Housing starts inch up in July as builders scramble to meet demand
Housing starts increased 3.9% between June and July to a seasonally adjusted annual rate of 1.45M units, according to data released Tuesday by the US Census Bureau
by Ben Verde Aug 16
There’s a ‘magic number’ that moves homes. Will we ever hit it?
Buyers have been holding out for a 5.5% rate — but they may need to adjust their expectations, Maegan Sherlock, a senior research analyst for John Burns Research and Consulting, tells Intel
by Daniel Houston Jul 19
America's highest-volume broker on a real estate market in flux
The founder of the HomesUSA platform tells Intel how he became the nation's highest-volume broker — and what metrics he tracks each month
by Daniel Houston May 17
The markets real estate investors are fleeing amid the housing slump
Despite economic turmoil, investors large and small are still a force to be reckoned with in the housing market. Intel broke down the cities they've soured on — and the ones they just can't quit
by Daniel Houston May 10
Construction platform Welcome Homes secures $29M Series A round
Era Ventures led the funding round for New York-based Welcome Homes, an online home construction platform that elevates the design and buy process of new property construction
by Craig C. Rowe Jan 13
Meet Max, the first robotic 3D printer to earn NAHB membership
The Autonomous Robotic Construction System can be deployed on-site to build a home’s footings, slab, foundation walls, exterior and interior walls and roof, according to the company
by Craig C. Rowe Dec 27
Nearly half of new-home buyers in the Southwest are backing out
Builders have seen cancellation rates spike this year as buyers now struggle to afford the homes they signed up for months ago, according to data from John Burns Real Estate Consulting
by Daniel Houston Dec 14
After stable stretch, lumber's roller coaster ride scales yet another hill
Lumber futures were trading at $454 per thousand board feet Monday after ascending to $539 per thousand board feet the week earlier, according to numbers tracked at Nasdaq.com
by Daniel Houston Nov 1
Following slow September, single-family housing starts plunge 18%
Single-family projects took yet another beating in September, declining nearly 5% from the previous month and 18% year over year, according to data Wednesday from the US Census Bureau
by Daniel Houston Oct 19
New home starts fall sharply: 'The whole housing sector is in retreat'
The number of new construction projects for single-family homes dropped by 10% in July, the steepest decline of the year, according to the US Department of Housing and Urban Development
by Daniel Houston Aug 16
More modular? Dvele secures $15M to power up robotic construction
Homes built by the company are self-powered or grid-independent, meaning they run on batteries from on-base solar panels and long-term power storage, keeping occupants comfortable
by Craig C. Rowe Aug 10
As buyers balk, some homebuilders dread the months to come
Builder sentiment dropped at the second-fastest pace of the last two decades as construction companies began cutting costs, according to the National Association of Home Builders
by Daniel Houston Jul 19
More than half of homebuilders report cancellation uptick in June
In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first set in during March of 2020
by Daniel Houston Jul 8
Sales declines, price drops and the return of buyer incentives: Oh my!
It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey
Revive releases app to help sellers, agents manage pre-sale renovations
The app, called Revive Home, allows all parties involved in the renovations to communicate via direct chat, insert renovation updates and store critical documents
by Craig C. Rowe Mar 31