Industry Developments

C-suite insights, land development, projects, laws and trends shaping the housing industry today.

  • Dream Finders Homes acquires Beazer Homes for $2.2 billion

    Dream Finders Homes acquires Beazer Homes for $2.2 billion

    It’s official: Dream Finders Homes (DFH) will acquire Beazer Homes in a $2.2 billion deal. This comes after multiple public rounds of offers from DFH to acquire the Atlanta-based builder.

    The offer values Beazer Homes at $33.50 per share, up from Dream Finders’ last offer in July of $32.00 per share.

    The combined company will operate in 26 markets across high-demand areas in the Mid-Atlantic, Southeast, the Midwest, Texas and the West.

    “As someone who started Dream Finders from the ground up, I know what it takes to build a culture that puts homebuyers first and that’s exactly what I see in Beazer,” said Patrick Zalupski, Founder, CEO and Co-Chairman of Dream Finders. “They have built something genuinely special – a talented team, strong communities, and a culture that puts customers at the center of everything they do. That resonates deeply with us. This combination is the next meaningful step in our journey to become a top 5 national homebuilder, expanding our geographic reach, broadening the range of buyers we can serve and strengthening the integrated services we offer families from contract to close.”

    Dream Finders then reaffirmed its full-year 2026 outlook of 9,250 homes. It’s unclear whether the combined builder will hold the same energy-efficient priorities of Beazer Homes.

    “Over nearly 20 years, we have transformed Beazer into one of the nation’s largest homebuilders through a strategy focused on delivering on energy-efficient homes and best-in-class customer experiences,” said Allan P. Merrill, Chairman, President and CEO of Beazer Homes. “This transaction represents the culmination of a comprehensive review of opportunities to maximize value and provides Beazer shareholders with a significant and certain cash return in an uncertain market. I am proud of our people and want to thank our entire organization for their exceptional work to ensure that, together with Dream Finders, we continue providing homebuyers across the country with a high-quality product and outstanding service.”

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  • Highland Homes announces restructuring

    Highland Homes announces restructuring

    Highland Homes, the Texas-based homebuilder, announced a new division-led organizational structure. Under the new structure, local functional teams will report directly to a Division President.

    With that comes the posting of new Division Presidents: Jarod Mouton to lead Houston, and John DePasquale to lead Highland’s Central Texas division, serving the Austin and San Antonio markets.

    This change is designed to strengthen local market leadership, sharpen accountability and bring decision-making closer to the customers and communities it serves.

    “Highland’s success has always come from understanding what homebuyers value in each market and empowering our people to deliver it,” said Aaron Graham, Chairman and CEO of Highland Homes. “This structure brings leadership and decision-making closer to our customers while giving our senior functional leaders greater capacity to advance the products, technology and growth strategies that will shape Highland’s future. We were deliberate about the structure, the leaders and the timing, and I’m confident it positions us to serve our customers and employee owners even better in every market.”

    Highland also announced several promotions as part of the new structure. Stephen Chambers has been promoted to Chief Operating Officer and will lead Architectural Services and New Product Development, Supply Chain, Information Technology, Marketing and MarTech.

    Jeff Stinson is promoted to Chief Strategy and Land Officer; he will lead enterprise strategy and land initiatives to support Highland’s long-term growth. Amy Jones is promoted to Senior Vice President of Sales and Marketing in Dallas-Fort Worth.

    The changes follow months of planning and preparation to ensure the structure, leadership and timing were right for Highland. The company expects the division-led framework to strengthen its ability to serve homebuyers, create opportunities for its employee owners and build on its position in every Texas market it serves.

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  • Danielian Associates Architects + Planners Acquires Irwin Partners Architects

    Danielian Associates Architects + Planners Acquires Irwin Partners Architects

    Danielian Associates Architects + Planners (DA) announced that Irwin Partners Architects (IPA) joined the team as a Danielian Associates company.

