Hajime Construction Buys 51% of Utah Builder Wright Homes

Japan-based real estate and construction giants have spent the past decade quietly building footholds across the U.S. housing market. By early 2026, those footholds are transforming into a noticeable wave of expansion. The latest development comes from Tokyo-based Hajime Construction Co., Ltd., which announced on March 10 that it has acquired a 51% equity stake […]

Congress nears a housing deal and the investor fight is inside it

Congress is closing in on a major housing legislation moment. The bipartisan 21st Century ROAD to Housing Act, now moving from the Senate to House reconciliation after overwhelming procedural votes, stands as one of the most serious attempts in more than a generation to confront America’s housing affordability crisis. With the ballast of provisions aimed at […]

Local fees trap state housing affordability reforms in a vicious circle

Procedural and zoning barriers are proving to be only the beginning of the gauntlet for adding new ground-up residential supply to America’s housing-starved communities. While removing red tape and outdated zoning laws might formalize more homes on paper, local fee structures still decide whether those homes are actually built. California is a poster child for […]

Builders started 2026 with margin pressure, then came Iran war risk

Making less money but making steady headway may be a crude way to boil down what early 2026 was looking like for many homebuilding business leaders. Public homebuilder execs were not discussing a plain-and-simple “recovery trade.” The most consistent post-earnings themes – across demand, pricing, margins and capital strategy – indicated a market that is […]

New York’s housing crisis won’t be solved by one mega-project

New York City Mayor Zohran Mamdani’s attempt to revive an old plan to build 12,000 affordable units over a borough railyard is seen as a long shot, even if he gains support from President Trump. Mamdani has garnered headline attention for proposing to build units on a platform above Sunnyside Yard, a 180-acre freight and […]

Here’s what will actually move the needle on housing affordability

Housing affordability continues to dominate the headlines, but most proposed “solutions” rely on assumptions that are either unlikely or insufficient on their own. Falling interest rates, off-site construction, government subsidies and value engineering all play a role. None of them – individually or even together – as they are currently being pursued, will move the […]

What war risk could mean for builders, rates and spring demand in 2026

Nature abhors a vacuum and does something about it. Homebuilders, their business and channel partners, their investors and lenders and their customers abhor uncertainty. But what can and will they do about it? Other than brace for more bumps. More air pockets. More “buying” of sales rather than selling of American households on houses that […]