• Housing economist comments on core inflation report

    The U.S. Bureau of Economic Analysis (BEA) released the April report for Personal Income and Outlays, outlining core inflation at 0.4% for…

    by

    Housing economist comments on core inflation report

    The U.S. Bureau of Economic Analysis (BEA) released the April report for Personal Income and Outlays, outlining core inflation at 0.4% for the month and a 3.8%12-month inflation rate. This is an indication that on the next Fed decision on June 17, 2026 might continue March’s holding pattern.

    The BEA data does not relay one singular outcome for the housing market with a varying landscape across the U.S.

    “When inflation runs this hot, the Fed stays put and mortgage rates stay stuck in the mid-6s,” said Dr. Selma Hepp, Cotality‘s Chief Economist and regular contributor to Builder and Developer. “That freezes the national housing market in place. But a flat national number is hiding a lot behind the scenes. In fact, at a local level, many markets are hiding a complex landscape that is completely fractured from national numbers.”

    Read More 

  • Home buying demand ticks up

    The housing market is showing signs of life; contract cancellations decreased in April 2026, indicating an uptick in homebuyers’ demand. Home-sale agreements…

    by

    Home buying demand ticks up

    The housing market is showing signs of life; contract cancellations decreased in April 2026, indicating an uptick in homebuyers’ demand. Home-sale agreements were only down by -0.1 percentage points from March on a seasonally adjusted basis. This is tied with January for the lowest level of contract cancellations since September 2024, though the level has varied by less than half a percentage point over the last year and a half.

    Contract cancellations inched down this spring as homebuyers and sellers gained a clearer sense of housing-market conditions after several years of volatility. Additionally, the average 30-year fixed mortgage rate declined for three straight weeks in April, giving some buyers confidence in locking in a rate.

    Read More

  • Brookfield receives approval for 12,000 homes on retired California Navy base

    Brookfield Residential just received unanimous approval from the Concord City Council to redevelop the Concord Naval Weapons Station in Northern California. Brookfield’s…

    by

    Brookfield receives approval for 12,000 homes on retired California Navy base

    Brookfield Residential just received unanimous approval from the Concord City Council to redevelop the Concord Naval Weapons Station in Northern California. Brookfield’s master-planned community is expected to revitalize the San Francisco Bay Area with the proposed development of 12,000 new homes, businesses, schools, fire stations and around 800 acres of dedicated parks.

    Estimations are putting the cost of the project at $7 billion, with $628 million directly to the Navy.

    For over two decades projects to transform the site were sidelined. For example, in 2016, Lennar was chosen as the developer for the site before parting ways in 2020.

    Immediate cleanup of the site is the priority, with construction slated to begin in 2030. Brookfield Residential currently has two active communities in Northern California, Amoruso Ranch and Riversound. 

    “And for the first time, we have an agreement between the city, our master developer, and the Navy, over how much we’re going to pay the Navy for the 2,400 acres we’re going to develop on the former Concord Naval Weapons Station,” said base reuse director Guy Bjerke.

    Read More 

  • Building Without Boundaries

    Living Stone Design+Build showcases what creativity and craftsmanship can execute Design+ build firms offer the unique advantage of having all key players…

    by

    Building Without Boundaries

    Living Stone Design+Build showcases what creativity and craftsmanship can execute

    Design+ build firms offer the unique advantage of having all key players of the homebuilding process under one roof. One firm in particular, Living Stone Design+Build, takes its expertise and challenges the process of custom homebuilding, offering both a curated experience and a luxury product. 

    The project is 3,459 square feet with three-bedrooms, four-bathrooms, an office space and a two-car-garage.

    Hustle to High-End

    Sean Sullivan, President and Founder of Living Stone Design+Build began working in luxury residential construction in 1995. His origin story began with little mentorship or structure, but in that environment determination manifested. Then the unexpected happened. “One day the owner came in and let everyone go,” said Sean Sullivan. “That afternoon I went to a job site and started hanging siding.” 

    From that day he continued finding jobs in the industry. Sullivan described the beginning of the company like many others, starting with what it could get its hands on. This led to subcontracting work, then a pivot to remodeling and renovation of existing homes. 

    In 2006, Living Stone Design+Build was introduced to the concept of certified homes. The company certified its first ENERGY STAR home a year later. This moment of excitement quickly fell when the housing market did that year. In 2010, the builder became one of 10 bidders on a project and decided that the process of custom homebuilding did not align. This inspired its establishment of a design + build business and philosophy.

    “Our building philosophy is simple: Let’s build a better house every time, leaving the client with no regrets,” said Sullivan. 

    From there, Living Stone Design+Build launched ID.ology Interiors & Design, an interior design service to walk clients through the selection process.Once the company gained licensure, which it now holds in Tennessee, North Carolina and South Carolina, it began a multiyear process of interviewing architects. With the basis of a solid team, Sullivan realized that space planning and furnishing played a huge part in his mission of building happier, healthier lives. Shortly after, the team launched a nontoxic and low VOC furniture store, Atelier Maison & Co.

    The spiral custom steel staircase wrapped around the vacuum tube elevator won a NAHB BALA for Best Design Detail.

     

    Hidden Falls Haven

    Living Stone’s project, Hidden Falls in Flat Rock, N.C., exemplifies the tailored excellence that design + build firms build reputations on. The name draws inspiration from the waterfalls surrounding the property. 

