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Lennar sells majority stake in multifamily business, signaling strategic shift

homebuilder, Homebuilders, Lennar, Multifamily, Multifamily Housing, The Builder's Daily /

Lennar announced on Tuesday that TPG Real Estate has acquired a majority stake in Quarterra, Lennar’s multifamily vertical. Lennar will maintain a minority interest, but the deal signals a strategic recalibration as the builder’s multifamily business struggled with a sizeable net loss last year. In fiscal 2025, Lennar’s multifamily business experienced an operating loss of […]

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Lennar targets margin stability with operational efficiency and steady volume

homebuilder, Homebuilders, Leadership, Lennar, The Builder's Daily /

By the time Lennar executives reached the question-and-answer portion of their fourth-quarter 2025 earnings call this morning, the tone had shifted. From explanation to defense. What had looked, just a quarter earlier, like early clues of stabilization instead revealed a more complicated reality: the housing market did not behave as expected, and neither Lennar nor

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Homebuilder confidence ticks up but remains low

Builder Confidence, homebuilder, Homebuilder Confidence, Homebuilder Sentiment, Leadership, NAHB, The Builder's Daily /

Homebuilding executives remain downbeat, citing a range of current conditions marked by buyer hesitancy, economic uncertainty, shrinking profit margins, increased use of incentives, and high costs. However, homebuilders whose primary focus is the strained entry-level buyer segment face the biggest hurdles.  The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence

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Beazer taps Howard Heckes for board; Danny Shepherd retires

homebuilder, Homebuilders, Leadership, The Builder's Daily /

Beazer Homes announced the appointment of Howard Heckes as a new independent member of the company’s 10-person board of directors, along with the retirement of board member Danny Shepherd.  Heckes has extensive experience in the building materials and services industry and is currently a member of the board of directors of James Hardie Industries, a

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Toll Brothers leans on luxury to navigate homebuilding’s headwinds

Earnings, homebuilder, Homebuilders, Leadership, Luxury Real Estate, The Builder's Daily, Toll Brothers /

For Toll Brothers, whose enviable core customers are ones whose financial wherewithal effectively shields them from worries about high prices and high interest rates, the question is not “can they buy?” It’s will they? And will they buy now? “America’s Luxury Homebuilder” continues to rely on its move-up, active adult, and luxury segments — and

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As rural housing costs soar, financing affordable housing remains a hurdle

Affordable housing, homebuilder, Homeownership, Low-Income Housing Tax Credit, Policy, The Builder's Daily /

America’s housing affordability crisis is an equal-opportunity phenomenon. Nowhere is this more painfully clear than in the nation’s rural communities, which quietly confront a deepening affordability gap. Financing challenges unique to rural areas pursuing affordable housing development exacerbate a growing imbalance. A new Redfin study notes that home prices in rural communities have increased faster

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PulteGroup forecasts longer-lasting home design trends for 2026

Architecture, homebuilder, Homebuilders, PulteGroup, The Builder's Daily /

PulteGroup expects design trends to stay in fashion longer, and forecasts that multigenerational living, a focus on wellness, and an emphasis on quality will have a big impact on home design trends in 2026.  The homebuilder released a 2026 Design Trends Forecast on Thursday that highlights a growing anti-consumerism movement among buyers.  “What’s exciting about

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Are mortgage buydowns a lifeline or a risk for new homebuyers?

homebuilder, Homebuilders, Leadership, Mortgage Rates, New Home Sales, The Builder's Daily /

The debate over the large builders’ elevated use of mortgage buydowns — and the potential risks to buyers — isn’t new. Reigniting the argument, a recent report from the American Enterprise Institute (AEI) asserts that mortgage buydowns among the large builders are artificially inflating new home prices, therefore creating a risk for buyers in the

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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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Beazer Homes shifts to move-up buyers, bets on energy efficiency

Earnings, homebuilder, Homebuilders, Leadership, The Builder's Daily /

As major builders like D.R. Horton and Tri Pointe Homes trim new home starts to protect margins, Beazer Homes is taking a page out of Lennar’s playbook. Beazer’s Q4 earnings call reveals a builder determined to sustain a robust sales pace, even as it navigates a lower-margin reality driven by a spec-heavy approach and increased

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