The Builder’s Daily

Spanberger unveils Virginia housing affordability plan

Affordability has become the defining test of political electability today. From housing to groceries, voters increasingly judge candidates by their ability to reduce everyday costs.​ Virginia Gov.-elect Abigail Spanberger (D) focused on improving affordability during her campaign. To follow through, she rolled out a housing agenda that leans heavily on preservation of existing affordable homes, […]

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Sonic Fire Tech launches infrasound wildfire defense system in California

Sonic Fire Tech recently announced the commercial rollout of its Sonic Home Defense system, a wildfire defense system in California that extinguishes fires using inaudible, infrasound technology instead of water or chemicals.  The product has personal significance for Remington Hotchkis, chief commercialization officer at Sonic Fire Tech, whose family home in Altadena burned down in

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Dwight Schar, founder of NVR Inc., has died

Dwight Schar, the founder and former executive chairman and CEO of NVR Inc., has died, according to posts on LinkedIn.  James Honeycutt, managing partner at Credo Construction, discussed Schar’s legacy in a post on Thursday afternoon.  “Mr. Schar wasn’t flashy or dismissive — just calm, kind, and very clear on what mattered most. He chuckled

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Lennar targets margin stability with operational efficiency and steady volume

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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Harvard study: how low immigration could impact housing demand

On Tuesday, Harvard University’s Joint Center for Housing Studies (JCHS) updated an August homeownership and household growth report with an addendum that adds a low-immigration scenario.  Under the low-immigration scenario, the number of homeowning households would decline by approximately 88,000 to 99,000 per year relative to a baseline scenario assuming historical immigration levels. The number

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Why Texas builders are betting on backup batteries for new homes

On March 4, 2025, a windstorm cut across Texas and knocked out power to hundreds of thousands of homes. Outside Dallas-Fort Worth, the pattern was the same as the storm swept through one of Lennar‘s new communities: the grid went down, the neighborhood went dark. But 46 homes in that same community—the ones with a

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Homebuilder confidence ticks up but remains low

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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Sitewire launches AI tools to streamline pre-construction risk review

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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Why invisible risk will define homebuilding’s 2026 reality

Builders often talk about “uncertainty” as if it were a temporary fog that had to clear eventually. Rates will decline, the Fed will pivot, pent-up demand will return, migration will pick up again, and the longstanding pattern of structural underbuilding will resume.  The idea that the industry’s biggest risks come from the outside—and that the

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YIMBY group sues Newsom over SB 9 pause in L.A. wildfire zones

California Gov. Gavin Newsom gave the state’s “yes-in-my-backyard” coalition celebrated wins this year on housing legislation. Those same pro-housing activists have now sued him over an August executive order that exempts fire-ravaged areas in Los Angeles from a 2021 state law — Senate Bill 9 — that paved the way for higher density on single-family

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