    The home is 3,459 square feet with three-bedrooms, four-bathrooms, an office space and a two-car-garage. The open concept design and expansive windows welcomes natural light and views of the surrounding wooded area. 

     The kitchen and living room are separated by a dramatic fireplace with accordion sliding doors to maximize connectivity outside. The kitchen features a waterfall island of natural granite balanced against the gold fixtures, matte black cabinetry and teardrop-esque lights.

    The bathroom is styled with a recessed tub in a bed of river rocks framed by a charming chandelier and thoughtfully placed window.

    The bathroom is the epitome of serene surroundings with a recessed tub in a bed of river rocks framed by a charming chandelier and thoughtfully placed window. 

    An intricate but unforgettable design detail is the spiral custom steel staircase wrapped around the vacuum tube elevator. This outstanding element is elegantly executed to increase mobility while adding an unexpected architectural flair to the interior. The remarkable touches continue outside. On the patio of the project is a custom recessed fireplace and conversation pit inviting conversation immersed in nature.

    In addition to these stellar design details, the project can operate 100% off grid. Alongside solar panels with battery backup and rainwater collection, it is certified by ENERGY STAR, GreenBuilt Platinum & Net Zero Energy and Indoor airPLUS. 

    On the patio of the project is a custom recessed fireplace and conversation pit inviting conversation immersed in nature.

    Award-Winning Craftsmanship

    The project went on to win both regional and national awards. Starting at the regional level with WNC Stars Award, Silver Craftsmanship Award and Best Sustainable Project presented by the Builders Association of the Blue Ridge Mountains. Then the project won Best One-of-a-kind Home from the North Carolina Home Builders Association (NCHBA). Finally it achieved national recognition from the National Association of Home Builders Best in American Living Award for Best Design Detail. 

    “These awards are a confirmation of our hard work and craftsmanship, setting a standard for building and design as well as our commitment to sustainability,” said Austin Fox, Project Manager at Living Stone Design + Build.

     

    By Sofia Feeney. She is the Editor at Builder and Developer and can be reached at sofia@builder.media

    This story is also featured in B&D May read the print version.

  • Builder sentiment reports steady increase in May

    The National Association of Home Builders’ (NAHB) Wells Fargo Housing Market Index (HMI) of Builder sentiment reported a modest gain in May,…

    by

    Builder sentiment reports steady increase in May

    The National Association of Home Builders’ (NAHB) Wells Fargo Housing Market Index (HMI) of Builder sentiment reported a modest gain in May, bouncing back after April’s decrease. The HMI posted a 37 for newly built single-family homes.

    NAHB cites the 21st Century ROAD to Housing Act could settle builders’ concerns while increasing housing supply.

    “The housing market remains soft as higher mortgage rates, rising gas prices and economic uncertainty related to the war in Iran continue to dampen buyer demand,” said NAHB Chairman Bill Owens. “However, efforts in the House to modify the 21st Century ROAD to Housing Act could increase the nation’s housing supply and help ease builder concerns.”

    Regionally, the Builder sentiment in Midwest registered a slight, one-point gain to 43 and the Northeast followed with a one point increase to 42. The South reported no change at 35, while the West dipped one point to 28.

    “Recent increases for long-term interest rates will continue to hold back home buyer demand,” said NAHB Chief Economist Robert Dietz. “Although some regional markets, including parts of the Midwest, are showing relative strength, the housing market continues to face significant affordability challenges.”

    Read More

  • Housing economist comments on core inflation report

    Housing economist comments on core inflation report

    The U.S. Bureau of Economic Analysis (BEA) released the April report for Personal Income and Outlays, outlining core inflation at 0.4% for the month and a 3.8%12-month inflation rate. This is an indication that on the next Fed decision on June 17, 2026 might continue March’s holding pattern.

    The BEA data does not relay one singular outcome for the housing market with a varying landscape across the U.S.

    “When inflation runs this hot, the Fed stays put and mortgage rates stay stuck in the mid-6s,” said Dr. Selma Hepp, Cotality‘s Chief Economist and regular contributor to Builder and Developer. “That freezes the national housing market in place. But a flat national number is hiding a lot behind the scenes. In fact, at a local level, many markets are hiding a complex landscape that is completely fractured from national numbers.”

    Read More 

  • Home buying demand ticks up

    Home buying demand ticks up

    The housing market is showing signs of life; contract cancellations decreased in April 2026, indicating an uptick in homebuyers’ demand. Home-sale agreements were only down by -0.1 percentage points from March on a seasonally adjusted basis. This is tied with January for the lowest level of contract cancellations since September 2024, though the level has varied by less than half a percentage point over the last year and a half.

    Contract cancellations inched down this spring as homebuyers and sellers gained a clearer sense of housing-market conditions after several years of volatility. Additionally, the average 30-year fixed mortgage rate declined for three straight weeks in April, giving some buyers confidence in locking in a rate.

    Read More

  • Price drops become less common as market stabilizes

    Price drops become less common as market stabilizes

    According to a new analysis from Redfin, price cuts were slightly less common in April 2026, as the housing market showed signs of stabilization and rising homebuyer demand. More than 35.4% of U.S. home sellers cut their asking price in April 2026, down slightly from 35.6% a month earlier on a seasonally adjusted basis. This is significantly down from a record high of 36.6% in August 2025.

    The decreasing commonality of price cuts is helping sellers regain some negotiating power. Buyers are slowly returning as the job market improves, becoming a bit more confident in their earnings. While buyers are still outnumbered by sellers, they are slightly less so than before, indicating a shift towards a balanced housing market.

