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Construction

What QXO’s $1.2 billion investment means for the fragmented building materials industry

Construction, Investment, Mergers and Acquisitions, Products, The Builder's Daily /

QXO, a leading distributor of roofing products and building materials, is nearing another acquisition as part of a game plan to disrupt and consolidate the fragmented $800 billion building products industry and reach $50 billion in annual revenue in five or so years.  By reshaping an unconsolidated marketplace and capturing a much larger share of […]

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Apollo’s $1.2B bet on QXO tests data limits in building materials

Construction, Homebuilders, Products, The Builder's Daily /

Apollo Global Management affiliates announced yesterday a $1.2 billion investment in QXO. QXO CEO Brad Jacobs–after building an array of successful distribution companies in logistics and equipment rental–entered the construction industry by acquiring Beacon Roofing Supply in April 2025.  He’s told shareholders he has a $50 billion revenue target over the next decade and has

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From military service to the built world: Why construction still struggles with accountability and visibility

Construction, Contributors, HWmember, Opinion /

Transitioning from military service to a civilian career is rarely straightforward. For me, it led to the built environment — an industry that, to my surprise, felt immediately familiar. Construction sites, development teams, and project organizations operate under pressures familiar to military units: tight timelines, limited resources, high stakes, and the need to coordinate across

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Sitewire launches AI tools to streamline pre-construction risk review

Artificial Intelligence, Construction, Technology, The Builder's Daily /

As homebuilders face shrinking access, tighter reins, and higher costs from traditional local and regional banks for construction financing, Sitewire this week introduced two new AI tools, BudgetIQ and Permit IQ, to streamline pre-construction budgeting and permitting for small residential construction projects. The company, which facilitates private credit construction draws, a solution widely used by

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Center for American Progress outlines plan to reduce housing costs

Center for American Progress outlines plan to reduce housing costs

Affordability, Construction, Government Lending, Homebuilders, Housing Inventory, Housing Market, Housing Policy, HWmember /

The Center for American Progress (CAP) recently put out a plan aimed at lowering housing costs nationwide by increasing construction and making homebuilding more affordable through federal efforts. The “Build, Baby, Build” proposal, published by CAP on Nov. 17, targets the nation’s estimated housing shortage of 2 million units, which the group says has contributed

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New home price premium hits record low

Architecture, Construction, homebuilder, Homebuilders, New Home Sales, The Builder's Daily /

Monthly payments for new and existing homes are now nearly equal, amid a trend of stagnating prices and increased use of mortgage buydowns among builders.  That was one of the main findings from Realtor.com’s Q3 New Construction Report. According to the report, buyers purchasing a new home last quarter had an average mortgage payment only

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Home improvement contractors remain cautiously optimistic despite slowdown Home improvement contractors show cautious optimism

Construction, Home Improvement, Leadership, The Builder's Daily /

Most home improvement contractors are still optimistic about the future of the market, but headwinds such as material costs and reined-in consumer spending are weighing down expectations.  The Q3 Contractor Activity Tracker, released by The Farnsworth Group and Home Improvement Research Institute, found that home improvement contractors are less optimistic than they were a year

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Supreme Court’s tariffs case could have minimal impact on construction costs Supreme Court to decide on Trump tariffs, but many construction levies will remain

Construction, Policy, Tariffs, The Builder's Daily, Trump administration /

The Supreme Court could decide on the legality of many of the Trump administration’s tariffs within months, but the ruling won’t impact many of the administration’s levies on imported construction materials such as lumber, steel, aluminum and copper.  The case before the Supreme Court contests the legality of the president’s use of the International Emergency

Supreme Court’s tariffs case could have minimal impact on construction costs Supreme Court to decide on Trump tariffs, but many construction levies will remain Read More »

Miami luxury home prices soar to $1.13 million, nearly triple national average

Artificial Intelligence, Construction, Florida, Florida Association of Mortgage Professionals, Florida Housing Market, Housing Market, Luxury Real Estate, Miami, Mortgage, Multifamily Housing, Real Estate, Single-Family Housing /

New construction drives market with $2.29 million average price tag as future builds signal even higher luxury premiums Miami’s real estate market continues to outpace national trends with average home prices reaching $1.13 million, nearly triple the national average of $647,307, according to the latest market data. The city’s luxury segment is driving much of

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North Carolina housing market offers 20% price advantage over national average

Artificial Intelligence, Charlotte, Construction, First-Time Homebuyers, Housing Market, Investors, Mortgage, North Carolina, Real Estate /

The North Carolina housing market delivers significant value for homebuyers. Current data shows 62,710 active listings with an average home price of $519,908. This represents a 19.7% discount compared to the national average of $647,307. The Tar Heel State provides abundant options for first-time buyers, with more than one-third of all listings priced below $300,000.

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