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The Builder’s Daily

Sitewire launches AI tools to streamline pre-construction risk review

Artificial Intelligence, Construction, Technology, The Builder's Daily /

As homebuilders face shrinking access, tighter reins, and higher costs from traditional local and regional banks for construction financing, Sitewire this week introduced two new AI tools, BudgetIQ and Permit IQ, to streamline pre-construction budgeting and permitting for small residential construction projects. The company, which facilitates private credit construction draws, a solution widely used by […]

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Why invisible risk will define homebuilding’s 2026 reality

Leadership, The Builder's Daily /

Builders often talk about “uncertainty” as if it were a temporary fog that had to clear eventually. Rates will decline, the Fed will pivot, pent-up demand will return, migration will pick up again, and the longstanding pattern of structural underbuilding will resume.  The idea that the industry’s biggest risks come from the outside—and that the

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YIMBY group sues Newsom over SB 9 pause in L.A. wildfire zones

Housing Policy, Lawsuit, Policy, The Builder's Daily, Wildfire /

California Gov. Gavin Newsom gave the state’s “yes-in-my-backyard” coalition celebrated wins this year on housing legislation. Those same pro-housing activists have now sued him over an August executive order that exempts fire-ravaged areas in Los Angeles from a 2021 state law — Senate Bill 9 — that paved the way for higher density on single-family

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Berkeley office to residential conversion joins national trend

Land, The Builder's Daily /

A seven-story, circa 1980s office building in downtown Berkeley, CA, is poised to trade cubicles for bedrooms.​ A developer applied to convert 2001 Center St. into 58 apartments and a rooftop garden, according to a report from San Francisco YIMBY.​ Nord Ratree’s proposal comes as California’s recent housing laws converge with those in other states

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Toll Brothers leans on luxury to navigate homebuilding’s headwinds

Earnings, homebuilder, Homebuilders, Leadership, Luxury Real Estate, The Builder's Daily, Toll Brothers /

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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Georgia lawmakers aim to speed housing permits for affordability

Policy, Politics, The Builder's Daily /

A surge in Sun Belt in-migration for well over a decade blessed Georgia with population growth that prompted a spate of apartment and home construction. Despite a heavy dose of added supply in the past few years, there was no catching up. The state still has a housing shortage, particularly in the Atlanta metropolitan area.

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

Affordable housing, homebuilder, Homeownership, Low-Income Housing Tax Credit, Policy, The Builder's Daily /

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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Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt

build-for-rent, Multifamily, Multifamily Housing, Policy, Rent Prices, The Builder's Daily /

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report.  Meanwhile, rental growth is typically the strongest in the Midwest, Northeast, and California. This

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House committee is set to review Senate-approved housing bill

Homebuilders, House of Representatives, Housing Policy, Policy, The Builder's Daily, U.S. Senate /

The ROAD to Housing Act wasn’t included in the National Defense Authorization Act (NDAA) released on Sunday, despite speculation that it might sneak in as an attachment to the more urgent priority $900 billion defense spending bill.  Still, the bipartisan housing legislation, which enjoys widespread support in both parties, could be signed into law next

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Sweeping new zoning targets Nashville housing affordability

Policy, The Builder's Daily /

Nashville, one of the fastest-growing Sun Belt cities over the past decade, has been working to address the housing affordability issues that accompanied its massive economic development. Confronted with a shortage of nearly 90,000 homes, the Nashville Metro Council made its most significant move since 2018 to shape the city’s future. It passed two groundbreaking

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