecutive month of gains, following the slight dip in activity in February. The current pace is a moderate sign of a stabilizing market, despite consumer economic uncertainty and rise in material costs.

    Looking forward, the effects of the 21st Century ROAD to Housing Act is expected to streamline review for builders and diminish some of the costly boundaries for builders.

    “Multifamily construction spending growth has also slowed down after the peak in June 2023, with the index largely plateauing since late 2024,” said Catherine Koh an economist at the National Association of Homebuilders. “In contrast, improvement spending has been on an upward trend since the beginning of 2025, supported in part by the aging housing stock and sustained demand for renovation.

    Read Full Article 

  • Builders Can Successfully Transition Into Bathroom Remodeling

    Builders Can Successfully Transition Into Bathroom Remodeling

    Thinking about expanding your business into bathroom and shower remodeling? The biggest opportunities for builders exist within the wet space, especially remodels. Join Bestbath for a roundtable discussion on expanding into the wet space. Industry professionals will share perspectives on current market trends, business opportunities, operational considerations, and lessons learned from adding bathroom and shower projects to their offerings.

    Attendees will gain practical insights into what it takes to enter the category, common challenges to expect, and how other contractors have successfully incorporated wet space projects into their businesses.

    Learning Objectives:

    • What’s driving demand for bathroom remodeling projects
    • Where the biggest growth opportunities exist in the wet space
    • What it takes to add bath and shower services to an existing business
    • How to position and sell bathroom remodeling projects effectively
    • Lessons learned from contractors who have successfully expanded their offerings
    • Practical next steps for growing their business through wet space projects

    Purpose: This webinar is designed to help contractors, remodelers, builders, and home improvement professionals evaluate the opportunity of expanding into bathroom and shower remodeling. Through a roundtable discussion with industry professionals, attendees will gain insight into market demand, growth opportunities, operational considerations, and real-world lessons learned from businesses that have successfully added wet space projects to their offerings. The goal is to provide practical guidance to help attendees determine whether expanding into the wet space is the right fit for their business.

    Join speakers Michael Lunt, Dealer Sales Manager at Bestbath and Blake Watson, Owner at Age-Proof Homes, for this discussion.

    Register for the webinar now! 

    Learn more about Bestbath


  • Residential construction spending up 1.8% year-over-year

    Residential construction spending up 1.8% year-over-year

    According to the recently released May analysis from the U.S. Census Bureau, private residential construction spending continued its steady upward trend. Compared to a year ago, spending is up 1.8% and surpassed the previous month by 0.4.

    This is the third consecutive month of gains, following the slight dip in activity in February. The current pace is a moderate sign of a stabilizing market, despite consumer economic uncertainty and rise in material costs.

    Looking forward, the effects of the 21st Century ROAD to Housing Act is expected to streamline review for builders and diminish some of the costly boundaries for builders.

    “Multifamily construction spending growth has also slowed down after the peak in June 2023, with the index largely plateauing since late 2024,” said Catherine Koh an economist at the National Association of Homebuilders. “In contrast, improvement spending has been on an upward trend since the beginning of 2025, supported in part by the aging housing stock and sustained demand for renovation.

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  • 2026 Gold Nugget Award of Merit honorees announced

    2026 Gold Nugget Award of Merit honorees announced

     

    For 63 years, the Gold Nugget Awards, presented by PCBC, have celebrated the very best in architectural design, planning, development, interiors, marketing and innovation across North America. Recognized as one of the industry’s most prestigious honors, the Gold Nugget Awards showcase the projects, people and companies that are shaping the future of our built environment.

    From an extraordinary field of more than 800 entries, the 2026 competition recognized the year’s most exceptional achievements. Selected by a distinguished Blue-Ribbon panel of industry experts, this year’s Honorees represent the highest level of excellence in their respective categories.

    We proudly congratulate every Honoree on this remarkable achievement. Your vision, talent and dedication continue to inspire our industry and demonstrate what’s possible through exceptional design and innovation.

    The winners will be recognized during the 63rd Annual Gold Nugget Awards Gala, presented by PCBC, on Wednesday, July 29, 2026, at the Gaylord Pacific Resort & Convention Center in Chula Vista, Calif. 

