Nature abhors a vacuum and does something about it. Homebuilders, their business and channel partners, their investors and lenders and their customers abhor uncertainty. But what can and will they do about it? Other than brace for more bumps. More air pockets. More “buying” of sales rather than selling of American households on houses that […]
What war risk could mean for builders, rates and spring demand in 2026 Read More »
Now one for the books, the 2025 homebuilding market slowed in new construction, resulting in contract cancellations and reduced takedown activity. Millrose Properties, whose epic scale and timing launched a new era in land banking and asset-light homebuilding development in early 2025, bucked that trend. Millrose – which began spinning out from Lennar in December
Millrose outperforms with disciplined growth, strong partnerships Read More »
In land development, timing isn’t just important — it’s everything. The difference between a project that delivers strong returns and one that merely gets by often comes down to how efficiently capital flows through the deal. For developers working in Municipal Utility Districts (MUDs) across Texas, there’s a structural timing problem that’s been eating into
Turbo-charging development returns with The Launch Bond Read More »
In the two-thousand-mid-teens, you would not have needed a crystal ball to predict that three Japan-based vertically integrated real estate powerhouses would each rank among the nation’s top 15 enterprises. That’s because each of those three organizations – Daiwa House, Sekisui House and Sumitomo Forestry – having established beachheads in the U.S. homebuilding and residential
UHG goes private: Daiwa House’s Stanley Martin strikes $221M deal Read More »
Midwest apartment demand has quietly become one of the strongest stories in U.S. housing, even as the national rental market cooled. RentCafe, using data from its sister apartment rental analytics provider, Yardi Matrix, listed Cincinnati as the top apartment market to watch this rental season. Minneapolis, Cleveland and Kansas City, Missouri, ranked in the top
Midwest apartment demand outpaces Sun Belt as rents remain firm Read More »
If you walked the aisles at this year’s International Builders Show, you could feel it. The vibe wasn’t panic. It wasn’t euphoria. It was something in between – a cautious optimism that maybe, just maybe, the worst is behind us. Traffic anecdotes sounded a little better. Some builders spoke about steadier January sales activity. Conversations
January “green shoots” won’t tell homebuilders what July will Read More »
A delayed December new-home sales release showed a slight increase in 2025 over a year earlier, but median new-home sales prices decreased, reflecting a challenging homebuilding market weighed down by cost reductions, elevated incentives and a slower-than-expected sales pace. “New home sales ended 2025 on a mixed but resilient note, signaling steady underlying demand despite
2025 new-home sales inched up; concessions weakened prices Read More »
Illinois state lawmakers took up housing affordability last year. The results underwhelmed. Now, Gov. J.B. Pritzker is pushing to put housing at the center of Illinois’ broader affordability agenda. “The problem is clear – rent is too high and home ownership is too far out of reach,” Pritzker said in his State of the State
Gov. Pritzker calls for zoning reform to buoy Illinois housing access Read More »
Today’s headwinds new-home market rewards homebuilding teams that do the hardest things the best. In that light, a glib explanation for Toll Brothers’ Q1 2026 performance would be to point to geography and demographics: a luxury buyer profile, higher incomes and lower sensitivity to mortgage rates. The harder – and more reality-grounded – explanation is
For Toll Brothers, disciplined execution beats market uncertainty Read More »
Single-family housing starts ticked up in December, but were down about 7.0% year-over-year in 2025. According to the National Association of Home Builders (NAHB), new residential construction is expected to stay relatively flat this year, but could rebound in 2027 if mortgage rates inch lower and pent-up demand enters the housing market. Census data released
2025 housing starts fell 7%, but builders glimpse clues of an uptick Read More »