    Bringing together two of Orange County’s longest-standing residential design firms, the partnership expands the expertise and resources available to clients while preserving the trusted relationships, personalized service and experienced team that have defined IPA for more than 60 years.

    IPA, as a Danielian Associates company, will continue serving its clients through the same leadership, project teams, and client relationships, now supported by Danielian’s well-versed design teams.

    Together, the firms offer expanded expertise in senior housing, rehabilitation and adaptive reuse, affordable housing, build-to-rent, multifamily, mixed-use, master-planned communities and community planning, creating a stronger team ready to serve the evolving housing market across the country.

     

    “For nearly six decades, Danielian has been committed to exceptional residential design and lasting client relationships,” said John Danielian, AIA, LEED AP, President of Danielian Associates. “IPA has built an outstanding reputation through its talented team and trusted client partnerships. Together, we are creating an even stronger firm while maintaining the values that have defined both organizations.”

     

    Joining DA allows us to build on everything our clients already value about Irwin Partners,” said Greg Irwin, head of Irwin Partners Architects. “The people they know and trust remain the same. We now have more resources behind our team to better serve them.”

    Together, Danielian Associates and Irwin Partners are building on more than a century of combined residential design experience, creating a stronger platform to serve clients with the same trusted relationships, expanded expertise and greater resources for the future. Danielian Associates Architects + Planners proudly announces that Irwin Partners Architects has joined the team as a Danielian Associates company.

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  • D.R. Horton realigns outlook despite strong Q3

    D.R. Horton realigns outlook despite strong Q3

    In this challenging market, the nation’s largest homebuilder, D.R. Horton, just exceeded its Q3 expectations with 23,983 homes closed and a home sales gross margin of 20.7%. Yet, the builder is realigning its full-year revenue and closings guidance.

    On the company’s Q3 earnings call on July 21, 2026, David Auld, Executive Chairman, noted that the market is at a crossroads with the weary consumer.

    “Affordability constraints and cautious consumer sentiment continue to impact new home demand and we expect sales incentives to remain elevated during the fourth quarter, with incentive levels dependent on demand, mortgage rates and other market conditions,” said Auld.

    D.R. Horton revised its projected 2026 ‌consolidated ⁠revenue at $32.5 billion to $33.0 billion, down from its previous forcast of $33.5 billion to $34.5 billion.

    Despite this, the builder’s homebuilding revenue for the third quarter increased 1% to $8.7 billion. Total closed homes ticked up 4% from Q2 to 23,983.

    “Our experienced local operators, broad national footprint, flexible lot supply and strong balance sheet position us to compete effectively and capture demand across our markets,” said Auld We remain focused on disciplined capital allocation and are committed to delivering value to our homebuyers while enhancing long-term returns for our shareholders.”

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  • Michigan governor signs bills to boost homebuilding

    Michigan governor signs bills to boost homebuilding

    On July 21, 2026, Michigan Governor Gretchen Whitmer signed three bills into law aimed at increasing homebuilding across the state. The bills will enable the Michigan Housing Opportunity Tax Credit to work in tandem with the federal low-income housing tax credit to build more affordable housing and cut red tape to help build new homes.

    “Every Michigander deserves an affordable, quality place to call home,” said Whitmer. “I’m proud to sign these bills that cut red tape, lower housing costs and expand our housing stock available to working families looking to put down roots. Over the last seven-and-a-half years, we’ve built more homes than any administration in state history and lowered costs for every Michigander, making it possible for more people to become homeowners. This year’s budget builds on that progress by investing in our neighborhoods and the people who need it most. Let’s keep working together to give every Michigander a shot at finding a place to call home.”

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  • Stanley Martin Homes Acquires Holiday Builders

    Stanley Martin Homes Acquires Holiday Builders

    Stanley Martin Homes announced it entered into an agreement to acquire Florida-based Holiday Builders.

    This acquisition would increase Stanley Martin Homes’ controlled lot count to approximately 10,600 and strengthen its presence in the Northwest Panhandle and Southwest Gulf Coast of Florida.