    View the complete list of Honorees at goldnuggetawards.com

     

  • Builders Can Successfully Transition Into Bathroom Remodeling

    Builders Can Successfully Transition Into Bathroom Remodeling

    Thinking about expanding your business into bathroom and shower remodeling? The biggest opportunities for builders exist within the wet space, especially remodels. Join Bestbath for a roundtable discussion on expanding into the wet space. Industry professionals will share perspectives on current market trends, business opportunities, operational considerations, and lessons learned from adding bathroom and shower projects to their offerings.

    Attendees will gain practical insights into what it takes to enter the category, common challenges to expect, and how other contractors have successfully incorporated wet space projects into their businesses.

    Learning Objectives:

    • What’s driving demand for bathroom remodeling projects
    • Where the biggest growth opportunities exist in the wet space
    • What it takes to add bath and shower services to an existing business
    • How to position and sell bathroom remodeling projects effectively
    • Lessons learned from contractors who have successfully expanded their offerings
    • Practical next steps for growing their business through wet space projects

    Purpose: This webinar is designed to help contractors, remodelers, builders, and home improvement professionals evaluate the opportunity of expanding into bathroom and shower remodeling. Through a roundtable discussion with industry professionals, attendees will gain insight into market demand, growth opportunities, operational considerations, and real-world lessons learned from businesses that have successfully added wet space projects to their offerings. The goal is to provide practical guidance to help attendees determine whether expanding into the wet space is the right fit for their business.

    Join speakers Michael Lunt, Dealer Sales Manager at Bestbath and Blake Watson, Owner at Age-Proof Homes, for this discussion.

    Register for the webinar now! 

    Learn more about Bestbath

  • Home Prices Hit 2026 High

    Home Prices Hit 2026 High

    According to the Redfin Home Price Index, U.S. home prices continue to grow, up 0.3% month over month in May. This may appear to be a slight uptick from April’s 0.2% increase, but it is the largest growth rate of 2026.

    Year-over-year, the average for housing growth sits at 2.5%, continuing the rise of the last six months.

    The largest regional increases are reported in the Midwest, with both Cleveland (2.5%) and Columbus, Ohio (1.3%) in the top five cities overall. Posting the most declines are metros in the West, with  Riverside, Calif. (-1.9%), San Jose, Calif. (-1.7%) and San Francisco (-1.3%) dropping month to month.

    “Buyers got a boost from lower mortgage rates in the spring, and that momentum is showing up in prices,” said Sheharyar Bokhari, a senior economist at Redfin. “And even though there are many more home sellers than buyers in the market, the most desirable homes are still attracting multiple offers, driving up prices.”

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  • Historic Housing Bill Awaits Signature

    Historic Housing Bill Awaits Signature

    Currently, the 21st Century ROAD to Housing Act sits in front of the President, waiting for a signature. With many revisions, the bill advanced through the House and the Senate with a historic bipartisan effort.  The bill, with over 50 sections, addresses the nation’s housing supply shortage with a drop in regulatory barriers to building and aids in repairing the nation’s aging housing stock.

    The 21st Century ROAD to Housing Act is widely supported throughout the housing industry, with the National Association of Home Builders (NAHB) a key player in shaping the legislation. The bill is also supported by the National Association of REALTORS (NAR), the National League of Cities and other organizations.

    “This is the most significant housing legislation to pass Congress in nearly 20 years,” said Shannon McGahn, NAR executive vice president and chief advocacy officer.  “At a time when affordability remains one of the nation’s greatest challenges, lawmakers came together in a bipartisan way to advance solutions that will help communities build more homes, expand housing opportunities and strengthen pathways to homeownership.”

    After President Trump canceled the signing event, homebuilders are still optimistic that it will pass.

    “Voters are demanding action on housing supply and affordability, and Congress has delivered a historic bill to address their concerns,” said Bill Owens, chairman of NAHB.  “Although there was no bill signing today, we are confident the 21st Century Road to Housing Act will eventually become law.”

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  • Alaska modernizes its legislation on interior designers

    Alaska modernizes its legislation on interior designers

    Alaska passed House Bill (HB) 314, to institute a protected title and regulation for qualified interior designers. The bill also creates a registration pathway for formal recognition through the Board of Architects, Engineers and Land Surveyors.

    The legislation was heavily supported by the American Society of Interior Designers and its Consortium for Interior Design.

    Alaska is now the 31st state to enact reasonable regulation of the profession, following Idaho in March.

