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KB Home opens new wildfire-resilient community in NorCal hills

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In the foothills of California’s Sierra Nevada mountains, KB Home has unveiled a fire-resilient new-home subdivision designed and engineered to protect homeowners, buffer neighboring communities and potentially lower property insurance rates.  The homebuilder opened its model home and began selling homes in its 24-lot Stone Canyon community, 30 miles east of Sacramento in the fire-prone […]

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Manufactured housing gains traction, but negative stigma persists

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As the housing market prices out more and more Americans, federal lawmakers are taking a closer look at manufactured housing as a more affordable supply-side alternative to a traditional stick-built home. Nevertheless, misconceptions about new manufactured housing communities — that they are dilapidated, ugly, or unsafe — continue to beleaguer a segment of the single-family,

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Homebuilder confidence dips in January despite easing mortgage rates

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Homebuilding executives are starting the new year with a downbeat view of the housing market, as buyer hesitancy, shaky consumer confidence, shrinking profit margins and elevated incentives weigh on the industry.  The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence gauge remained negative with a reading of 37, falling two

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Housing starts fall to lowest point since 2020, led by a stall in the Sun Belt

Construction, homebuilder, Homebuilders, Housing Starts, Leadership, The Builder's Daily /

Residential construction fell to its lowest point since May 2020, according to an October U.S. Census Bureau report that was delayed by last year’s government shutdown. Widening air pockets of demand over the past year led to an overbuild of speculative homebuilder inventory in — formerly booming — Sun Belt and Mountain West markets. Builders

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Under pressure, public homebuilders rebrand or mute DEI stance

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Companies across all industries, including homebuilding, have walked back their DEI rhetoric or reduced their public disclosures of diversity, equity, and inclusion programs over the last year. The retreat stands as a signal that activist investors and federal pressure are having an impact on such initiatives.       Homebuilders navigating this issue tread a delicate path. They

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Homebuilder confidence ticks up but remains low

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Homebuilding executives remain downbeat, citing a range of current conditions marked by buyer hesitancy, economic uncertainty, shrinking profit margins, increased use of incentives, and high costs. However, homebuilders whose primary focus is the strained entry-level buyer segment face the biggest hurdles.  The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence

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Toll Brothers leans on luxury to navigate homebuilding’s headwinds

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For Toll Brothers, whose enviable core customers are ones whose financial wherewithal effectively shields them from worries about high prices and high interest rates, the question is not “can they buy?” It’s will they? And will they buy now? “America’s Luxury Homebuilder” continues to rely on its move-up, active adult, and luxury segments — and

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As rural housing costs soar, financing affordable housing remains a hurdle

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America’s housing affordability crisis is an equal-opportunity phenomenon. Nowhere is this more painfully clear than in the nation’s rural communities, which quietly confront a deepening affordability gap. Financing challenges unique to rural areas pursuing affordable housing development exacerbate a growing imbalance. A new Redfin study notes that home prices in rural communities have increased faster

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California infill builder turns idle lots into housing in land-constrained coastal markets

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Coastal California, with its high property costs, unique geography, and acute local political and physical land-use constraints, presents among the most challenging market dynamics for homebuilding. Amid these difficulties, there are also opportunities to repurpose underutilized land in innovative ways.  Converting parcels that are hard to entitle and develop is a homebuilding secret-sauce skillset, capable

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Are mortgage buydowns a lifeline or a risk for new homebuyers?

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The debate over the large builders’ elevated use of mortgage buydowns — and the potential risks to buyers — isn’t new. Reigniting the argument, a recent report from the American Enterprise Institute (AEI) asserts that mortgage buydowns among the large builders are artificially inflating new home prices, therefore creating a risk for buyers in the

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