    Holiday Builders closed approximately 1,050 homes in the state in 2025.  Stanley Martin Homes closed an estimated 5,320 homes in 2025, with a presence in seven states.

    “The acquisition of Holiday Builders marks an important step in strengthening the presence of Stanley Martin Homes across Florida,” said Steve Alloy, President and Chief Executive Officer of Stanley Martin Homes. “Their established footprint in key markets aligns with our commitment to expanding housing availability and affordability for today’s homebuyers.”

    “We are proud of the foundation Holiday Builders has built across Florida and excited to join the Stanley Martin Homes organization,” said Bruce Assam, President and Chief Executive Officer of Holiday Builders. “Together, we will create even more opportunities for buyers to find a home that fits their needs.”

    Stanley Martin Homes is a subsidiary of Japan-based homebuilder Daiwa House Group. Another subsidiary of Daiwa House Group, Trumark Homes, acquired Washington-based homebuilder JK Monarch in late March 2026.

    The transaction is expected to close in late July 2026; Holiday Builders will become a wholly owned subsidiary of Stanley Martin Homes.

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  • Lennar approved on 2,360-home Florida development

    Lennar approved on 2,360-home Florida development

    Lennar, one of the nation’s largest homebuilders, just received the thumbs-up on its 2,360-home Everlands West development from the Palm Bay City Council. The project is noted as one of the most ambitious residential projects for the city in recent memory. Lennar plans to build an estimated 1,600 single-family homes and 760 multi-family homes.

    The project is especially interesting given the city’s new investment in the area, planning to devote around $19 million for water and sewer infrastructure investments. Full build-out for the Everlands West development is expected to reach completion in 2036. The project continues Lennar’s presence in the Palm Bay market, with five currently active communities.

    “Both the existing and proposed future land use designations allow for significantly higher residential densities than what’s being proposed with this community, said  But even with the flexibility, this project is being designed at just a low overall density of 1.96 dwelling units an acre. In addition, the plan preserves over 310 acres of wetlands in conservation areas, helping maintain that natural character of the site.”

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  • A new era for homebuilding: 21st Century ROAD to Housing Act is law

    A new era for homebuilding: 21st Century ROAD to Housing Act is law

    The homebuilding industry celebrates a major legislative milestone this week: the 21st Century ROAD to Housing Act is officially law. Since the bipartisan bill was first introduced in 2025, it was shaped and championed by various industry organizations to increase housing development across the country.

    The bill, with over 50 sections, notably decreases regulatory barriers to building, including the modernization of HUD programs. The bill also aims to increase first-time homeowners with the expansion of local lending for housing construction and mortgages.

    “For too many Americans, finding an affordable home has become increasingly out of reach,” said American Institute of Architects 2026 President Illya Azaroff, FAIA, in a statement. “This law is an important step toward changing that. Architects are essential partners in creating housing that is safe, resilient and designed to meet the needs of every community. AIA has long advocated for policies that make it easier to build more housing and we will continue working with policymakers and federal agencies to help turn these reforms into homes people can live in.”

    “NAHB applauds Congress and the Trump administration for delivering a bipartisan housing victory for the American people. Strong support in both chambers makes clear that housing affordability is a national priority,” said Bill Owens, chairman of the National Association of Home Builders, in a statement. “By reducing regulatory barriers, helping builders increase supply and expanding opportunities for homeownership and rental housing, this landmark law is an important step toward easing the nation’s housing affordability crisis. We look forward to working with the administration and Congress to implement it.”

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  • D.R. Horton to build nearly 200-home subdivision in Virginia

    D.R. Horton to build nearly 200-home subdivision in Virginia

    D.R. Horton is set to build a 195-home subdivision on a 265-acre lot in Goochland, Va. The homes will average between 3,000 and 4,000 square feet on lots that range from 1 to 5 acres. Goochland supervisors approved plans for the Rural Hill on the James in 2021.

