Homebuilders

Lennar profit drops 56% amid rates, Iran uncertainty

Lennar’s management is working through the various challenges facing homebuilders: not just the Iran conflict, but also the antipathy against institution investor purchasers. Processing Content In its first fiscal quarter, which ended on Feb. 28, Lennar earned $229 million, less than half of the $520 million it made for the same period in 2025. The […]

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CrossCountry invests in builders with new division

CrossCountry Mortgage announced Thursday a significant investment in its newly formed builder division. Processing Content The lender did not disclose the size of the investment, but it reinforced CrossCountry’s commitment to the homebuilder market, the company said. The division will offer a comprehensive suite of residential lending programs and commercial lending solutions, such as builder

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Can innovation, policy reform redeem manufactured housing’s image?

What realistic, visionary, and wise players in the U.S. housing sector believe is that some solutions are already here, hidden in plain sight. Part of the problem is that what often hides those solutions from view is a past history, baggage or a whiff of negative reputation. Manufactured housing is among them. And, because of

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Builders push back on 7-year build-to-rent selloff rule in ROAD Act

Several trade groups usually supportive of efforts to increase housing inventory are taking exception to new homebuilding language added to a federal bill currently under Senate consideration. Processing Content Lawmakers added a provision in the 21st Century ROAD to Housing Act that will require large institutional investors purchasing build-to-rent properties to sell units they purchase

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Builders started 2026 with margin pressure, then came Iran war risk

Making less money but making steady headway may be a crude way to boil down what early 2026 was looking like for many homebuilding business leaders. Public homebuilder execs were not discussing a plain-and-simple “recovery trade.” The most consistent post-earnings themes – across demand, pricing, margins and capital strategy – indicated a market that is

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New eXp division bridges homebuilder-brokerage service gap

eXp Realty has announced the launch of eXp New Homes, a specialized division designed to help agents expand into the new construction market — from boutique urban developments to large master-planned communities. The division aims to bridge the gap between traditional brokerage services and the specialized needs of developers. By providing education, tools and resources

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NAHB data maps modest housing affordability gains in 2025

The National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index, released on Thursday, indicates that housing affordability slightly improved in 2025 as new home prices decreased nationwide and mortgage rates steadily declined during the second half of the year.  The quarterly index shows that the average family needed to spend 34% of their

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PulteGroup partners with SitecoreAI to bolster its marketing strategy

PulteGroup this week agreed to join the ranks of homebuilding enterprises that have adopted SitecoreAI, integrating the omnichannel digital content marketing platform into its marketing, sales and CRM tech stack to improve homebuying digital user experience.  SitecoreAI – used by global consumer marketers across a diverse array of business sectors – enables homebuilders to centralize

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Which markets had the highest demand for renovation loans?

Lenders may find outsized demand for renovation loans in the nation’s smaller housing markets.  Processing Content Residents in states like New Hampshire and Rhode Island applied for more remodeling and home improvement loans per capita in 2024 than those in California and Texas, according to a National Association of Home Builders analysis. The trade group,

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What war risk could mean for builders, rates and spring demand in 2026

Nature abhors a vacuum and does something about it. Homebuilders, their business and channel partners, their investors and lenders and their customers abhor uncertainty. But what can and will they do about it? Other than brace for more bumps. More air pockets. More “buying” of sales rather than selling of American households on houses that

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