US housing market is short 7.2M single-family homes: Realtor.com
Over the past decade, Americans have formed 17.2M new households, while builders have added 10M new single-family homes. It could take years for builders to close the gap
by Marian McPherson Feb 28
Lennar fights high home prices with 3 new mid-range models
The homes are part of the company’s 'Everything’s Included' incentive, which offers a one-stop solution for outfitting a new home
by Craig C. Rowe Nov 28
New-home sales fall beneath the weight of October mortgage rates
Sales of newly built single-family homes clocked in at a seasonally adjusted annual rate of 679,000 during the month of October
by Ben Verde Nov 27
Welcome Homes launches new tools in bid to ease housing crunch
Welcome Homes, a hybrid homebuilder and proptech company, announced its new 'Make-an-Offer' module and an artificial intelligence-backed land analysis report on Wednesday
by Craig C. Rowe Nov 8
Zonda acquires self-touring app in support of new construction portal
UTour empowers 'unattended access,' combining a voice tour generated by artificial intelligence, chat tools for in-tour buyer questions and a security feature for users
by Craig C. Rowe Sep 8
Economy's strength could keep a damper on existing-home sales
Lack of inventory driven by mortgage lock-in effect may persist if Federal Reserve maintains 'higher-for-longer' rate strategy to combat inflation: Fannie Mae economists
by Matt Carter 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
UWM rolls out 'one-time-close' new construction loan in time for spring
Buyers can put as little as 5% down when taking out a new construction loan, with 1 closing and an optional float-down to secure a lower interest rate, according to United Wholesale Mortgage
by Matt Carter Feb 6
New-home sales continue modest rise — but market 'lull' lies ahead
New-home sales rose 5.8% to a seasonally adjusted rate of 640,000, according to data released Friday by the US Census Bureau and Department of Housing and Urban Development
by Ben Verde Dec 23
Homebuilders avoid mass layoffs as brokerages post big hiring month
Sales of new homes have suffered, but plenty of projects remain active. Homebuilders have yet to make steep cuts to their payrolls, according to the US Bureau of Labor Statistics on Friday
by Daniel Houston Dec 2
Ownly builds partner network to Shopify new construction sales
The virtual home buying platform secured deals with a leading online mortgage company in Canada, called Homewise, and another with HonestDoor, a home valuation provider
by Craig C. Rowe Nov 16
3 in 10 homes on market are newly built, the highest share in decades
A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin
by Daniel Houston Nov 8
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
Lumber prices see stable week after falling to normal levels
Construction costs remain high. But one of the biggest headaches for builders — obtaining lumber at a steady price — may be normalizing
by Daniel Houston Oct 11