    Read More

  • Brookfield receives approval for 12,000 homes on retired California Navy base

    Brookfield receives approval for 12,000 homes on retired California Navy base

    Brookfield Residential just received unanimous approval from the Concord City Council to redevelop the Concord Naval Weapons Station in Northern California. Brookfield’s master-planned community is expected to revitalize the San Francisco Bay Area with the proposed development of 12,000 new homes, businesses, schools, fire stations and around 800 acres of dedicated parks.

    Estimations are putting the cost of the project at $7 billion, with $628 million directly to the Navy.

    For over two decades projects to transform the site were sidelined. For example, in 2016, Lennar was chosen as the developer for the site before parting ways in 2020.

    Immediate cleanup of the site is the priority, with construction slated to begin in 2030. Brookfield Residential currently has two active communities in Northern California, Amoruso Ranch and Riversound. 

    “And for the first time, we have an agreement between the city, our master developer, and the Navy, over how much we’re going to pay the Navy for the 2,400 acres we’re going to develop on the former Concord Naval Weapons Station,” said base reuse director Guy Bjerke.

    Read More 

  • NAHB strives to tackle workforce gaps in housing

    NAHB strives to tackle workforce gaps in housing

    The National Association of Home Builders’ (NAHB) state and local teams met with mayors, city leaders, planners and builders to address workforce development challenges as part of the America’s Housing Comeback discussion series spearheaded by the National League of Cities and the American Planning Association. The discussion allowed city leaders to hear directly from builders about the mounting challenges they face with recruitment and retention, not only for trades professionals but also for public sector staffing.

    Ed Brady, CEO of the Home Builders Institute (HBI), and Emily Price, HBI senior vice president of development and partnership engagement, outlined how HBI programming strengthens city workforces.

    Danushka Nanayakkara-Skillington, NAHB associate vice president of forecasting and analysis, reinforced the message by providing data and insights on how labor market conditions and demographic trends affect housing development.

    Read More

  • Sumitomo Forestry Completes Acquisition of Tri Pointe Homes

    Sumitomo Forestry Completes Acquisition of Tri Pointe Homes

    Sumitomo Forestry announced the successful completion acquisition of Tri Pointe Homes. In closing of this transaction,  Tri Pointe Homes is now a wholly owned subsidiary of Sumitomo Forestry America and will cease trading on the New York Stock Exchange.

    Through the acquisition of Tri Pointe’s more than 160 active communities, the homebuilder expects to deliver around 15,000 units annually across 18 states. This makes Sumitomo Forestry of the highest-volume homebuilders in the nation. Sumitomo Forestry Group is engaged in a broad range of global businesses centered on wood, including forestry management, the manufacture and distribution of wood building materials, the contracting of single-family homes and medium- to large-scale wooden buildings, real estate development and wood biomass power generation.

    “Together with Tri Pointe Homes and our existing five U.S. homebuilders, we are well positioned to expand scale, enhance management efficiency and improve profitability toward our Mission TREEING 2030 goal of supplying 23,000 homes annually in the U.S. by 2030,” said Toshiro Mitsuyoshi, President and Executive Officer of Sumitomo Forestry.

    “Joining the Sumitomo Forestry Group marks an exciting new chapter for Tri Pointe Homes, building on the past 17 years of standalone growth delivering over 58,000 homes to U.S. families and communities,” said Doug Bauer, Tri Pointe Homes’ Chief Executive Officer. “With a shared strategic vision, values and culture, we are well positioned to accelerate our growth while continuing to deliver design-driven homes and exceptional customer experiences.”

    Read More 

  • Construction employment increases in 32 states

    Construction employment increases in 32 states

    Construction employment rose in 32 states from April 2025 to April 2026, according to an analysis of new federal data released by the Associated General Contractors of America (AGC)on May 22, 2026. Texas added the most construction jobs, adding approximately 18,700 jobs, followed by North Carolina, Ohio, Louisiana, Illinois and Missouri. Louisiana had the largest percentage gain in the span of 12 months.

    “It’s encouraging to see construction employment increasing in many parts of the country,” said Ken Simonson, the AGC’s chief economist.

    In April 2026, Florida added the most construction jobs with 6,000, followed by Texas with 3,500, Massachusetts with 3,100, North Carolina with 2,700 and New Mexico with 2,600.

    Read More

  • March sees lowest saving rates since June 2022

    March sees lowest saving rates since June 2022

    According to the latest data from the Bureau of Economic Analysis, March 2026 saw the lowest personal saving rates since June 2022. On a year-over-year basis, personal income was 2.5% higher in March than in April 2025. As consumer spending outpaced income growth, the personal saving rate fell to 2.6%. This data point implies households are drawing more heavily on savings to support spending.

    Personal income was essentially unchanged in April 2026, following a 0.5% gain in March. Personal consumption expenditure rose 0.5% in April, following a 1% increase in March. Real spending, which was adjusted to remove inflation, increased 0.1% in April, with expenditure goods declining 0.2% and spending on services up 0.2%.

    Read More

  • Construction sees life in custom homebuilding

    Construction sees life in custom homebuilding

    The custom home market is not as heavily impacted by the interest rate cycle in comparison to other forms of homebuilding, making it a relative bright spot in residential construction. While overall single-family construction has been down 5% for the first four months of 2026, custom homebuilding is providing relief in the homebuilding.

