Luxury Builder Says These are the 5 Things His Customers Want
The high end of the building market has its own set of demands says the “Billionaire’s Builder.”
Builders Group Asks for Tariff Relief
The National Association of Home Builders is lobbying the Trump administration for tariff exemptions on building materials. With the uncertainties surrounding the tariff situation in the wake of the Supreme Court ruling negating many duties under the International Emergency Economic Powers Act (IEEPA), the NAHB wants more permanent exemptions for building materials. Bill Owens, NAHB […]
Lowe’s Expands $250 Million Investment in Tradespeople Training
The goal for the program is to train 250,000 people to work in the building trade by the year 2035. Working through its foundation, the new Lowe’s initiative is building on earlier efforts by the giant retailer to train 50,000 people. The initial investment was for $50 million in 2023 and so far, it has […]
Here Are the Best ROI Home Improvement Projects
Homeowners are focused on which home jobs will give them the best bang for the buck: the trade should be doing the same thing. Home improvement projects run the gamut from quick fixes to full-blown remodels but a new survey from Ace Handyman Services found that certain ones give homeowners the best return on their […]
QXO Looking to Hit $50 Billion Mark in Next Few Years
After a big acquisition year, the giant distributor looks to grow through both new deals and internal expansion. Speaking recently at the Economic Club of New York, company founder Brad Jacobs said that QXO’s acquisition earlier this year of Beacon Roofing Supply was just the first step in his goal to take the company to […]
Lot Supplies Hit Five-Year High but Still Off Historical Levels
New data shows the supply of building lots in the second quarter of the year was up 20.6 percent over a year ago. Zonda’s New Home Lot Supply Index reported its fourth consecutive quarterly increase but the research firm said the market remains “significantly undersupplied,” a condition that has prevailed since 2017. The LSI tracks […]
California Reverses Itself, Exempting Projects from Eco Law
In a stunning turnaround in a state with some of the strictest environmental laws in the country, many construction projects will now be excluded from protectionist laws. The YIMBY — Yes In My Back Yard — faction has won a major victory in the country’s most populous state with the signing into law by Gov. […]
Construction Backlog at Highest Level in Nearly Two Years
New findings from the Associated Builders and Contractors show a significant increase for both large and small contractors. The housing slowdown and looming impacts to cost increases due to pending tariffs remain but right now the backlog remains strong, the association said in a survey taken in the period of late April to early May. It […]
Taylor Morrison and Tri Pointe Top the Most Trusted Builder Rankings
It’s ten years in a row for Taylor Morrison according to Lifestory Research’s annual America’s Most Trust Home Builder Study. The rankings are based on input from nearly 67,000 consumers who were asked to judge builders on several criteria, including trustworthiness, quality, positive word of mouth, overall impression, perceptions of quality and likelihood to recommend. […]
Are Lumber Prices Stabilizing as 2025 Approaches?
New data suggests that pricing for lumber will be more predictable giving builders more confidence in pricing. Madison’s Lumber Reporter, the well-regarded source for pricing information, is forecasting more stability going forward for lumber producers and end-users. “Given that the macroeconomic indicators and specific factors affecting the lumber industry last year are well known,” Keta […]