    “They saw that there was a huge shortage of land in the region,” said Long & Foster Real Estate Kyle Yeatman. “D.R. Horton wanted the project the most. They thought that this would probably be the biggest subdivision that Goochland maybe ever approves, so they wanted to get their hands on it.”

    The phased development will consist of four sections, the first of which will consist of 66 homes on smaller lots, served by county water and sewer. Subsequent phases will involve larger lots that will connect to county water and use septic systems.

    Developer and real estate agent Kyle Yeatman said the five years since the board approved zoning for Rural Hill have been spent securing easements around the property, adding land and working with county staff on other aspects of the project. Yeatman said that D.R. Horton will take over the project once it completes its land purchase, which is scheduled to close in July.

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  • Mungo Homes acquires rapidly growing McGuinn Homes

    Mungo Homes acquires rapidly growing McGuinn Homes

    Mungo Homes announced the acquisition of McGuinn Homes, a South Carolina-based homebuilder. In the past three years, McGuinn Homes posted a substantial increase in new home sales from 337 in 2023 to over 1,000 in 2025.

    McGuinn Homes’ presence in  Augusta, Georgia, and Aiken, South Carolina, was a driving factor in this strategic acquisition.

    Mungo Homes is a Clayton Home Building Group builder, owned by larger subsidiary Berkshire Hathaway.

    Berkshire Hathaway also recently acquired homebuilding giant Taylor Morrison in an $8.5 billion deal.  While on a considerably smaller scale, the sale of McGuinn Homes continues the increase of consolidation in the housing industry. Financial terms of the deal were not publicly disclosed.

    “We’re excited to join the Mungo family and continue our commitment to the markets we impact,” said Wade McGuinn, founder and managing shareholder of McGuinn Homes. “Together, we’re well positioned to provide more attainable homeownership opportunities through a shared commitment to customer service and operational excellence.”

    “The addition of McGuinn Homes to the Mungo family reflects our shared values of attainable homeownership, world-class team member experience, and giving back to the people and communities we serve,” said Keith Holdbrooks, chief executive officer of Clayton Home Building Group. “This acquisition allows both teams to come together and expand access to affordable homes in more markets while serving as a united force for good through volunteerism.”

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  • Dream Finders Homes makes fifth bid to acquire Beazer Homes

    Dream Finders Homes makes fifth bid to acquire Beazer Homes

    On July 8, 2026, Dream Finders Homes presented its fifth offer to acquire Beazer Homes. While a merger of the two companies would create the sixth-largest homebuilder in the nation, the Board of Directors at Beazer Homes publicly rejected Dream Finders Homes’ third offer in May.

    The most recent offer values Beazer Homes at  $32.00 per share in cash, a steady increase from its first offer in February at $28.50 per share in cash.

    “Beazer’s actions do not appear to be focused on pursuing a path that can maximize value for shareholders,” said Patrick Zalupski, Dream Finders’ Chairman and CEO. “While we would have preferred to continue our discussions privately, Beazer’s proposed non-disclosure agreement and related restrictions go well beyond what is necessary to protect confidential information. Taken together with Beazer’s past unwillingness to engage, these provisions raise questions about whether the Board is prepared to pursue a transaction that we believe would be in the best interest of Beazer shareholders.”

    “The proposals represent a significant and unwarranted discount to Beazer’s inherent value, and neither recent nor historical industry transactions support such a valuation,” wrote the Beazer Board in its rejection of the offer in May.

    Beazer Homes has yet to comment on this fifth offer.

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  • Celebrating 41 Years of Excellence: Honoring the 2026 Hall of Fame Class

    Celebrating 41 Years of Excellence: Honoring the 2026 Hall of Fame Class

    The California Homebuilding Foundation Hall of Fame has celebrated the men and women whose vision, leadership and unwavering commitment to excellence have shaped the places Californians call home and left a lasting mark on our industry.

