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  • Texas housing market strengthens in first half of 2026

    Texas housing market strengthens in first half of 2026

    Texas housing market activity strengthened through the first half of 2026, with closed sales outpacing last year’s levels. This suggests that underlying housing demand remains resilient despite ongoing economic headwinds and persistent affordability constraints. Sales gains have been consistent statewide, suggesting that buyers are adapting to current mortgage rates while benefiting from more stable inventory conditions and greater choice.

    Pricing trends also point to a gradually improving market environment in Texas. While home prices remain below year-ago levels, the pace of decline has continued to ease.

    As the peak home buying season comes to a close, continued improvement in inflation readings should help support market stability by reducing the likelihood of a policy rate increase.

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  • Prime land prices rise, outlying land readjusts

    Prime land prices rise, outlying land readjusts

    Well-located land is in high demand, as seen in research from John Burns Research and Consulting (JBREC). The company’s 2Q26 Residential Land Survey of the top land brokers nationwide reported the following: Demand remains lower than it was a few years ago. In 2Q24, 76% of brokers rated land demand as Hot or On Fire, but by 2Q26, that number decreased to 33%. However, finished lot prices continue to rise in high-quality A-B locations, up +5% year over year (YOY), while prices fell -2% YOY in farther-out C-D locations.

    Higher-quality land is in higher demand, but there are still factors builders and developers should keep an eye on. Developers are encouraged to look out for easing growth. Meanwhile, builders may be able to push for better terms in negotiations with developers in some markets, particularly in oversupplied C-D areas.

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  • Why you shouldn’t miss our upcoming webinar

    Why you shouldn’t miss our upcoming webinar

    In today’s shifting housing market, builders, architects and design-build firms face a shared strategic challenge: expanding project margins and revenue without overextending operational capacity. The solution increasingly lies in targeted, high-margin residential interventions—most notably specialized bathroom design and remodeling. Driven by surging demand for universal design, barrier-free living and aging-in-place functionality, bath renovations offer fast project turnarounds, reliable profitability and high-impact value.

    Yet integrating or expanding specialized bath remodeling within a design or construction practice without a standardized framework can introduce scope creep, specification friction and costly execution errors. To bridge this gap, Bestbath is hosting an industry Lunch & Learn webinar, Building Your Bathroom Remodel Business, on Oct. 8, 2026.

    Industry experts Michael Lunt of Bestbath and licensed contractor Blake Watson of Age-Proof Homes detail the practical mechanics of the trade. Participants will evaluate emerging macro trends, assess exact operational requirements and master field-proven strategies to leverage existing licenses, design teams and site crews without investing in new capital equipment.

    For architects and builders seeking to capture lucrative market demand while safeguarding core operations, this session delivers an authoritative blueprint for sustainable business growth.

    Register for the webinar now

  • Mortgage rates hold steady

    Mortgage rates hold steady

    Results from Freddie Mac’s Primary Mortgage Market Survey revealed that the 30-year fixed-rate mortgage (FRM) averaged 6.66% on Aug. 27, 2026. This is the second time in August that mortgage rates have averaged 6.66%. Mortgage rates remain relatively unchanged throughout the month, holding steady.

    “Mortgage rates changed little this week, averaging 6.66%,” said Sam Khater, Freddie Mac’s Chief Economist. “The economy remains resilient, demonstrated by steady consumer spending and rising household incomes. More homes coming on the market and slower price growth in many areas are giving buyers better options and helping create a more balanced housing market.”

    The current FRM is slightly up from last week’s average of 6.65%. A year ago at this time, the 30-year FRM averaged 6.56%. The 15-year FRM averaged 5.98%, up from last week when it averaged 5.95%. A year ago at this time, the 15-year FRM averaged 5.69%.

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  • Reaching the Gold Standard

    Reaching the Gold Standard

     Combining bespoke design with efficiency, Promontory HOMES takes mountain living to new heights “We are seeing that clients have a…

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