Florida housing market hits record inventory, Redfin says

Florida wrapped up the first month of the year with a record-breaking number of homes for sale, according to Redfin’s latest data analysis. At the end of January, there were 172,209 homes on the market, the most Florida has ever seen. That’s a 22.7 per… Continue reading

Higharc’s AI seeks to pick up the pace of home construction

Roughly a year after securing $53 million in a Series B round of funding, Higharc has delivered an AI upgrade to its homebuilding software. Continue reading

Housing starts inch up in July as builders scramble to meet demand

Housing starts increased 3.9 percent between June and July to a seasonally adjusted annual rate of 1.45 million units, according to data released Tuesday by the U.S. Census Bureau. Continue reading

There’s a ‘magic number’ that moves homes. Will we ever hit it?

Homebuyers have been holding out for a 5.5 percent rate, Maegan Sherlock told Intel. It may take a while for them to adjust their expectations. Continue reading

America’s highest-volume broker on a real estate market in flux

The founder of the HomesUSA platform tells Intel how he became the nation’s highest-volume broker — and what metrics he tracks each month. Continue reading

The markets real estate investors are fleeing amid the housing slump

Despite economic turmoil, investors large and small are still a force to be reckoned with in the housing market. Intel broke down the cities they’ve soured on — and the ones they just can’t quit. Continue reading

Construction platform Welcome Homes secures $29M Series A round

Era Ventures led the funding round for New York-based Welcome Homes, an online home construction platform that elevates the design and buy process of new property construction. Continue reading

Meet Max, the first robotic 3D printer to earn NAHB membership

Alternative homebuilding remains a small section of the market, but everything from cost challenges to worker shortages within the traditional model suggest there’s ample room for automation technologies to change how homes are built. Continue reading

Nearly half of new-home buyers in the Southwest are backing out

Builders have seen cancellation rates spike this year as buyers now struggle to afford the homes they signed up for months ago, according to data from John Burns Real Estate Consulting. Continue reading

After stable stretch, lumber’s roller coaster ride scales yet another hill

Lumber futures were trading at $454 per thousand board feet Monday after ascending to $539 per thousand board feet the week earlier, according to numbers tracked at Nasdaq.com. Continue reading