    Now in its 41st year, the Hall of Fame proudly recognizes leaders who exemplify the very best of California homebuilding. Their achievements have raised industry standards, strengthened communities and inspired future generations of builders and leaders to carry their legacy forward. We are proud to announce the Hall of Fame Class of 2026—five extraordinary leaders whose careers reflect exceptional achievement, service, and an enduring commitment to our industry and the communities they serve.

    2026 Hall of Fame Inductees


    Patrick R. Fuscoe, P.E. – Fuscoe Engineering, Inc.

    Tom Grable – Tri Pointe Homes

    Glen Martin – Avila Real Estate Capital | Pacific InterWest


    James J. Schmid – Chelsea Investment Corporation


    Mary Teichert – Teichert, Inc.

     

    For more information about the Hall of Fame Class of 2026, to learn more about the program, or to join us in celebrating this milestone event, please visit the California Homebuilding Foundation or contact the Foundation office at jherman@mychf.org.

  • 2026 Gold Nugget Award of Merit honorees announced

    2026 Gold Nugget Award of Merit honorees announced

     

    For 63 years, the Gold Nugget Awards, presented by PCBC, have celebrated the very best in architectural design, planning, development, interiors, marketing and innovation across North America. Recognized as one of the industry’s most prestigious honors, the Gold Nugget Awards showcase the projects, people and companies that are shaping the future of our built environment.

    From an extraordinary field of more than 800 entries, the 2026 competition recognized the year’s most exceptional achievements. Selected by a distinguished Blue-Ribbon panel of industry experts, this year’s Honorees represent the highest level of excellence in their respective categories.

    We proudly congratulate every Honoree on this remarkable achievement. Your vision, talent and dedication continue to inspire our industry and demonstrate what’s possible through exceptional design and innovation.

    The winners will be recognized during the 63rd Annual Gold Nugget Awards Gala, presented by PCBC, on Wednesday, July 29, 2026, at the Gaylord Pacific Resort & Convention Center in Chula Vista, Calif. 

    View the complete list of Honorees at goldnuggetawards.com

     

  • Historic Housing Bill Awaits Signature

    Historic Housing Bill Awaits Signature

    Currently, the 21st Century ROAD to Housing Act sits in front of the President, waiting for a signature. With many revisions, the bill advanced through the House and the Senate with a historic bipartisan effort.  The bill, with over 50 sections, addresses the nation’s housing supply shortage with a drop in regulatory barriers to building and aids in repairing the nation’s aging housing stock.

    The 21st Century ROAD to Housing Act is widely supported throughout the housing industry, with the National Association of Home Builders (NAHB) a key player in shaping the legislation. The bill is also supported by the National Association of REALTORS (NAR), the National League of Cities and other organizations.

    “This is the most significant housing legislation to pass Congress in nearly 20 years,” said Shannon McGahn, NAR executive vice president and chief advocacy officer.  “At a time when affordability remains one of the nation’s greatest challenges, lawmakers came together in a bipartisan way to advance solutions that will help communities build more homes, expand housing opportunities and strengthen pathways to homeownership.”

    After President Trump canceled the signing event, homebuilders are still optimistic that it will pass.

    “Voters are demanding action on housing supply and affordability, and Congress has delivered a historic bill to address their concerns,” said Bill Owens, chairman of NAHB.  “Although there was no bill signing today, we are confident the 21st Century Road to Housing Act will eventually become law.”

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  • Alaska modernizes its legislation on interior designers

    Alaska modernizes its legislation on interior designers

    Alaska passed House Bill (HB) 314, to institute a protected title and regulation for qualified interior designers. The bill also creates a registration pathway for formal recognition through the Board of Architects, Engineers and Land Surveyors.

    The legislation was heavily supported by the American Society of Interior Designers and its Consortium for Interior Design.

    Alaska is now the 31st state to enact reasonable regulation of the profession, following Idaho in March.

