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Residential Real Estate

Daiwa House deal adds Washington foothold as Trumark buys JK Monarch

Daiwa House deal adds Washington foothold as Trumark buys JK Monarch

Homebuilders, Leadership, Mergers and Acquisitions, Residential Real Estate, The Builder's Daily /

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 […]

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January new home sales fall 17.6%, weather and rates in focus

Homebuilders, Marketing & Sales, New Home Sales, Residential Real Estate, The Builder's Daily /

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

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Spanberger’s Virginia housing agenda falls short on local pushback

Affordability, Affordable housing, Policy, Residential Real Estate, The Builder's Daily, Zoning /

New Virginia Gov. Abigail Spanberger’s first-year housing agenda delivered new money and new tools for affordable housing preservation, but it fell short on the package’s biggest supply-side proposal: a statewide push to allow multifamily housing by right in many commercially zoned areas. A pair of bills would have required local zoning codes to allow multifamily

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Contrarian Smith Douglas leans into its system, goes for market share

Earnings, Homebuilders, Leadership, Residential Real Estate, The Builder's Daily /

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.

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

Construction, Homebuilders, Leadership, Residential Real Estate, The Builder's Daily /

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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Compromise Indiana housing reform law trims local zoning power

Affordable housing, Housing Policy, Policy, Residential Real Estate, The Builder's Daily, Zoning /

Indiana Gov. Mike Braun swiftly signed into law comprehensive state housing reforms after lawmakers spent weeks debating how much the state could and should override local zoning rules and design standards. The law adopts a softer approach to neutralizing local zoning authority after mayors, county commissioners and municipal planners complained that the initial bill overreached

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NAHB data maps modest housing affordability gains in 2025

Affordability, Homebuilders, Marketing & Sales, Residential Real Estate, The Builder's Daily /

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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New York’s housing crisis won’t be solved by one mega-project

Affordable housing, Housing Policy, Policy, Residential Real Estate, The Builder's Daily /

New York City Mayor Zohran Mamdani’s attempt to revive an old plan to build 12,000 affordable units over a borough railyard is seen as a long shot, even if he gains support from President Trump. Mamdani has garnered headline attention for proposing to build units on a platform above Sunnyside Yard, a 180-acre freight and

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

Construction, Homebuilders, Leadership, Residential Real Estate, The Builder's Daily /

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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Millrose outperforms with disciplined growth, strong partnerships

Homebuilders, Land, Residential Real Estate, The Builder's Daily /

Now one for the books, the 2025 homebuilding market slowed in new construction, resulting in contract cancellations and reduced takedown activity. Millrose Properties, whose epic scale and timing launched a new era in land banking and asset-light homebuilding development in early 2025, bucked that trend.  Millrose – which began spinning out from Lennar in December

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