Permits before loans: Inside the launch of Kukun’s Renovation-HELOC Index
The company has mapped renovation hotspots by ZIP code as lenders and servicers eye home equity opportunities
Construction
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Surging jobsite raids put 370,000 new home completions at risk
Census data show 256,000 homes under construction and 114,000 not started, as builders push for year end completions
New homes still cost less than resales in many U.S. markets
Zillow reports that new homes in July sold at $205 per square foot, compared with $212 for existing homes
Why construction workers face one of the highest suicide risks
CDC data found construction suicide rates ran 4 times the national average, as groups expand toolkits and training
ICE raids strain homebuilder labor, cycle times, and bank lines
ICE arrests rose from 32,545 in May to 49,571 in July; homebuilders cite delays, higher bids, and missed closings in some markets
Mounting ICE raids leave homebuilding’s frontlines frozen in fear
Amid a summer surge in job site raids, homebuilders in some states say that their workers, even those in the U.S. legally, got caught in the crosshairs
Why Builders FirstSource bought ICG; and why Pulte sold it
The Innovative Construction Group (ICG) deal frees up capital and eliminates the risk of factory ownership for PulteGroup, while Builders FirstSource will add off-site capacity and installation scale in the Southeast
A Colorado project is now a proving ground for 3D-printed homes
Cleora near Salida, Colorado is building 106 3D-printed homes, using robotics to improve speed, resiliency and labor efficiency.
Government-backed modular housing trend arrives in Cleveland
Cleveland tapped $2.56M in Ohio historic preservation tax credits to redevelop a 1901 building into an MMY modular housing factory.”,
Why Carlisle Companies targets Owens Corning for an M&A combo
A WSJ report said Carlisle has made repeated unsolicited bids to buy Owens Corning for well over $10B. Owens Corning has not entered meaningful talks, but the attempt highlights accelerating consolidation among building products players.