    “Today’s action marks an important milestone for Alaska and for the future of the design profession,” said Khoi Vo, president and chief executive officer, ASID. “HB 314 recognizes the education, experience and examination standards that qualified interior designers meet and ensures they can contribute more fully to the design and construction process. This legislation supports public safety, strengthens professional practice and creates new opportunities to serve communities across Alaska.”

    Read Full Article


  • NAHB study analyzes homebuilding regulatory costs

    NAHB study analyzes homebuilding regulatory costs

    A new study from the National Association of Home Builders (NAHB) analyzed homebuilding regulatory costs, comparing results from the 2026 survey to a previous one conducted in 2021. The 2026 survey revealed that, on average, regulations imposed by the government at all levels account for $131,734, or 26.4%, of the final price of a new single-family home built for sale. Of this amount, $46,795 is due to a higher price for the finished lot, a direct result of regulations imposed during the lot’s development. The remaining $84,939 is the result of regulatory costs imposed on the builder during construction, after the builder purchases the finished lot.

    According to the study, regulatory costs are one of several factors, including record increases of tariff rates on building materials, ongoing skilled labor shortage, a decrease in available lots and tighter lending conditions, currently limiting the supply of housing, particularly housing for the entry-level market.

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  • Lennar announces C-suite changes

    Lennar announces C-suite changes

    Lennar, one of the nation’s largest homebuilders, announced two appointments in its C-suite: Jim Parker named Chief Operating Officer and David Grove appointed to Executive Vice President, Homebuilding.

    Parker joined the company in 2018 following its merger with CalAtlantic Homes. Following the merger, he served as a Regional President for the builder. In 2003, Parker founded Parker Chandler Homes and sold the company three years later.

    Grove joined Lennar in 1999 as a Construction Area Manager in Austin. He was then named Division President in 2004 and Regional President for Texas in 2022.

    “Jim and David are tenured, proven Lennar leaders who are energized by the opportunity ahead,” said Stuart Miller, Lennar’s Executive Chairman, Chief Executive Officer and President. “They have consistently delivered strong results for our teams and our business. More than that, they exemplify our core values — building quality homes and delivering more value to our customers, always with the highest level of integrity.”

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  • May 2026 Luxury Housing Market Report

    May 2026 Luxury Housing Market Report

    Luxury home prices across the U.S. reached $1,283,432 in May 2026, despite year-over-year declines continuing at -1.4%. The pace of annual softening has pulled back considerably from the 5%-plus drops seen in early 2025, suggesting an uptick in the national luxury housing market.

    Among tracked luxury metros, Minneapolis and Boise City, Idaho, have fully surpassed their pandemic-era peaks as of February, at 5% and 4.2%, respectively. The composition of the top 10 luxury markets was unchanged from April, with the same 10 appearing in slightly different order.

    Year over year, Naples-Marco Island, Fla., at 4.3%, and Crestview-Fort Walton Beach-Destin, Fla., at 3.2%, were the only markets on the list with positive annual price growth.

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  • Mortgage rates decrease to 6.48%

    Mortgage rates decrease to 6.48%

    On June 4, 2026, Freddie Mac announced that the 30-year fixed-rate mortgage (FRM) averaged 6.48%, according to its Primary Mortgage Market Survey. The FRM decreased from the week before, when it averaged 6.53%. A year ago at this time, the 30-year FRM averaged 6.85%.

    “The 30-year fixed-rate mortgage decreased to 6.48% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “With mortgage rates in the mid-6% range and income growth outpacing home price growth, housing affordability is marginally improving.”

    The 15-year FRM averaged 5.79%, down from the week prior when it averaged 5.87%. A year ago at this time, the 15-year FRM averaged 5.99%.

    Read Full Article

  • Connecticut expands building code adoption cycle

    Connecticut expands building code adoption cycle

    On June 9, 2026, Connecticut Governor Ned Lamont signed a bill into law that lays the groundwork to expand the state’s building code adoption cycle to every six years rather than the current three years. Housing affordability was a primary driver of the new law.

    The law calls for the state to pause its adoption of model building codes between the 2024 and 2030 cycles. The current law calls for the state to adopt new building codes within 18 months of their publication.

    The Home Builders & Remodelers Association of Connecticut (HBRA-CT) was instrumental in getting the law passed and providing more stability to home builders in the state. HBRA-CT officials successfully argued that adopting new building codes on a six-year cadence strikes the right balance between the need to keep up with evolving technologies and the ability of all impacted parties to transition to new code requirements. It also allows the industry to accumulate meaningful practical experience with adopted codes before deciding on new changes.

