You Searched For "homebuilding" and got 20 results
Sort By:
3 mins read
A New Jersey homebuilder who pays his workers over $100,000 wants young people to know construction can be a lucrative career that doesn't require college — and businesses are desperate to hire
There's a growing shortage of skilled construction workers, and long-time contractor Michael Bodei …
Eliza Relman
1 min read
The steepest mortgage-rate plunge since 2008 is boosting homebuilder stocks to fresh highs
Shares of Toll Brothers, Lennar, and DR Horton as well as a homebuilder ETF have all notched new re…
Jennifer Sor
2 mins read
Homebuilder confidence drops to the lowest in 10 months as high mortgage rates freeze the housing market
"The housing affordability crisis can only be solved by adding additional attainable, affordable su…
Phil Rosen
1 min read
'Bond King' Bill Gross warns mortgage rate surge will hammer homebuilding – and may herald an economic downturn
Soaring mortgage rates will dampen construction activity, paving the way for slower growth and cool…
Theron Mohamed
1 min read
Build it and they will come: Homebuilder ETFs are enjoying record returns after a dire 2022
High interest rates have – paradoxically – boosted homebuilding prospects. The largest …
Joseph Wilkins
2 mins read
Homebuilder sentiment turns negative for the first time since April as more buyers defer purchases amid high rates
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand," NAHB sai…
Matthew Fox
2 mins read
Warren Buffett's Berkshire Hathaway bet on 3 homebuilders - and sold or slashed a bunch of its stocks last quarter
Buffett's company added a trio of home-construction companies to its stock portfolio last quarter, …
Theron Mohamed
1 min read
Price discounts for new homes are drying up as demand rebounds, homebuilders say
The NAHB also said there's no evidence that pressure on regional banks has worsened the lending env…
Filip De Mott
4 mins read
2 reasons the US is in a major housing shortage, construction can't get done, and houses cost more than many Americans can afford
Spikes in material costs have added $18,500 to the price of an average new single-family home. Plus…
Alcynna Lloyd
2 mins read
The nation's largest homebuilder says more buyers are cancelling deals amid growing real-estate market pessimism
Nearly 1 in 4 buyers canceled contracts with D.R. Horton, the nation's biggest homebuilder, this pa…
Alcynna Lloyd,James Rodriguez
2 mins read
Lumber prices surge 7% as mortgage rates fall for the first time in 4 weeks
Lumber prices are still down 63% from their May 2021 high of $1,733 per thousand board feet, and ar…
Matthew Fox
2 mins read
What tech boom? A homebuilder, 3 cruise lines, and Chipotle have all outperformed Apple and Microsoft on the S&P 500 this year
While Apple's stock returned 45% year-to-date, cruise line operator Royal Caribbean strongly outper…
Zahra Tayeb
3 mins read
3 signs the housing market is slowing down
A vibe shift is happening in the housing market. Experts point out three underlying fundamentals th…
Alcynna Lloyd
2 mins read
Biden just unveiled a new plan to make housing more affordable as Congress dithers on their economic agenda
The White House plans to use federal dollars to entice cities to build more affordable single famil…
Alcynna Lloyd,Joseph Zeballos-Roig
1 min read
The housing market faces a shortage that won't ease for at least several years, top homebuilder CEO says
The chief executive of Beazer Homes sees a "structural deficit" in the home market that will impact…
Phil Rosen
2 mins read
Higher interest rates are pressuring homebuilder stocks but investors should stick with them as housing demand remains strong, Jefferies says
The average 30-year fixed-rate mortgage has climbed past 4% for the first time in three years.
Carla Mozée
2 mins read
One major homebuilder is resorting to Black Friday discounts to lure buyers back to the market
Buyers are gaining power as builders drop prices and offer incentives to offset high mortgage rates…
James Rodriguez
2 mins read
The cost of a mortgage just hit a new pandemic high as Americans' ability to afford a home slips further
Mortgage rates are over 4% for the first time since 2019. While the rate of home construction is al…
Alcynna Lloyd
3 mins read
It's not a buyer's or a seller's market in housing: It's a builder's market
America needs homes, but builders aren't rushing. "People want an oversupplied market, and we just …
Ben Winck
2 mins read
Construction worker pay grew at the fastest rate in 40 years as builders are desperate to keep up with the real estate boom
The homebuilding sector hired more workers and increased wages in February, which could mean more a…