Toll Brothers lifts 2026 delivery outlook as luxury demand holds

The late, legendary Bob Toll once laid bare the fact that he was personally incapable of installing a curtain rod in a living room, let alone knowing the first thing about building a home from the ground up. What Bob did intuit was that the second-floor walls of a typical 1960s two-story home could be […]

Land leases, ARM buydowns emerge as lending options while mortgage rates stay elevated

Mortgage lenders are getting creative to combat the housing affordability crisis fueled by rising interest rates, rolling out novel products and blending existing options to keep borrowers in the market.

DRB Group and Sumitomo Forestry mark a 10-year arc of growth

“Top-five-ranked U.S. homebuilding companies don’t happen overnight. Except when they do. These two lines almost wrote themselves in early 2024 when Sekisui House skyrocketed into the top tier of U.S. homebuilding with its $4.9 billion acquisition of MDC Holdings.  Sumitomo Forestry’s announced $4.5 billion acquisition of Tri Pointe Homes closed last week, triggering a similar […]

Fault lines surface as projects tap California’s CEQA exemption law

Last July, California Gov. Gavin Newsom signed a landmark law shielding apartment and residential projects from lengthy environmental review processes to boost the state’s housing supply and improve affordability. It’s working – but not without a fight. Developers wasted no time seizing the opportunity. A growing list of housing developments are securing exemptions from reviews […]