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

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

Shamed developer withdraws floor plans ‘honoring’ Tubman, Frank

Albuquerque-based homebuilder Abrazo Homes drew the ire of social media users over the weekend for their floor plans named after Harriet Tubman and Anne Frank. The builder has edited the descriptions to remove historical facts about the women’s lives. Continue reading

Funding on aisle 5: Home Depot Ventures backs Higharc

Higharc, which offers an enterprise-level homebuilding visualization and business operations solution, has received a $15 million investment from a trio of notable innovation backers headlined by Home Depot Ventures, the venture capital initiative of t… Continue reading

Builder hiring ramps up while real estate brokerages keep pace

Builders and residential contractors added nearly 60,000 jobs in June — about 11,000 more than expected for this time of year, according to data released Friday by the Bureau of Labor Statistics. 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

New-home construction creeps upward from lower perch in March

Builders pushed forward with more new single-family projects for the second month in a row, but remained far less active than last year, according to data released Tuesday by the U.S. Census Bureau. 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

Gary Keller: The current market is ‘the most confusing I’ve ever seen’

At Keller Williams’ annual Mega Camp conference, founder Gary Keller prepared agents for a rough 2023 as slowing home sales and other economic factors push everyone to the brink. Continue reading

Builder sentiment falls again in face of rising interest rates

Builder confidence dropped two points to 77 as builders contend with rising interest rates and costs, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Monday. Continue reading

Residential construction spending rises for fifth-consecutive month

The steady increase has occurred despite widespread supply shortages, tight labor markets, rising inflation and the volatile cost of wood, according to National Association of Home Builders. Continue reading