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Building Materials

What Saw Mills Experienced During Lumber Price Spikes and Why

Remodeling, DIY, and home building demand pushed lumber prices to new heights this past year, and it might make sense to believe lumber mills…

Market Data + Trends

Prospective Buyers Continue to Turn Active Despite Competitive Market

The share of prospective buyers turned active buyers has continually increased for the past six quarters, and the second quarter of 2021 was no…

Housing Markets

Arizona Appeals Court Says Builder Cannot Waive State's Implied Warranties

When a new Arizona homeowner discovered construction defects in her newly built home—popped nails, flaws in the soil preparation, grading, and…

Economics

Federal Reserve Bank Leaders Express Worries About Housing Market

The Federal Reserve has been closely watching the housing market and some are more nervous than others about the bank’s role in bond purchases and…

Built for Rent

PulteGroup to Build 7,500 Single-Family For-Rent Homes

Builder PulteGroup has agreed to construct 7,500 single-family built-for-rent homes over the span of five years for single-family rental company…

Economics

Housing Accounts for Nearly 17% of Country's GDP

Housing made up 16.9% of the country’s GDP during the second quarter of 2021, only slightly off a 14-year high. As the economy continues to…

Market Data + Trends

Pending Home Sales Fall, Pointing Toward Market Turnaround

Pending home sales for existing homes fell 1.9% in June from May as homebuyers continue to pull back amid escalating home prices. These pending…

Market Data + Trends

Homebuying Activity Returns as Inventory Increases

An uptick in homebuying activity in June after months of decline shows slowed buying activity resulted from low inventory, says the National…

Energy Efficiency

RESNET Launches HERS H2O Rating for Water Efficiency

Residential Energy Services Network (RESNET) launched a new HERS rating program that evaluates a home’s water efficiency. On HorizonTV this week,…

Business Management

Solving the Labor Shortage in 12 Steps

Attaining "unicorn status" as a builder means attracting and keeping the best trade contractors. These 12 steps will get you there.

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