    According to the National Association of Home Builders’ (NAHB) analysis of Census data from the Quarterly Starts and Completions by Purpose and Design survey, there were 36,000 total custom building starts during the first quarter of 2026. This is up 3% relative to the first quarter of 2025.

    Currently, the market share of custom builds, based on a one-year moving average, is 20% of total single-family starts.

    Read More

  • These 5 design trends make a kitchen feel timeless

    These 5 design trends make a kitchen feel timeless

    Regardless of fluctuating kitchen design trends, interior designers agree on one thing: Homeowners want a kitchen that feels timeless. From natural materials to layered lighting, five design trends can give the kitchen that desired look.

    When it comes to designing a timeless kitchen, Diana Farberov, the founder of Artemuse Design, refers to historic homes and their finishes for guidance. She lists marble, quartzite, polished nickel and unlacquered brass as timeless elements to integrate into a kitchen design for an unchanging feel.

    Luxury interior designer Krista Watterworth Alterman said that a kitchen is defined by its layered lighting, a mix of recessed, flush mount and pendant fixtures. Hardwood floors, classic tile and hidden functionality are additional features that enhance a kitchen’s design.

    Read More

  • What Builders Should Expect from a Designer

    What Builders Should Expect from a Designer

    Every builder has a story about a designer who made their job harder. The selections that showed up three weeks late. The specification that didn’t account for the framing already in the wall. The finish schedule that reads like a mood board instead of a set of construction documents. I’ve heard more than a few of these stories because I’ve spent my career trying not to be in them.

    A skilled interior designer should make a builder’s life measurably easier, not more complicated. When the relationship works, the project runs more smoothly, the client stays calmer and the finished product reflects the kind of quality that earns referrals for everyone at the table. That kind of partnership only happens when the designer understands what their role actually demands on a construction project, not just what it demands on a Pinterest board.

    Here’s what I believe builders should be able to expect from any designer they bring onto a project and what they shouldn’t have to compensate for when the design side falls short.

    A designer’s job isn’t finished when the drawings look beautiful.

    Selections should arrive fully resolved, with lead times confirmed, substrates specified and installation requirements documented. If a tile selection calls for a specific setting material or a particular joint width, that information needs to be in the spec before it becomes a field question. If a fixture requires non-standard rough-in dimensions or reinforced backing, the plumber and framer shouldn’t be the ones discovering it during installation.

    This is where designers earn their fee or lose their credibility. The standard I hold myself to is straightforward: No detail should land on a superintendent’s desk as an open question if I had the opportunity to close it first. That means doing the research, calling the manufacturer and confirming the detail; not hoping it works out in the field.

    Renderings and material boards communicate vision. They serve the client, but the people actually building the project need information they can act on, like dimensions, sequences, clearances and tolerances.

    A designer who understands construction sequencing can coordinate selections around the project schedule rather than against it.

    They know that a large-format porcelain slab has different structural and logistical requirements than standard tile. They understand that specifying a flush-mount detail in a ceiling means coordinating with the electrician, not just the finisher.

    This isn’t about a designer trying to be a builder. It’s about respecting the build process enough to learn how design decisions actually land inside of it. We are communicating in terms that translate directly to execution.

    The best designers are quick to defer to the structural engineer, the MEP consultant and the general contractor’s field experience. They bring those voices into the conversation early rather than designing around them. When I pursued my CAPS certification for aging-in-place design, it wasn’t to add letters after my name. It was because decisions around blocking, clearances and threshold transitions directly affect framing and rough-in and I needed to understand how those choices land in the field before I put them on paper. Even through ASID’s vast offering of resources, including the Impact of Design Briefs and Adaptive Living Guide, designers like me are able to stay up-to-date and informed on the necessary processes to keep projects moving smoothly. That mindset, learning the downstream impact of every design decision, applies to every specialty a designer touches.

    If a builder is chasing selections, interpreting vague specifications or serving as a translator between the client’s expectations and the designer’s intent, something has broken down on the design side.

    Builders shouldn’t have to manage the gaps in someone else’s scope. Their energy and expertise should be directed at building. When the designer is doing their job well, the builder barely notices the design process at all. They just see the right materials arriving at the right time, with clear instructions and no ambiguity attached.

    The projects I’m proudest of aren’t the ones where the design stole the spotlight. They’re the ones where the builder and I operated as a single team. The ones where the handoffs were clean, the communication was direct and the client never had to wonder who was steering the ship. That’s the standard worth building toward. I believe it starts with designers raising the bar for what our side of the partnership delivers.

    By Amber Clore Morales, ASID, CAPS. She is the principal designer and owner of A.Clore Interiors, a full-service interior design firm. She can be reached at amber@acloreinteriors.com 

    This column is featured in May issue of B&D, read the print version

  • Expressive yet Timeless

    Expressive yet Timeless

    Camelot Homes’ building philosophy is rooted in the belief that luxury should be both beautifully designed and deeply livable. Easier said than done for most builders, but Camelot Homes delivers.

    A 50 Year Legacy  

    Their story begins as a family-founded homebuilder over 50 years ago. While retaining its intentional focus on architecture, design and the luxury experience, Camelot Homes evolved to embrace the homebuyer of today. The definition of luxury is shifting with a rising demand for expressive architecture, indoor-outdoor living, advanced building technologies and a heightened focus on sustainability and energy efficiency. The builder’s approach is predictive, not reactive.

