Build, baby, build: How the US can start fixing its housing supply crisis
The U.S. is short millions of homes. Policymakers, builders, lenders and others shared potential solutions at the Housing Supply Summit.
Homebuilders
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What’s keeping homebuilders from large-scale layoffs?
A decrease in the number of residential construction workers is usually an early sign of a recession. So why haven’t we seen any big layoffs?
Jet HomeLoans acquires Cherry Creek’s securitization, servicing operations
The deal, which closed on March 4, should provide Jet HomeLoans with greater secondary execution it can use to help homebuyers with affordability.
Trump grants one-month pause on automobile tariffs, but building material duties remain
The Trump administration announced Wednesday that it’s granting a one-month tariff exemption for automobiles from those two countries. The move came in consultation with “the big three autodealers.” It’s unclear if the pause comes with concessions from Canada and Mexico.
Trump orders immediate expansion of US timber production
Trump issued an executive order that calls for the immediate expansion of U.S. timber production to increase the supply of American lumber.
U.S. strikes deal with Canada to pause tariffs for one month
Canadian President Justin Trudeau announced Monday afternoon that the U.S. and Canada have agreed to pause for one month the 25% tariffs that President Donald Trump placed on Canadian goods. That came mere hours after Trump and Mexican President Claudia Sheinbaum agreed to pause paused 25% tariffs on Mexico.
How Trump’s executive orders impact homebuilders
Many of the executive orders Donald Trump signed on his first day in office have direct consequences for homebuilders.
Mortgage applications for new homes are 9% higher than a year ago
MBA builder application survey data for December highlighted 9% year-over-year growth in loan applications for new homes.
Rising mortgage rates zap builder confidence
The recent rise in mortgage rates, approaching 7.25%, has negatively affected builder sentiment. They need rates in the 6-6.5% range to grow.
The homebuilders’ 2025 supply and demand problem
New home sales grew in the latest Census report, but homebuilders are now facing a supply issue — their inventory is building up.