Virginia Gov.-elect Abigail Spanberger (D) focused on improving affordability during her campaign. To follow through, she rolled out a housing agenda that leans heavily on preservation of existing affordable homes, empowering localities to add more, and rebuilding state-level tools.
Sonic Fire Tech has launched a wildfire defense system using infrasound to extinguish fires without water or chemicals. The system detects embers up to 1,500 yards away and aims to reduce property damage and water use in California.
Dwight Schar, NVR founder and former executive chairman, has died. He was key to NVR’s growth and was also once a minority owner of the Washington Commanders NFL franchise.
Lennar is targeting 3% delivery growth in 2026, relying on operational improvements and a land-light strategy to manage margin pressures and support affordable supply.
Builder confidence rose slightly in December but remains low, with 40% of builders cutting prices and 67% offering incentives. Entry-level homebuilders face the greatest challenges due to shrinking margins and weak demand.
Rural affordable housing development is hindered by limited financing options. Lenders and investors often overlook smaller rural projects, only widening the affordability gap.
Rents for multifamily and built-to-rent homes declined in Sunbelt markets amid new supply, but Midwest and Northeast cities saw growth. National occupancy remained steady.