Category Archives: Builders
New home sales fall amid high mortgage rates
Source: Market Watch Sales of newly built homes in the U.S. fell in August as interest rates and home prices stayed elevated, dampening buyer demand. U.S. new-home sales fell 8.7% to an annual rate of 675,000 in August, from a revised 739,000...
Read More ›
Wildfires strain another scare resource – construction workers
Source: The Mercury News Hundreds of families displaced by Northern California’s fires could face another challenge to rebuilding their homes — a persistent shortage of construction workers. California lost nearly 20 percent of its...
Read More ›
Could YIMBY be the new NIMBY?
Source: Builder Magazine Developers, builders, manufacturers, and investors have tried to change the narrative for years now. More housing would make for more affordable housing, rejuvenated communities, and a workforce of people...
Read More ›
S.F. Mayor Wants to Speed Up Approvals for Housing Construction
Source: KQED San Francisco Mayor Ed Lee on Thursday called on city departments to cut by nearly half the time it takes to issue building permits to developers constructing housing projects. Lee said speeding up the production of housing...
Read More ›
Dying malls could help ease housing crisis
Source: Los Angeles Times As housing shortages persist, developers are eyeing old shopping malls—which often include large parcels of land—for redevelopment into residential projects. In California, which is suffering from severely tight...
Read More ›
Economist warns that buyers face increasing troubles
Source: CNBC From a broad view, the U.S. housing market looks very healthy. Demand is high, employment and wages are growing, and mortgage rates are low. But the nation's housing market is assuredly unhealthy; in fact, it is increasingly...
Read More ›