    “Today’s action marks an important milestone for Alaska and for the future of the design profession,” said Khoi Vo, president and chief executive officer, ASID. “HB 314 recognizes the education, experience and examination standards that qualified interior designers meet and ensures they can contribute more fully to the design and construction process. This legislation supports public safety, strengthens professional practice and creates new opportunities to serve communities across Alaska.”

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  • Industry legends honored with National Housing Center Awards

    Industry legends honored with National Housing Center Awards

    Several industry leaders were honored for their contributions to the housing industry during the National Housing Center Awards Ceremony on June 13, 2026, in Washington, D.C. The ceremony recognized the 2026 inductees to the National Housing Hall of Fame and the recipients of the Exemplary Service to Home Building Award.

    Thomas Bozzuto and Laurie Goodman were among the National Housing Hall of Fame inductees. Bozzuto redefined the standards for building and managing homes, provided thought leadership on housing policy and has been an advocate for sustainable development. Goodman, who founded the Housing Finance Policy Center at the Urban Institute, spent more than 30 years primarily focused on mortgage market research and analysis.

    The 2026 Exemplary Service to Home Building Award recipients were Marvin “Jerry” Carter Jr. and Edward “Eddie” Martin Jr.

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  • 21st Century ROAD to Housing Act advances to Senate

    21st Century ROAD to Housing Act advances to Senate

    The 21st Century ROAD to Housing Act has reached the Senate. The bill aims to solve the national affordable housing shortage by increasing supply, easing regulatory burdens and modernizing outdated U.S. Department of Housing and Urban Development programs.

    On May 22, 2026, the U.S. House of Representatives approved an amendment to the bill that would have removed a build-to-rent sales provision that would have hurt affordability and reduced much-needed housing supply. The National Association of Home Builders (NAHB) led the push to remove the provision and has been an active supporter of the bill.

    “NAHB congratulates congressional leaders for reaching a bicameral and bipartisan agreement to move forward a final version of the 21st Century Road to Housing Act,” said Bill Owens, NAHB chairman, a home builder and remodeler from Worthington, Ohio. “This landmark legislation would expand housing opportunities for buyers and renters, strengthen homeownership and help tackle the affordability challenges facing communities nationwide. It’s time for Congress to move this historic housing package across the finish line.”

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  • Lennar announces C-suite changes

    Lennar announces C-suite changes

    Lennar, one of the nation’s largest homebuilders, announced two appointments in its C-suite: Jim Parker named Chief Operating Officer and David Grove appointed to Executive Vice President, Homebuilding.

    Parker joined the company in 2018 following its merger with CalAtlantic Homes. Following the merger, he served as a Regional President for the builder. In 2003, Parker founded Parker Chandler Homes and sold the company three years later.

    Grove joined Lennar in 1999 as a Construction Area Manager in Austin. He was then named Division President in 2004 and Regional President for Texas in 2022.

    “Jim and David are tenured, proven Lennar leaders who are energized by the opportunity ahead,” said Stuart Miller, Lennar’s Executive Chairman, Chief Executive Officer and President. “They have consistently delivered strong results for our teams and our business. More than that, they exemplify our core values — building quality homes and delivering more value to our customers, always with the highest level of integrity.”

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  • Connecticut expands building code adoption cycle

    Connecticut expands building code adoption cycle

    On June 9, 2026, Connecticut Governor Ned Lamont signed a bill into law that lays the groundwork to expand the state’s building code adoption cycle to every six years rather than the current three years. Housing affordability was a primary driver of the new law.

    The law calls for the state to pause its adoption of model building codes between the 2024 and 2030 cycles. The current law calls for the state to adopt new building codes within 18 months of their publication.

    The Home Builders & Remodelers Association of Connecticut (HBRA-CT) was instrumental in getting the law passed and providing more stability to home builders in the state. HBRA-CT officials successfully argued that adopting new building codes on a six-year cadence strikes the right balance between the need to keep up with evolving technologies and the ability of all impacted parties to transition to new code requirements. It also allows the industry to accumulate meaningful practical experience with adopted codes before deciding on new changes.

