Tag Archives: homebuilders

Buyers turn to the resale market as builders abandon price cuts

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Rising existing-home inventory is thwarting homebuilders, who are now slowing permits and starts — and backing off from hefty incentives. Continue reading →

Trump tariff policy has soured Canadian interest in US properties

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Canadians are losing interest in U.S. real estate, according to Redfin’s latest market report. The share of Canadians searching for U.S. properties declined 19.5 percent year over year in August, extending a six-month trend that started when President … Continue reading →

Homebuilders cry ‘uncle’ as duties on Canadian lumber hit 27%

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NAHB urges Trump administration to negotiate new softwood lumber agreement with Canada “that will provide a fair and equitable solution to all parties and eliminate tariffs altogether.” Continue reading →

Single-family permits and starts reach 11-month low in June

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Negative homebuyer and homebuilder sentiment matched with growing economic uncertainty to stifle new construction in June, with single-family permits, starts and completions taking the biggest hit. Continue reading →

KB Home to build first wildfire-resistant community in SoCal

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KB Home, one of the largest U.S. homebuilders, is breaking new ground with Southern California’s first wildfire-resilient new-home community, the company announced Thursday. The community is a game changer for homebuyers seeking safety in fire-prone ar… Continue reading →

New-home sales rebound in February after winter weather bout

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Sales of new single-family homes hit a seasonally adjusted annual rate of 676,000 in February — an uptick of 5.1 percent — and roughly met economists’ expectations, according to data released Tuesday. Continue reading →

Housing market bubble ready to ‘pop’ in the South, analyst warns

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Nashville-based analyst Nick Gerli sparked a social media firestorm with claims of a bubble. But economists dismissed fears, saying the area is home to some of the ‘most normalized’ markets in the country. Continue reading →

Housing starts leap in February as homebuilders become optimistic

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Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released Tuesday by the U.S. Census Bureau. Continue reading →

US housing market is short 7.2M single-family homes: Realtor.com

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The US housing market is short 7.2 million homes, according to Realtor.com’s latest housing market analysis. Nearly 18 million households have been formed over the past decade; however, only 10 million single-family homes were constructed during the sa… Continue reading →

New-home sales off to a roaring start with record January bump

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Loan applications for new-home purchases were up 19 percent from a year ago in January, according to an MBA survey of builders that’s been an accurate predictor of trends. Continue reading →