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  • June 2026 Housing Market Forecast

    June 2026 Housing Market Forecast

    The National Association of REALTORS released an analysis forecasting the housing market dynamics in June, including sales, inventory and buying trends. The analysis cited various factors, called seasonality trends, that influence the housing market and compared the current market conditions to previous seasonality trends to predict the June 2026 housing forecast.

    The analysis found that existing-home sales typically rise by 8.2% during the month, reaching their highest level of the year on average. The beginning of the summer marks a distinct shift in the housing market, characterized by the end of the school year for most localities, additional daylight and consistently warm weather. These conditions provide more flexibility for potential buyers to view a wider range of open listings.

    June usually sees an average increase of 0.8% in housing inventory, presenting specific advantages for sellers, including the optimal moving conditions previously mentioned, if they plan to buy and the high prices associated with the season.

    Historically, the average home spends about 30 days on the market in June, representing the fastest turnover in the year, alongside May. The favorable weather conditions drive prospective buyers to spend more time viewing homes, resulting in more frequent offers and decreasing the days spent on the market.

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  • Residential Contractor Magazine: Coming Fall 2026
    ,

    Residential Contractor Magazine: Coming Fall 2026

    Residential Contractor Magazine

    THE PROJECTS. THE PRODUCTS. THE PROS.

    Residential Contractor connects manufacturers with the remodelers, contractors, trades and dealers shaping today’s residential construction market.

    The Fall 2026 issue features the National Deck Competition Winner’s Showcase alongside the products, tools, technology and business solutions driving better, more profitable projects.

    If you are interested in participating please contact fiona@builder.media 

  • Less young adults are first-time homebuyers

    Less young adults are first-time homebuyers

    According to a report from First American, young adults are the missing gap in first-time homebuyers. Nearly half of 20-to 24-year-olds still lived with their parents in 2025. Only about 25% of 25-to 29-year-olds owned their homes.

    The reality is that homeownership is arriving later in life for young adults, with the delay often originating at moving out of their childhood homes.

    Young adults are moving through traditional markers of adulthood, such as moving out, work, marriage and children, on a different timeline than previous generations. As those milestones shift, the housing sequence that often follows,  moving out, renting and buying, also shifts.

    Most young adults are still renting. While today’s renters are likely to become tomorrow’s buyer, that “tomorrow” is happening later in life. The reasons for this vary between affordability challenges, as well as other life milestones that have shifted into the later years, such as school, work or family.

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  • Taylor Morrison acquired in $8.5 billion deal

    Taylor Morrison acquired in $8.5 billion deal

    Announced on May 31, 2026, Berkshire Hathaway will acquire homebuilding giant, Taylor Morrison for $8.5 billion. The all-cash transaction values Taylor Morrison at $72.50 per common share.

    This is the first major move from Berkshire Hathaway ‘s new CEO Greg Abel who assumed the role in January. Berkshire Hathaway owns Clayton Homes, the modern manufactured homebuilder, which it acquired in 2003 for $1.7 billion.. 

    There are indications of a consolidation between the two homebuilders. Between Taylor Morrison’s 12,997 closings and Clayton Properties’ 9,953 closings in 2025 would create the fourth largest homebuilder in the United States.

    “We are excited to welcome Taylor Morrison into Berkshire’s portfolio, reflecting our long-standing commitment to housing, exemplified by Clayton Homes and our other building products businesses,” said Abel. “Over time, we expect to unify our site-built homebuilding operations into a combined platform enabling us to deliver the dream of homeownership to more Americans.”

    However, Taylor Morrison’s extremely successful CEO Sheryl Palmer is not going anywhere following this acquisition. Berkshire Hathaway announced the Taylor Morrison team to continue with its existing management, including Palmer. Palmer drove the company to its nationwide strength and growth, going public in 2013 and currently building in 21 markets across 12 states.  Under her tenure, Taylor Morrison’s leadership team boasts a unique point of view, 50% of senior leadership roles are occupied by women, four times the industry standard.

    “Over the last 13 years as a public company, we built a track record of strategic growth—expanding our geographic footprint, integrating acquisitions with discipline and deepening our competitive strengths across procurement, brand and customer experience,” said Palmer. “Berkshire Hathaway’s long-term orientation is uniquely well-suited to the multi-year investment cycle of homebuilding, and this combination will allow us to scale the Taylor Morrison platform in ways that would not be possible as a standalone company.

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