Modular and panelized construction – often positioned as a tool to expand the supply of affordable housing – is also gaining traction in the luxury, custom homebuilding market. At The SHIFT, a placemaking conference hosted by Tavistock Development Company earlier this month in Orlando, Florida, Plant Prefab Founder and CEO Steve Glenn said off-site methods […]
Why modular construction fits high-cost custom markets Read More »
Let me say something that might make a few developers roll their eyes so hard they pull a muscle. Housing needs a fifth place. Not another splash pad. Not another pickleball court. Not another “resort-style amenity center” with furniture nobody uses. A fifth place. Here’s a quick tutorial on Ray Oldenburg’s framework. The first place
Housing needs a fifth place. It’s how builders design belonging Read More »
Deltec Homes, an Asheville, North Carolina-based builder of prefabricated, round houses, says its designs can withstand the extreme wind loads associated with a Category 5 hurricane. CEO Meg Gore said the company’s circular footprint and roof system reduce pressure points that can lead to structural failure in high-wind events. “Round really works with nature, instead
Why these round homes are resilient to hurricanes Read More »
Before Daiwa House Industry unveils its 8th Medium-Term Management Plan this May, the globally integrated real estate giant has already achieved – and possibly surpassed – the goals of its previous 10-year U.S. expansion plan. With Trumark Homes’ acquisition of Washington-based JK Monarch, Daiwa House’s U.S. homebuilding platform now spans cohesively across the country’s busiest
Daiwa House deal adds Washington foothold as Trumark buys JK Monarch Read More »
After seeing an uptick in sales last year, the nationwide new home market experienced a sharp drop in new home sales activity in January, according to the U.S. Census Bureau’s New Residential Sales report released on Thursday. Economists say that this could be a momentary drop due to extreme weather conditions, or that the sales
January new home sales fall 17.6%, weather and rates in focus Read More »
Builders FirstSource‘s decade-long strategic jag has expanded the construction giant beyond its traditional role as a building materials supplier, pitching itself as a full-service partner that can support homebuilders with planning, procurement, delivery, installation and digital project management. In a one-on-one interview with The Builder’s Daily, CEO Peter Jackson said the company’s acquisition strategy and technology
BFS CEO Jackson maps a bigger role in homebuilding workflows Read More »
There was less interest in buying a newly constructed home last month, as macroeconomic uncertainty squashed a recent market rally. Processing Content New home purchase applications for February were up 0.9% from the same time last year, but down 1% from January, the Mortgage Bankers Association reported Thursday. The tepid Builder Application Survey results follow
Fewer buyers are interested in newly built homes Read More »
Dozens of innovative companies have sprung up over the past 15 years, each vowing to revolutionize home building. Many haven’t, don’t, and won’t make it through the “early-stage” gauntlet of A, B, and C series capital raises, where they can pay off their debt, cover their bills and sustainably generate net earnings from their operations.
How FrameTec plans to cut build-cycle times and reduce waste Read More »
A new federal executive order from President Trump related to “removing regulatory barriers to home construction” aims to increase affordable inventory through broad deregulation. Processing Content The Federal Housing Finance Agency and the Department of Housing and Urban Development are among several public entities the order directs to take a series of steps to that
Trump building order targets supply-side constraints Read More »
Uncertainty, margin compression and the gut-check math of affordability are the givens of a new-home market impatiently waiting for relief on at least one of those three fronts. Most public homebuilders – facing this indefinite limbo – are doing the same thing: slowing down. Production starts are throttling down. Spec inventory is being sold down.
Contrarian Smith Douglas leans into its system, goes for market share Read More »