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The newly established non-profit organization, She Built Foundation, encourages and inspires girls to take up building and construction careers The She Built Foundation, a newly established nonprofit organization, is thrilled to announce its ...
Zonda chief economist Ali Wolf’s top 3 things to watch as the weather warms and buyers emerge from hibernation. With the Super Bowl behind us, it’s time get ready for the spring selling season. Traditionally, the months following the big game ...
Texas Builder Acquires Middle Tennessee-Based Counterpart in Latest Transaction The Jones Company, a Nashville-based homebuilder, has been acquired by CastleRock Communities, a Daiwa House US homebuilder based in Houston, Texas. Ranked ...
Low pandemic-era interest rates sparked a real estate boom across Canada, including in the pre-construction market, but with an increasing number of homebuyers having trouble closing, one expert explains how a "double whammy" of factors(opens in a new ...
Interest rates will continue to dictate the outcome of Canada’s housing market in 2024 with the first and second halves showing different pictures. We expect slow activity and softer prices to persist in the early part of the year as the Bank of Canada ...
Builders ride falling mortgage rates to an increase in builder sentiment For the second consecutive month, homebuilders have become more optimistic. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) ...
Here are the top five homebuilding industry trends to watch for in 2024: Growth in New Construction While interest rates have had a big impact on the demand for new construction, we expect to see growth in our industry in the coming ...
The demographic group, representing 21% of the U.S. population, is set to become an important part of the housing market equation in the coming years Gen Z individuals are set to become a more important part of the housing market equation. ...
Zonda's Advisory team shares which master plans had the most sales last year and their biggest drivers With 2023 in the rear view, the Zonda Advisory team, including chief advisory officer Tim Sullivan and principal Mollie Carmichael, ...
The increasing share of FHA loans is a signal that first-time buyers are able to access the housing market, according to the Mortgage Bankers Association. Mortgage applications for new-home purchases increased 21.8% compared with a year ...
What we learned in 2023 In 2023, housing costs became increasingly difficult for many Canadians. This was a common problem that CMHC recognized and wanted to understand better. We investigated the challenges within the ever-changing housing ...
NAR unveils hotspots for housing demand The US housing market is poised for growth in 2024 as mortgage rates decline and income increases, according to the National Association of Realtors (NAR). NAR chief economist Lawrence Yun projected ...
Realtors see home prices regaining pandemic peaks once Canadians accept the 'new normal' in borrowing rates Home prices should climb back to pandemic peaks by this time next year, says a new report that surveyed real estate brokers across ...
The United States has long had an affordable housing crisis, but it’s been exacerbated as of late by a surge in mortgage interest rates and low inventory. The problem is especially acute for lower-income families. One Portland, Maine-based ...
Two interwoven questions around every conceivable detail of their operations keep people in this business up at night and hyper-focused by day. How much does it cost? And, how long does it take? Are "vibeflation" and a "vibecession" real ...
While it’s no news that California has had a housing shortage for over half a century now, home builders in the Central Valley have been staying busy putting up houses. This week’s list of Residential Building Permits in Fresno, Kings, Madera and Tulare ...
New Home Co. today announced its expansion into Texas with the acquisition of Hamilton Thomas Homes, a privately owned business that operates in the Houston and Austin markets. Hamilton Thomas was founded in 2021 and is currently led by veteran homebuilding ...
A new report looks ahead at Canadian housing in 2024, and forecasts softer sales and prices across all major markets, as well as a drop-off in homebuilding activity. Though it seems more than likely that the Bank of Canada (BoC) is done ...
A combination of high mortgage rates and high prices are discouraging first-time buyers and making cash purchases for affluent buyers a more attractive option The share of all-cash home purchases is on the rise and reached its highest level ...
To make sure their offerings get seen by a shrinking pool of potential buyers, residential builders have started to put more effort into advertising and promotions Walking along Toronto's Strachan Avenue at any point over the past few ...