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.
Hovnanian Enterprises’ stock fell 22.51% on Thursday after the company reported a Q4 net loss and declining margins, prompting a shift away from entry-level buyers and an increased emphasis on the active adult segement. Executives expect improved performance in 2026.
It’s homebuilders’ last push, and their business and channel partners operate through friction on every front. It’s not a normal market. It’s come to this: Owning a home – especially a newly built one – in too many markets, for too many of America’s working households, means owning a luxury good, not for people with […]