Canadian homebuilder Glenview Homes, based in Ottawa, announced that it will enter the United States market with a new Texas division. Homebuilding operations and business veteran Blake Roberts will head up the newly formed division. Operations will begin in Houston, but Glenview Homes’ strategy calls for expansion into other Texas markets and potentially other states […]
Canadian homebuilder Glenview Homes expands into Texas Read More »
For US homebuilders, the Iran war dashed what little optimism they had left for this earnings season. Processing Content Developers including D.R. Horton Inc., Lennar Corp. and KB Home all missed expectations last quarter and estimates suggest both sales and earnings have fallen further as conflict in the Middle East unsettled buyers and raised costs.
Homebuilders set for another ‘lost’ earnings season Read More »
Tri Pointe Homes shareholders overwhelmingly voted to approved the previously announced merger with Japanese firm Sumitomo Forestry during a special meeting of stockholders held on Thursday. While the deal is not yet finalized, the acquisition is expected to close sometime during the second quarter, according to the initial merger announcement. Sumitomo Forestry confirmed the vote
Tri Pointe Homes shareholders approve merger with Sumitomo Forestry Read More »
The U.S. housing market is chronically underbuilt, resulting in a decades-long shortage. Burdensome regulations take part of the blame, but they are not the only cause. A new report from the Federal Reserve Bank of St. Louis indicates that regulations are just one piece of the puzzle. Labor shortages, land constraints, and rising building, borrowing
America’s housing shortage stems from more than overregulation, Fed report finds Read More »
A new survey indicates that residential contractors and remodelers began the second quarter on an optimistic note, but economic uncertainty driven by the war in Iran could complicate the picture. The Houzz Q2 2026 U.S. Houzz Pro Industry Barometer, a survey conducted between March 17 and April 6, found that construction and design pros expect
Construction pros see spring rebound despite economic uncertainty Read More »
US homebuilders’ confidence fell to a seven-month low in April as the Iran war pushed up mortgage rates and materials costs at the start of the spring selling season. Processing Content An index of market conditions from the National Association of Home Builders and Wells Fargo declined four points to 34, according to data out
Homebuilder sentiment falls to seven-month low Read More »
New-home purchase originations surged in March, waving off wartime macroeconomic concerns to set a record high, even as signs of a construction slowdown emerged. Processing Content Applications for newly purchased homes accelerated 11% year over year, according to the Mortgage Bankers Association’s monthly builders survey. Compared to February’s more subdued activity, volumes popped upward by
New-home purchase applications hit record high in March Read More »
In an industry that is not known for bold marketing, Taylor Morrison is looking to set itself apart with an out-of-the-box collaboration featuring Liquid Death. The homebuilder and popular beverage company recently announced that they are collaborating to give away a Taylor Morrison house to one lucky winner. To garner headlines and attention, the prize
A look at Taylor Morrison’s eye-catching marketing campaign Read More »
Amid the growing presence of Japanese capital in American homebuilding, Osaka-based Hankyu Hanshin Properties Corp. (HHP), a leading Japanese developer, recently expanded its operations in the United States via a joint venture with Dallas-based Bridge Tower Homes. The two parties announced a joint venture in January, and earlier this month, they broke ground on the
Texas builder breaks ground on first community with Japanese firm Read More »
For Virginia state Sen. Jeremy McPike, the third attempt was the charm for a bill that lets municipalities rezone to encourage affordable housing. It just took a new governor. Gov. Abigail Spanberger signed into law this week a measure giving every city and county in Virginia the authority to adopt an affordable housing program, marking
Virginia cities gain new tools to increase affordable housing supply Read More »