Why Old U.S. Homes Are a Big Opportunity for the Building Trade
A new report says the typical home in the country is 44 years old and needs “tons of work.” As new home construction continues to stagnate and offer fewer opportunities for builders, contractors and others in the trade, the stock of aging homes in America could be a big source of projects as we advance. […]
What More Rental Homes Mean for Builders
With the housing market continuing to shrink, more people are renting. Here’s what it means for builders, contractors and product makers. With the typical age of first-time homebuyers at an all-time high of 40 last year and the share of first-time buyers contracting by 50 percent since 2007, it continues to mean more Americans are […]
Japanese Giant Buying Up US Home Builders
Sumitomo Forestry’s latest acquisition is Tri Pointe Homes which it agreed to buy for $4.5 Billion. The Japanese firm, which traces its roots back to its original logging business started in 1691, paid a 29 percent premium for Tri Pointe. Publicly traded Tri Pointe Homes sold more than 6,400 units in 2024 and it’s just […]
‘Tepid Growth’ in Housing Market as 2025 Numbers Finalize
We’re still not seeing major gains but the November 2025 numbers from an important Index are encouraging. Home prices across the country increased 1.4 percent in November according to the latest Case-Shiller US National Home Price NSA Index, considered one of the most prestigious rating services in the business. “November’s results confirm that the housing […]
Is 2026 the Year of ‘The Great Housing Reset?’
As we start the new year, hopes are high for a rebound in the housing market. The reality could be different. Redfin, the online real estate service, is calling 2026 “The Great Housing Reset,” describing it as the start of a “new era” for home building and homeowners alike. CNN, in pulling together a cross-section […]
The Housing Market Remains in Record Slump
With home turnover at its lowest rate in 30 years and first-time buyers at historic lows, builders continue to deal with a dismal market. No matter what numbers you check, the U.S. home building market is at levels builders haven’t seen in decades – or ever. New statistics released over the past few weeks continue […]
D.R. Horton Buys SK in Latest Builder Consolidation
The nation’s largest home builder gets a bigger foothold in the growing southeastern region of the country. The deal gives Horton, which is based in Arlington, TX and has built over one million homes since being founded in 1978, access to more than 1,900 home building sites that SK owns or has options on. SK […]
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 […]
Floor & Decor Partners with Habitat for Humanity
The nationwide flooring chain is connecting with the organization to support its home-building efforts around the country. The new partnership has already resulted in the retailer donating more than $300,000 in flooring, tile and installation materials to over 60 local Habitat affiliates just this year so far, supporting more than 80 communities across the United […]
He Was the Most Famous Builder Ever in American Residential Construction
A new book on the man behind Levittown shows how William Levitt changed the way the country builds new homes. Over a career spanning decades and stretching from the former potato fields on Long Island to as far away as France, William Levitt claims to have built 140,000 new homes, becoming the Henry Ford of […]