    Julie Hancock, Board Member at Camelot Homes describes the company’s building philosophy as simple: Building right and treating people right or don’t build at all. She describes a fine line between beauty and quality, both need to prevail. “We’ve always believed great homes come from the intersection of design, function and discipline,” said Julie Hancock.

    The company culture plays a large role in the success of the builder. Last year Camelot introduced an Employee Stock Ownership Plan. “We’ve built a culture where people are expected to think for themselves, be a problem solver and to do the right thing,” said Hancock. “When people have ownership, they stop thinking like employees and start thinking like builders and operators: That changes everything.”

    Bespoke Blueprints 

    Cammie Hancock Beckert grew up visiting job sites and walking model homes with her parents on weekends. To her, it simply felt like a way of life rather than a defined career path. Her  passion for the business developed when she joined the family company and began working in sales.

    Camelot Homes worked closely with architect Bob White on the White Horse community project. The elevated, custom-level design resonated with buyers and led to increased interest from clients wanting to build similar homes on their own lots. The combination of strategic planning, market demand and prior experience ultimately led to the creation of Cameron Custom, where Hancock Beckert leads as the Division President.

    “Working across both Cameron Custom and Camelot Homes has given me a unique balance of perspectives, the creativity and flexibility of custom homes alongside the discipline and systems of a larger production builder,” said Hancock Beckert. “As Cameron Custom has evolved, I’ve had the opportunity to mentor team members in areas like preconstruction planning, client communication and navigating complex projects.”

    Under Hancock Beckert’s leadership, one of Cameron Custom’s projects, Whisper Rock is a custom-edition of Camelot’s Gold Nugget award-winning Cheval floorplan features The home features four-bedrooms, five-and-a-half baths, a den and a separate casita. At 5,673 square-feet, the interiors are guided by expert design with thoughtful lighting placement, accents of gold hardware and modern Calacatta Viola marble in the kitchen, fireplace and primary bath. The project is grounded by Camelot’s seamless integration of indoor-outdoor living, bringing the warm aesthetic of the desert inside.

    The Edge at Joy Ranch 

    An example of Camelot’s high-bar for community execution is the Edge at Joy Ranch. This site was chosen for its balance of privacy without isolation.

    The architecture of the Edge at Joy Ranch leans towards a sculptural, postmodern-inspired massing. The home uses butterfly roofs and mono pitches to create dimension and textured exterior design in three complimentary colors to add contrast.

    Underneath this is the decision to uphold luxury living with sustainability. In a desert environment, the optimized building orientation mitigates heat gain while maximizing daylighting. High-performance glazing and insulation improve comfort and energy use without sacrificing expansive views.

    The exterior spaces function as true extensions of the interior rather than isolated amenities. While the deep overhangs and strategically placed apertures enhance airflow and passive cooling, reducing reliance on mechanical systems. The layout of the architecture and landscape design allows for ease of movement with entry points of large sliding doors in nearly every room.

    Camelot plays on the give and take of expressive design, instilling art in the architecture while being a home to live and grow in.

    Photo Credit: Camelot Homes

    By Sofia Feeney. She is the Editor at Builder and Developer and can be reached at sofia@builder.media

    This story is also featured in B&D May read the print version.

    This story is posted on our Instagram, Facebook, X and LinkedIn


  • Builder sentiment reports steady increase in May

    Builder sentiment reports steady increase in May

    The National Association of Home Builders’ (NAHB) Wells Fargo Housing Market Index (HMI) of Builder sentiment reported a modest gain in May, bouncing back after April’s decrease. The HMI posted a 37 for newly built single-family homes.

    NAHB cites the 21st Century ROAD to Housing Act could settle builders’ concerns while increasing housing supply.

    “The housing market remains soft as higher mortgage rates, rising gas prices and economic uncertainty related to the war in Iran continue to dampen buyer demand,” said NAHB Chairman Bill Owens. “However, efforts in the House to modify the 21st Century ROAD to Housing Act could increase the nation’s housing supply and help ease builder concerns.”

    Regionally, the Builder sentiment in Midwest registered a slight, one-point gain to 43 and the Northeast followed with a one point increase to 42. The South reported no change at 35, while the West dipped one point to 28.

    “Recent increases for long-term interest rates will continue to hold back home buyer demand,” said NAHB Chief Economist Robert Dietz. “Although some regional markets, including parts of the Midwest, are showing relative strength, the housing market continues to face significant affordability challenges.”

    Read More

  • Pending home sales see 1.4% increase

    Pending home sales see 1.4% increase

    According to a report from the National Association of Realtors (NAR), the spring housing market saw a slight bump in activity in April, as pending home sales increased by 1.4% since March. Pending sales increased in the Northeast, Midwest and West, but declined in the South. Year-over-year pending home sales rose in the Midwest, South and West, but declined in the Northeast.

    The report, released on May 19, 2026, follows the release of data indicating that the National Association of Home Builders/Wells Fargo sentiment index notched a 3-point gain in May.

    “Buyers are coming out with cautious optimism despite increasing economic uncertainty and a slight rise in mortgage rates,” said NAR Chief Economist Lawrence Yun. “Demand will easily be even higher once mortgage rates retreat to the levels they were at earlier this year.”

