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  • Berkshire Hathaway now owns 10% stake in Lennar

    Berkshire Hathaway now owns 10% stake in Lennar

    A few weeks ago, we reported that Berkshire Hathaway doubled down on its housing market investment. This week, the company further sustained its ownership in Lennar, bringing its total ownership of the homebuilder to 10%.

    According to SEC filings, the major conglomerate bought a mix of Class A and Class B shares from Sept. 17- 21.

    This happened after Warren Buffett, who grew the company, stepped down as Chairman of the Board but will remain as Chairman Emeritus.

    Berkshire Hathaway’s presence in the market continues through its ownership of  Taylor Morrison and Clayton Homes, the modern manufactured homebuilder, which it acquired in 2003.

    Despite the building industry facing major headwinds in affordability, this move aligns with the company’s history of placing trust in undervalued sectors and companies.

  • The trends defining living room design

    The trends defining living room design

    Living room design is shifting away from the perfect polished look and towards a warmer, lived-in style. Jeannine Bogart, design principal and founder of Epic Interiors, said that built-in storage, warm and neutral layers, softer layouts and darker accents will take center stage in 2027’s living rooms.

    According to Bogart, living rooms are working harder than ever now, prompting the need for increased storage.

    “They hold books, media, work items, games and family clutter, so storage needs to be better integrated,” said Bogart. “Built-ins will continue to be popular because they make a room feel more intentional while hiding the things people actually live with.”

    Bogart said she is also expecting the color palettes to shift away from cold and sterile whites and grays and towards richer, warmer tones, such as taupe or soft brown. Additionally, incorporating a darker color palette will serve as a contrast that adds richness and depth to a space.

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  • Homebuilding leaders call for reforms to boost construction

    Homebuilding leaders call for reforms to boost construction

    Home construction, banking and legislative leaders urged Congress to advance more reforms that would strengthen the housing market at a D.C. conference at the U.S. Chamber of Commerce.

    Karen Purcell, head of Community Development Banking for Commercial Real Estate at JPMorgan Chase, pointed out that middle-class people have been priced out of the market in recent years, with the salary needed for a middle-income home doubling over five years to $124,000. This is a level only the top 30% of wage earners can achieve. Meanwhile, 169 out of 390 U.S. metros do not have enough housing stock at that level.

    One of the reforms includes pushing for changes to the Low Income Housing Tax Credit, a tool that helps finance affordable housing development with federal tax breaks. Allowing it to be transferable would encourage more investors to put money behind the credit that developers can use.

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