Declines for Residential Construction Loans
Residential construction loan volume experienced its largest year-over-year drop since 2012 during Q2 2024, as reported by NAHB. This slowdown
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New This Week
Enter the Best of KBIS Competition at KBIS 2025
The kitchen and bath industry’s top awards program, The Best of KBIS, is now accepting entries for 2025. Open to
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Young Adults Poised to Enter Homeownership Despite Market Challenges
The NAHB’s latest analysis highlights the growing difficulty for young adults under 35 to enter the housing market, with homeownership
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New Construction Activity Slows in September, Primarily in Multi-Family Space
New residential construction activity showed a slight decline in September 2024, following a robust month in August. Permits for new
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‘Sizeable’ housing project aims to grow small Upper Peninsula town
A new housing development in Crystal Falls, Michigan, is set to add 68 units to the small Upper Peninsula town,
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KB Home Announces the Grand Opening of Its Newest Community in Leesburg, Florida
KB Home has officially announced the grand opening of Solver Lake Estates, a new community in Leesburg, Florida. As reported
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What’s That Building? Downtown Chicago architecture designed by women
To celebrate the legacy of the Chicago Women in Architecture organization, the city is hosting the “Disrupters” exhibit, showcasing hundreds
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Round Rock housing developer to bring 72 townhomes to Central Texas
A new townhome development in Round Rock, Texas aims to address the housing needs of families and returning residents with
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NAHB Members Take Home Top EPA and DOE Awards
At the recent Energy and Environmental Building Alliance (EEBA) High-Performance Home Summit in Salt Lake City, the EPA and the
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Framing Lumber Prices
The framing lumber composite price increased 2.0% for the week ending on Oct. 18 compared to the previous week. Lumber
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EEBA 2024 Building Excellence Award Winners
The 2024 Building Excellence Awards celebrated outstanding achievements in construction at the High Performance Home Builder Summit, highlighting innovation and
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Housing Market Predictions for Next Year: Prices to Rise by 4.4%
Fannie Mae’s Home Price Expectations Survey (HPES) offers insights into projected U.S. home price changes from 2024 to 2028, as
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Climate-Driven Insurance Hikes are Making Affordable Housing Even Harder to Build
Climate change is driving up insurance costs for real estate, especially in the coastal Southeast where hurricanes are a threat.
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Governor Hochul Announces 71,000 New Homes in New York City Will Be Built Through Policies Enacted in State’s Landmark Housing Deal
The state of New York is celebrating the creation of about 71,000 apartments in New York City, including 21,000 affordable
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Min Design Sculpts Planes and Openings Strategically for a Contemplative Home, Capturing Light
In a San Francisco-based project dubbed Capturing Light, local firm Min Design approached the minimal residence by exploring the dynamics
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Softwood Lumber Prices Slip a Little More
The latest Producer Price Index report from the U.S. Bureau of Labor Statistics shows a steady August to September pricing,
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Over 400 New Homes Planned Across Escambia. Here’s What the County Greenlit in September
According to Pensacola News Journal, Escambia County’s Development Review Committee (DRC) approved plans for eight different subdivision projects during September
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Tri Pointe Homes, Inc. Releases 2023 Sustainability Report
Tri Pointe Homes, Inc. (NYSE: TPH), one of the largest homebuilders in the U.S., today announced the release of its
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How Innovative Smart Appliance Technology Enhances Functionality in the Home
According to the NBKA, there’s been a lot of buzz over the past several years about smart technology and how
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What Do Rate Cuts Mean for the K&B Industry?
According to the NBKA, after months of anticipation, the Federal Reserve recently announced a significant .5% rate cut – the
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Home Builders Prepared for Potential Impacts to Supplies, Prices Following Hurricane Milton
According to KGUN Tucson, as Floridians begin rebuilding after the powerful Category 3 storm that hit Wednesday night, home builders
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How Are Second-Home Markets Performing?
According to John Burns Research and Consulting, in 2024, year-to-date second-home sales showed positive momentum. The trend seems counterintuitive amid
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Market-Driven Solutions Will Bolster Nation’s Resilience, Keep Homes Affordable
The National Association of Home Builders (NAHB) told Congress that FEMA’s push for adopting the latest building codes would unnecessarily
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Average US 30-Year Mortgage Rate Surges to 6.32%, Adding Pressure to Buyers Facing High Home Prices
The average rate on a 30-year mortgage in the U.S. surged to 6.32% this week, adding pressure on home buyers
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Construction Pros Expect Interest Rate Cut to Spur New Work
Construction executives welcomed the Federal Reserve’s 0.5 percentage point rate cut announced on Wednesday, saying the move is the start
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Remodeling Market Sentiment Dips in Third Quarter
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter, posting
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Top 3 New Home Trends Anticipated for 2025
With 2024 almost half done, designers are already setting their sights on an even more dynamic and innovative 2025. To
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9 Emerging Home Building Trends
Homebuilders have faced their share of challenges in recent years. Material shortages and increased costs have forced builders to be
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Irvine approves zoning for more housing over airport commission’s objections
Prompted by state housing mandates, the Irvine City Council voted to override the Orange County Airport Land Use Commission’s concerns
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California Housing Market Overview
What is the housing market like right now? In August 2024, home prices in California were up 3.0% compared to
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How to Support Hurricane Milton and Helene Recovery Efforts
Hurricane Milton made landfall this week as a category 3 hurricane, bringing a devastating storm surge, high winds, tornados and
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