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  • Residential Contractor Magazine: Coming Fall 2026
    ,

    Residential Contractor Magazine: Coming Fall 2026

    Residential Contractor Magazine

    THE PROJECTS. THE PRODUCTS. THE PROS.

    Residential Contractor connects manufacturers with the remodelers, contractors, trades and dealers shaping today’s residential construction market.

    The Fall 2026 issue features the National Deck Competition Winner’s Showcase alongside the products, tools, technology and business solutions driving better, more profitable projects.

    If you are interested in participating please contact fiona@builder.media 

  • Taylor Morrison acquired in $8.5 billion deal

    Taylor Morrison acquired in $8.5 billion deal

    Announced on May 31, 2026, Berkshire Hathaway will acquire homebuilding giant, Taylor Morrison for $8.5 billion. The all-cash transaction values Taylor Morrison at $72.50 per common share.

    This is the first major move from Berkshire Hathaway ‘s new CEO Greg Abel who assumed the role in January. Berkshire Hathaway owns Clayton Homes, the modern manufactured homebuilder, which it acquired in 2003 for $1.7 billion.. 

    There are indications of a consolidation between the two homebuilders. Between Taylor Morrison’s 12,997 closings and Clayton Properties’ 9,953 closings in 2025 would create the fourth largest homebuilder in the United States.

    “We are excited to welcome Taylor Morrison into Berkshire’s portfolio, reflecting our long-standing commitment to housing, exemplified by Clayton Homes and our other building products businesses,” said Abel. “Over time, we expect to unify our site-built homebuilding operations into a combined platform enabling us to deliver the dream of homeownership to more Americans.”

    However, Taylor Morrison’s extremely successful CEO Sheryl Palmer is not going anywhere following this acquisition. Berkshire Hathaway announced the Taylor Morrison team to continue with its existing management, including Palmer. Palmer drove the company to its nationwide strength and growth, going public in 2013 and currently building in 21 markets across 12 states.  Under her tenure, Taylor Morrison’s leadership team boasts a unique point of view, 50% of senior leadership roles are occupied by women, four times the industry standard.

    “Over the last 13 years as a public company, we built a track record of strategic growth—expanding our geographic footprint, integrating acquisitions with discipline and deepening our competitive strengths across procurement, brand and customer experience,” said Palmer. “Berkshire Hathaway’s long-term orientation is uniquely well-suited to the multi-year investment cycle of homebuilding, and this combination will allow us to scale the Taylor Morrison platform in ways that would not be possible as a standalone company.

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  • 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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  • Toll Brothers announces new President and Chief Operating Officer

    Toll Brothers announces new President and Chief Operating Officer

    Toll Brothers, the nation’s largest luxury homebuilder, announced on May 13, 2026, Seth J. Ring will succeed Robert Parahus as President and Chief Operating Officer. Ring will also join the Board of Directors. A 22-year veteran of the company who currently serves as Executive Vice President will begin this role starting June 30, 2026.

    Parahus will continue to work closely with the company as a senior advisor.

    “During his 40 years with Toll Brothers, Rob has been an outstanding leader and business partner,” said Douglas C. Yearley, Jr., Executive Chairman of Toll Brothers. “Rob’s business acumen, unwavering dedication, and trusted guidance have been invaluable to me and the Company over the many years we have worked together. I wish him well in the future as he looks forward to his well-earned retirement. Seth is also a proven leader with over two decades of experience at the Company, and he is the perfect person to succeed Rob in this role.”

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  • Lennar introduces new luxury community Vinova

    Lennar introduces new luxury community Vinova

    Lennar, one of the nation’s leading homebuilders, introduces the grand opening of its new luxury master-planned community, Vinova. Homes in this community range from 2,652 to 3,805 square feet with four to five bedrooms and three-and-a-half to five-and-a-half bathrooms across two upscale collections. The community features elegant design choices, prioritizing indoor-outdoor living, open concept layouts and spa-inspired bathrooms.

