pandemic

  • Dream Finders Homes seals $2.2 billion Beazer Homes deal

    Dream Finders Homes seals $2.2 billion Beazer Homes deal

    Dream Finders Homes has openly eyed Atlanta-based, energy-efficient homebuilder Beazer Homes since February of 2026. On Oct. 20, 2026, Dream Finders finally closed on the $2.2 billion deal.

    This marks the ninth acquisition for the Jacksonville, Fla.-based Dream Finders since 2021. The company is now expected to be the sixth-largest homebuilder in the nation.

    “Today, Beazer’s teams officially join ours, and the real work begins. We are closing this transaction in a challenging housing environment and we are clear-eyed about that,” said Patrick Zalupski, Founder, CEO, and Co-Chairman of Dream Finders.

    It remains unclear if Dream Finders will continue the energy-efficient legacy left by Beazer. They have not yet responded to a request for comment.

    Dream Finders affirmed that this deal will provide leverage in the current market; it also expanded its homebuilding presence into four new states.

    “This combination is built to perform throughout the housing market cycle,” said Rick Beckwitt, Co-Chairman of Dream Finders. “We continue to expect over $100 million of annual run-rate cost synergies and double-digit percentage EPS accretion in year one, while expanding our financial services platform and preserving the asset-light model that underpins our returns.”

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  • Builder confidence cools to 29 in October

    Builder confidence cools to 29 in October

    National Association of Home Builders (NAHB) /Wells Fargo Housing Market Index (HMI) fell three points to 29 in October.

    This repeats the three-point drop reported in September. Builder confidence sits at its lowest since 2012.

    Buyer traffic also took a hit, despite 43% of builders cutting prices and 65% of builders offering sales incentives.

    Regionally, the brightest spot is the Midwest, with permits up 2.9% and a HMI of 40. The Northeast and  South both fell one point to 38 and 30. The West remains the slowest market, declining to 26.

    “Housing remains squeezed by supply-side constraints and significant affordability challenges,” said NAHB Chief Economist Robert Dietz. “Mortgage rates have climbed well above 7% in recent weeks. Though builders are also contending with higher costs for construction loans, building materials and diesel, the administration’s efforts to advance regulatory reform are helping to ease some of the cost pressures they face.”

    Reflecting these policy shifts, the U.S. Department of Commerce is cutting duties on Canadian softwood lumber imports, while efforts are underway to suspend tariffs on all building materials through the Housing Tariff Exclusion Act.

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  • U.S. home sales see modest gains in September

    U.S. home sales see modest gains in September

    According to Redfin’s Home Price Index, on a seasonally adjusted basis, U.S. home prices increased 0.25% month over month in September. Although home sale prices rose slightly from 0.21% the previous month, home sale growth is in line with the modest gains seen in the U.S. housing market.

    According to the report, home prices rose in 34 of the 50 most populous U.S. metros month over month in September, with home prices rising most in Pennsylvania. In Philadelphia, home prices rose 1.9% month over month on a seasonally adjusted basis.

    Home prices fell in 16 of the 50 most populous U.S. metros, with the biggest price declines happening in Fort Worth, Texas.

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  • Mortgage rates hold steady

    Mortgage rates hold steady

    Freddie Mac’s Primary Mortgage Market Survey showed that the 30-year fixed-rate mortgage (FRM) is holding steady, averaging 7.40%.

    “The average 30-year fixed-rate mortgage remained unchanged this week,” said Sam Khater, Freddie Mac’s Chief Economist.

    As of Oct. 15, 2026, the FRM held steady at 7.40%, up from last year’s average of 6.27%.

    The 15-year FRM averaged 6.71%, down from the previous week’s average of 6.73%. A year ago at this time, the 15-year FRM averaged 5.52%.

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