    Read More

  • Sumitomo Forestry Completes Acquisition of Tri Pointe Homes

    Sumitomo Forestry Completes Acquisition of Tri Pointe Homes

    Sumitomo Forestry announced the successful completion acquisition of Tri Pointe Homes. In closing of this transaction,  Tri Pointe Homes is now a wholly owned subsidiary of Sumitomo Forestry America and will cease trading on the New York Stock Exchange.

    Through the acquisition of Tri Pointe’s more than 160 active communities, the homebuilder expects to deliver around 15,000 units annually across 18 states. This makes Sumitomo Forestry of the highest-volume homebuilders in the nation. Sumitomo Forestry Group is engaged in a broad range of global businesses centered on wood, including forestry management, the manufacture and distribution of wood building materials, the contracting of single-family homes and medium- to large-scale wooden buildings, real estate development and wood biomass power generation.

    “Together with Tri Pointe Homes and our existing five U.S. homebuilders, we are well positioned to expand scale, enhance management efficiency and improve profitability toward our Mission TREEING 2030 goal of supplying 23,000 homes annually in the U.S. by 2030,” said Toshiro Mitsuyoshi, President and Executive Officer of Sumitomo Forestry.

    “Joining the Sumitomo Forestry Group marks an exciting new chapter for Tri Pointe Homes, building on the past 17 years of standalone growth delivering over 58,000 homes to U.S. families and communities,” said Doug Bauer, Tri Pointe Homes’ Chief Executive Officer. “With a shared strategic vision, values and culture, we are well positioned to accelerate our growth while continuing to deliver design-driven homes and exceptional customer experiences.”

    Read More 

Latest Issue

  • May 2026

    This issue of Builder and Developer features an array of perspectives on projects from design+build to a large-scale homebuilder.


  • What Builders Should Expect from a Designer

    What Builders Should Expect from a Designer

    Every builder has a story about a designer who made their job harder. The selections that showed up three weeks late. The specification that didn’t account for the framing already in the wall. The finish schedule that reads like a mood board instead of a set of construction documents. I’ve heard more than a few of these stories because I’ve spent my career trying not to be in them.

    A skilled interior designer should make a builder’s life measurably easier, not more complicated. When the relationship works, the project runs more smoothly, the client stays calmer and the finished product reflects the kind of quality that earns referrals for everyone at the table. That kind of partnership only happens when the designer understands what their role actually demands on a construction project, not just what it demands on a Pinterest board.

    Here’s what I believe builders should be able to expect from any designer they bring onto a project and what they shouldn’t have to compensate for when the design side falls short.

    A designer’s job isn’t finished when the drawings look beautiful.

    Selections should arrive fully resolved, with lead times confirmed, substrates specified and installation requirements documented. If a tile selection calls for a specific setting material or a particular joint width, that information needs to be in the spec before it becomes a field question. If a fixture requires non-standard rough-in dimensions or reinforced backing, the plumber and framer shouldn’t be the ones discovering it during installation.

    This is where designers earn their fee or lose their credibility. The standard I hold myself to is straightforward: No detail should land on a superintendent’s desk as an open question if I had the opportunity to close it first. That means doing the research, calling the manufacturer and confirming the detail; not hoping it works out in the field.

    Renderings and material boards communicate vision. They serve the client, but the people actually building the project need information they can act on, like dimensions, sequences, clearances and tolerances.

    A designer who understands construction sequencing can coordinate selections around the project schedule rather than against it.

    They know that a large-format porcelain slab has different structural and logistical requirements than standard tile. They understand that specifying a flush-mount detail in a ceiling means coordinating with the electrician, not just the finisher.

    This isn’t about a designer trying to be a builder. It’s about respecting the build process enough to learn how design decisions actually land inside of it. We are communicating in terms that translate directly to execution.

    The best designers are quick to defer to the structural engineer, the MEP consultant and the general contractor’s field experience. They bring those voices into the conversation early rather than designing around them. When I pursued my CAPS certification for aging-in-place design, it wasn’t to add letters after my name. It was because decisions around blocking, clearances and threshold transitions directly affect framing and rough-in and I needed to understand how those choices land in the field before I put them on paper. Even through ASID’s vast offering of resources, including the Impact of Design Briefs and Adaptive Living Guide, designers like me are able to stay up-to-date and informed on the necessary processes to keep projects moving smoothly. That mindset, learning the downstream impact of every design decision, applies to every specialty a designer touches.

    If a builder is chasing selections, interpreting vague specifications or serving as a translator between the client’s expectations and the designer’s intent, something has broken down on the design side.

    Builders shouldn’t have to manage the gaps in someone else’s scope. Their energy and expertise should be directed at building. When the designer is doing their job well, the builder barely notices the design process at all. They just see the right materials arriving at the right time, with clear instructions and no ambiguity attached.

    The projects I’m proudest of aren’t the ones where the design stole the spotlight. They’re the ones where the builder and I operated as a single team. The ones where the handoffs were clean, the communication was direct and the client never had to wonder who was steering the ship. That’s the standard worth building toward. I believe it starts with designers raising the bar for what our side of the partnership delivers.

    By Amber Clore Morales, ASID, CAPS. She is the principal designer and owner of A.Clore Interiors, a full-service interior design firm. She can be reached at amber@acloreinteriors.com 

    This column is featured in May issue of B&D, read the print version

  • House approves revised housing bill

    House approves revised housing bill

    The U.S. House of Representatives approved an amendment to the 21st Century ROAD to Housing Act that removes a build-to-rent (BTR) sales provision that would have hurt affordability and reduced much-needed housing supply. According to the National Association of Home Builders (NAHB) and the Urban Institute, the measure would have cut rental housing supply by 40,000 to 72,000 units each year. It also would have displaced thousands of tenants annually, shrinking the rental market and putting further pressure on rents. NAHB led the push to remove the provision, which would have required purpose-built single-family rental homes to be sold within seven years.

