More modular? Dvele secures $15M to power up robotic construction

Dvele has an array of home styles available from the 3,523-square-foot Trinity to the 888-square-foot Angora Modern Cottage. All customization for each floor plan is done via its web-based ordering system, which will be expanded by the most recent fund… Continue reading

As buyers balk, some homebuilders dread the months to come

Builder sentiment dropped at the second-fastest pace of the last two decades as some home construction companies have begun to cut costs. Continue reading

More than half of homebuilders report cancellation increase in June

In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first set in during March of 2020. Continue reading

Sales declines, price drops and the return of buyer incentives: Oh my!

It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey. Continue reading

Revive releases app to help sellers, agents manage pre-sale renovations

The app, called Revive Home, allows all parties involved in the renovations to communicate via direct chat, insert renovation updates and store critical documents on both major mobile operating systems. Continue reading

Buyers shift gaze to unstarted builds as new home sales drop

Homebuilders sold more unstarted homes in February, but these gains were more than offset by a decline in sales for homes under construction, according to the U.S. Census Bureau. Continue reading

‘It’s a hopeful sign’: Builders forge ahead on new home starts

Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the U.S. Census Bureau. Continue reading

Pending home sales take a hit in September: NAR

Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said. Continue reading

Prices for home construction materials dip for first time in 2021

Builders got a break in August from the price increases of previous months, but the unpredictable swings in costs remained unwelcome. Continue reading