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...
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...
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,...
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...
Build to 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...
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...
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...
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