    In a time of severe housing shortages and affordability challenges, BTR remains one of the few market segments adding thousands of homes that would otherwise not be built.

    “NAHB applauds the House for overwhelmingly approving the revised 21st Century ROAD to Housing Act with strong bipartisan support,” said Bill Owens, chairman of NAHB, home builder and remodeler from Worthington, Ohio. “Led by House Financial Services Committee Chairman French Hill and Ranking Member Maxine Waters, the package eliminates a forced-sale provision on rental housing that would have reduced supply, raises and indexes multifamily loan limits to help spur new apartment development and provides meaningful relief to community banks. We urge the Senate to move quickly to send a once-in-a-generation housing bill to President Trump to expand housing supply and address America’s housing affordability challenges.”

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  • Expressive yet Timeless

    Expressive yet Timeless

    Camelot Homes’ building philosophy is rooted in the belief that luxury should be both beautifully designed and deeply livable. Easier said than done for most builders, but Camelot Homes delivers.

    A 50 Year Legacy  

    Their story begins as a family-founded homebuilder over 50 years ago. While retaining its intentional focus on architecture, design and the luxury experience, Camelot Homes evolved to embrace the homebuyer of today. The definition of luxury is shifting with a rising demand for expressive architecture, indoor-outdoor living, advanced building technologies and a heightened focus on sustainability and energy efficiency. The builder’s approach is predictive, not reactive.

    Julie Hancock, Board Member at Camelot Homes describes the company’s building philosophy as simple: Building right and treating people right or don’t build at all. She describes a fine line between beauty and quality, both need to prevail. “We’ve always believed great homes come from the intersection of design, function and discipline,” said Julie Hancock.

    The company culture plays a large role in the success of the builder. Last year Camelot introduced an Employee Stock Ownership Plan. “We’ve built a culture where people are expected to think for themselves, be a problem solver and to do the right thing,” said Hancock. “When people have ownership, they stop thinking like employees and start thinking like builders and operators: That changes everything.”

    Bespoke Blueprints 

    Cammie Hancock Beckert grew up visiting job sites and walking model homes with her parents on weekends. To her, it simply felt like a way of life rather than a defined career path. Her  passion for the business developed when she joined the family company and began working in sales.

    Camelot Homes worked closely with architect Bob White on the White Horse community project. The elevated, custom-level design resonated with buyers and led to increased interest from clients wanting to build similar homes on their own lots. The combination of strategic planning, market demand and prior experience ultimately led to the creation of Cameron Custom, where Hancock Beckert leads as the Division President.

    “Working across both Cameron Custom and Camelot Homes has given me a unique balance of perspectives, the creativity and flexibility of custom homes alongside the discipline and systems of a larger production builder,” said Hancock Beckert. “As Cameron Custom has evolved, I’ve had the opportunity to mentor team members in areas like preconstruction planning, client communication and navigating complex projects.”

    Under Hancock Beckert’s leadership, one of Cameron Custom’s projects, Whisper Rock is a custom-edition of Camelot’s Gold Nugget award-winning Cheval floorplan features The home features four-bedrooms, five-and-a-half baths, a den and a separate casita. At 5,673 square-feet, the interiors are guided by expert design with thoughtful lighting placement, accents of gold hardware and modern Calacatta Viola marble in the kitchen, fireplace and primary bath. The project is grounded by Camelot’s seamless integration of indoor-outdoor living, bringing the warm aesthetic of the desert inside.

    The Edge at Joy Ranch 

    An example of Camelot’s high-bar for community execution is the Edge at Joy Ranch. This site was chosen for its balance of privacy without isolation.

    The architecture of the Edge at Joy Ranch leans towards a sculptural, postmodern-inspired massing. The home uses butterfly roofs and mono pitches to create dimension and textured exterior design in three complimentary colors to add contrast.

    Underneath this is the decision to uphold luxury living with sustainability. In a desert environment, the optimized building orientation mitigates heat gain while maximizing daylighting. High-performance glazing and insulation improve comfort and energy use without sacrificing expansive views.

    The exterior spaces function as true extensions of the interior rather than isolated amenities. While the deep overhangs and strategically placed apertures enhance airflow and passive cooling, reducing reliance on mechanical systems. The layout of the architecture and landscape design allows for ease of movement with entry points of large sliding doors in nearly every room.

    Camelot plays on the give and take of expressive design, instilling art in the architecture while being a home to live and grow in.

    Photo Credit: Camelot Homes

    By Sofia Feeney. She is the Editor at Builder and Developer and can be reached at sofia@builder.media

    This story is also featured in B&D May read the print version.

    This story is posted on our Instagram, Facebook, X and LinkedIn

  • Southern California Housing Market Forecast

    Southern California Housing Market Forecast

    According to the California Association of REALTORS, March 2026 showed fluctuating patterns for existing, single-family homes across the state. Across Southern California, there was a 3% increase in year-over-year home sales. The median home price saw a 0.3% increase year-over-year, reaching around $880,000 in March.

