The Builder’s Daily

Beazer taps Howard Heckes for board; Danny Shepherd retires

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

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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Georgia lawmakers aim to speed housing permits for affordability

A surge in Sun Belt in-migration for well over a decade blessed Georgia with population growth that prompted a spate of apartment and home construction. Despite a heavy dose of added supply in the past few years, there was no catching up. The state still has a housing shortage, particularly in the Atlanta metropolitan area.

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

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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Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report.  Meanwhile, rental growth is typically the strongest in the Midwest, Northeast, and California. This

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House committee is set to review Senate-approved housing bill

The ROAD to Housing Act wasn’t included in the National Defense Authorization Act (NDAA) released on Sunday, despite speculation that it might sneak in as an attachment to the more urgent priority $900 billion defense spending bill.  Still, the bipartisan housing legislation, which enjoys widespread support in both parties, could be signed into law next

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Sweeping new zoning targets Nashville housing affordability

Nashville, one of the fastest-growing Sun Belt cities over the past decade, has been working to address the housing affordability issues that accompanied its massive economic development. Confronted with a shortage of nearly 90,000 homes, the Nashville Metro Council made its most significant move since 2018 to shape the city’s future. It passed two groundbreaking

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PulteGroup forecasts longer-lasting home design trends for 2026

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?

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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Note to self: sell the lifestyle, not just the house, to boost sales

Selling houses in an uncertain market, as we find ourselves in today, is challenging. Maybe we should stop trying to sell the house and instead focus on the positive impact it will have on our buyers’ lives. This is the approach Mars Inc. used to sell its Snickers bar. The ad campaign “You’re not you

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