    The builder’s distinct design choices are on display in this project, integrating its most popular features into the base price of the home. Lennar’s Vinova features Wolf® stainless-steel kitchen appliances, floor-to-ceiling tiled glass-enclosed showers and freestanding soaking tubs in owner’s suites giving the project a more tailored feel for potential buyers. Pricing at Vinova starts in the $1,400,000s.

    The community is located in one of  Southern California’s most desireable regions, Rancho Cucamonga, balancing accessibility to entertainment, good schools and convenient commutes.

    “Panoramic mountain views, trails right outside your door and sunshine nearly every day of the year are the hallmarks of life in Rancho Cucamonga,” said Mark Torres, Lennar Inland Empire Division President. “At Vinova, Lennar has built a community worthy of that extraordinary setting and one that delivers exceptional value for today’s homebuyer.”

    Photo credit: Lennar

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  • Fed changes leadership

    Fed changes leadership

    The April meeting of the Federal Open Market Committee (FOMC) marked the end of Jerome Powell’s role as Chair of the Federal Reserve System’s (Fed) Board of Governors, bringing his eight-year tenure in that position to a close. Powell will not fully step away from the Fed. Instead, he will continue serving as a member of the Board of Governors after relinquishing the Chair position.

    Powell said that he will remain as a Governor as long as the Justice Department’s probe into the cost of the renovations to the Fed’s headquarters remains active.

    Following the April meeting of the FOMC, the Federal Reserve opted to maintain its current stance, leaving interest rates unchanged. The target for the federal funds rate remains at a top level of 3.75%, where it has stood since December 2025.

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  • Thomas James Homes Appoints New CEO

    Thomas James Homes Appoints New CEO

    Announced this week, Thomas James Homes (TJH), the nation’s largest single-lot homebuilder, appointed Steve Schlageter to Chief Executive Officer. Schlageter joined the company in 2024 as Chief Operating Officer. Previous to his time at TJH, Schlageter spent nearly two decades at PulteGroup as Senior Vice President of Operations and Strategy and Area President of the Northeast Business Unit.

    Schlageter will succeed James Mead, who for five years led the company as President and CEO. In Mead’s tenure he delivered over over 1,400 homes. One of the most important projects being the post-wildfire rebuilding efforts in the Pacific Palisades.

    “Thomas James Homes was built on the idea that homeowners deserve a better, more reliable way to build,” said Schlageter. “What drew me to TJH, and what continues to energize me, is the clarity of that mission and the strength of the platform behind it. As CEO, my job is to scale that promise to more neighborhoods without diluting what makes it work. That means delivering with precision, operating with discipline, and never losing sight of the customer experience at the center of it all.”

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  • Toll Brothers acquires luxury homebuilder Buffington Homes

    Toll Brothers acquires luxury homebuilder Buffington Homes

    Toll Brothers, the nation’s leading luxury homebuilder, announced that it has signed a definitive agreement to acquire substantially all the assets of Buffington Homes of Arkansas. The acquisition will establish a strong presence for the builder in the Fayetteville/Bentonville market and expand its footprint in northwest Arkansas. The transaction is expected to close in the Company’s third quarter.

    Buffington Homes is the largest luxury home builder in northwest Arkansas. Buffington Homes currently owns or controls over 1,500 lots in the northwest Arkansas market with nine active selling/coming soon communities.

    “We are excited to be entering the vibrant and growing Fayetteville/Bentonville market, further expanding the geographic footprint of our luxury home building operations across the country,” said Karl K. Mistry, Chief Executive Officer of Toll Brothers. “Buffington Homes is the leading luxury home builder in this market with exceptional communities, strong financial performance, and a reputation for quality. We look forward to leveraging their team’s local expertise and strong land position in northwest Arkansas while adding value and scale to successfully grow the business into the future.”

    With this acquisition of Buffington Homes, Toll Brothers will have completed 16 home builder acquisitions since 1995.

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