    While a modest gain, it indicates that prices are no longer skyrocketing or falling significantly. Overall, it is a sign of a market that is trying to find its equilibrium.

    Looking toward the rest of the year, prices are expected to continue their trend of modest, steady growth. If economic conditions continue to stabilize, inflation remains in check and if mortgage rates begin to ease consecutively, sales volume could see an uptick.

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  • Residential construction material prices are up

    Residential construction material prices are up

    According to the most recent Producer Price Index (PPI), input prices for residential construction rose in April. Various factors are raising costs around the U.S., but particularly for the residential market energy prices are at the forefront.

    The PPI for final demand rose 1.4% in April following a 0.7% increase in March. Excluding energy prices rising, building materials are also up 3.7% from a year ago. Apart from goods, services also saw a significant incline from a year ago.

    “Long-distance motor carrying service prices rose 10.4% in April and were 18.3% higher than a year ago, while local motor carrying service prices rose 1.4% in April and were 6.3% higher than a year ago,” said Jess Wade, economist and director of tax and trade policy analysis at the National Association of Homebuilders. “These are the two transportation services that are represented as inputs in the residential construction price index.

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  • Design choices that inspire tranquility

    Design choices that inspire tranquility

    Homeowners are seeking spaces that inspire tranquility and prioritize wellness. Design trends are shifting towards interiors that are softer and more personal to balance everyday living.

    While bulb temperature may seem like a small detail, lighting has the power to transform the feeling of a home. Morgan Howard, founder and principal designer of Morgan Britt Interiors in Atlanta, Ga., selects 2700K bulbs to bring warmth into a space.

    According to Lauren Branch, owner and principal designer of Kéfi Home Interiors in Raleigh, N.C., adding wooden elements to a home can bring an additional layer of warmth. Branch notes that she is talking about more than the standard floors or side tables.

    “Try it on the walls or the ceiling,” said Branch. “Wood has an innate ability to bring in warmth and comfort (that) not many other materials can match.”

    Adding plants into a project brings the outdoors inside, soothing nervous systems and enhancing air quality.

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  • Pending home sales climb to the highest level since 2023

    Pending home sales climb to the highest level since 2023

    In April, pending home sales hit the highest level since February 2023, rising 2% from the month before. This is the largest increase since March 2025. Existing home sales also climbed to a seasonally adjusted annual rate of 4.33 million, the highest level since February 2023.

    The median U.S. home sale price rose 2.4% year-over-year in April to $396,173, the biggest increase in 13 months, as house hunters came off the sidelines amid a stabilizing job market. The April jobs report showed an increase in hiring, which likely helped boost housing demand.

    “Homebuyer demand increased significantly at the end of March following a relatively quiet period in January and February,” said Dawn Kane, a Redfin Premier real estate agent working in both Maryland and Pennsylvania. “This is the first time post-pandemic I’ve felt the frenzy and comeback of a true spring market.”

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  • Housing market power begins to shift

    Housing market power begins to shift

    For months, the balance of power in the U.S. housing market has been shifting. Now, the negotiating power that was once held by buyers is shifting. There were an estimated 46.5% more home sellers than buyers in the U.S. housing market in April 2026, down from 47.5% the month before and a high of 48.9% in December 2025. While the current housing market is still slightly leaning in favor of homebuyers, it is no longer a strengthening homebuyers market, indicating a possible shift towards balance.

    “Homebuyer demand has been dwindling for months, but finally ticked up in April thanks to a strengthening job market and declining recession risk,” said Redfin Senior Economist Asad Khan. “More house hunters entering the market helped narrow the gap between the number of buyers and sellers. If the number of buyers continues to grow, more homeowners may see it as an opportunity to list their homes, helping bring the market out of this deep freeze.”

    There were an estimated 1 million homebuyers in the market in April, up 2% from March; the largest increase in 13 months. Meanwhile, there were an estimated 1.5 million sellers in the market, up 1.3% month over month, marking the largest increase in a year.

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  • Senate confirms new Federal Reserve chair

    Senate confirms new Federal Reserve chair

    On May 13, 2026, the U.S. Senate confirmed Kevin Warsh as the next chairman of the Federal Reserve.  The 54-45 vote, mostly along party lines, marks the return of Warsh to the Fed where he previously served on the Board of Governors from 2006 to 2011. Warsh will replace the current chair Jerome Powell, he has led the Federal Reserve since 2018.

    Previous to his new position, Warsh served as the Shepard Family Distinguished Visiting Fellow in Economics at the Hoover Institution at Stanford University. He  was also a lecturer at the Stanford Graduate School of Business. Many housing economists predict the next action from the Fed might be a rate hike instead of a cut.

    “A Warsh-led Fed matters for housing less because of where rates are today and more because of how policy is communicated going forward,” said Cotality Chief Economist Dr. Selma Hepp. “For housing, that likely means fewer sharp policy pivots but a longer period of rate uncertainty. Current assessment is that Warsh could lean modestly more dovish over time — anchored by productivity optimism — offers some hope that policy won’t remain overly restrictive if inflation continues to cool. However, his skepticism of an oversized balance sheet and openness to rethinking Fed communication tools could keep mortgage rates volatile even if the policy rate trends lower. The risk for housing is that affordability remains trapped: rates may ease only gradually while prices stay elevated due to limited supply. The opportunity, if Warsh succeeds in restoring Fed credibility, is a steadier long‑term financing environment that allows builders, lenders and buyers to plan with greater confidence.”