Rising existing-home inventory is thwarting homebuilders, who are now slowing permits and starts — and backing off from hefty incentives. Homebuyers in the existing-home market might have a slight edge over those... Read more »
Let’s dive into what might be the biggest topic on many minds right now: housing prices. If you’re a homeowner, thinking about selling, or a hopeful buyer, listen up! The word on... Read more »
Builders FirstSource, the largest American supplier of structural building products, quietly acquired the assets of Pennsylvania-based Pleasant Valley Homes, a wholesale manufacturer of modular homes. Lori Conrad, Senior Director of Corporate Communications... Read more »
“It’s a long way down.” When Cedar Street Partners’ Jonathan Curtis said this to a guest peering over the edge of the 20th floor patio at a Glendale co-working space, it was... Read more »
The Beverly Hills City Council is clearing the way for an updated builder’s remedy proposal on Wilshire Boulevard. The city council granted an appeal from applicant Wilshire Skyline regarding its proposed 14-story... Read more »
By the time the homebuilding industry reaches Super Bowl LX on Sunday, Feb. 8, the stakes will be unmistakable. That date marks more than the unofficial kickoff to Spring Selling Season, for... Read more »
Anyone who thought the final nail had been hammered in the dispute between cities and the state over builder’s remedy might want to think again. Let’s revisit the latest in the saga... Read more »
Construction of a KB Home single-family housing development is shown in Menifee, California, on Sept. 4, 2024. Mike Blake | Reuters Both presidential candidates promise to build more homes. One promises to deport... Read more »
The price of newly built homes plunged last month as homebuilders sought ways to attract buyers who are feeling the pinch of higher mortgage rates. The median sales price of a newly... Read more »
Alexandra Hack, a principal at Cedar Street Partners, has taken on an expensive endeavor. She’s one of a handful of developers testing out the viability of builder’s remedy in California’s courtrooms in... Read more »