Homebuilders

Greystone’s $103M affordable housing fund to support rental units in six states

New York-based Greystone Real Estate Capital has closed its first affordable housing fund, raising $103 million to finance nearly 1,000 rental units across six states. The fund — called Greystone Affordable Housing Fund I LP — will support a total of 11 developments in Louisiana, Massachusetts, Mississippi, New Jersey, Ohio and Pennsylvania. In total, the […]

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Berkshire Hathaway’s Warren Buffett bets big on homebuilders

Businessman and investment icon Warren Buffett is making waves in the housing industry. Documents filed last week with the Securities and Exchange Commission (SEC) revealed that Buffett’s Berkshire Hathaway has made major investments in homebuilders Lennar and D.R. Horton.  According to the filing, during the first half of 2025, Berkshire Hathaway has purchased over 7

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New-home loan applications surge to three-month high

Mortgage applications for new-home purchases accelerated in July, as borrowers took advantage of homebuilder concessions and a drop in interest rates, according to new industry data. New single-family residential mortgage applications rose 6.8% year over year last month, according to the Mortgage Bankers Association. The increase coincided with greater overall mortgage activity in the back

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Redfin: Multifamily housing permits fall from pandemic highs

Permits for new multifamily housing construction have declined from the pace set during the COVID-19 pandemic, according to a Redfin analysis of U.S. Census Bureau data. Developers secured an average of 12.8 permits for buildings with at least five units per 10,000 people from July 2024 through June 2025. That is down 23.1% from the

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Trump to set new tariffs before midnight, White House says

President Donald Trump will sign an executive order on Thursday imposing new tariff rates on trading partners that take effect Friday, the White House said.  The signing will take place “at some point this afternoon or later this evening,” White House Press Secretary Karoline Leavitt told reporters during a news briefing, adding that “Aug. 1,

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Arizona homebuilders challenge groundwater restrictions

As Arizona grapples with rapid growth and a changing climate, long-standing groundwater regulations are being tested in courtrooms, boardrooms and booming desert suburbs. Developers and regulators are locked in a deepening dispute over how to manage the state’s finite water supplies — with the future of real estate, agriculture and sustainability hanging in the balance.

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Hemp spells affordable housing for Native American community

The Lower Sioux Indian Community in Morton, Minnesota, has become the first in the country to create a fully vertically integrated “seed-to-wall” program using industrial hemp — addressing a critical shortage of affordable housing on its reservation. Prompted by U.S. Census Bureau data indicating the need for 200 new homes by 2030, the Lower Sioux

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New home sales show why residential construction is in a recession

In today’s report, new home sales fell short of sales estimates and experienced negative sales revisions, while inventory levels increased, which explains why residential construction is in a recession. However, today’s data doesn’t indicate a crash in new home sales. Instead, it highlights my concerns from December 2024: homebuilders are accumulating a lot of completed

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Homebuilders are weathering the trade war — for now

The enormous scale of the trade war initiated by President Donald Trump has the potential to upend practically every aspect of the economy, and the most vulnerable space in the real estate industry is homebuilding. Trump has targeted a number of key trading partners for homebuilders — including Canada, Mexico, China and Vietnam. He’s either

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Bipartisan legislation aims to expand ADU financing

A bipartisan bill introduced last week in the U.S. House of Representatives seeks to address the nation’s housing shortage by expanding financing options for accessory dwelling units (ADUs). Reps. Sam Liccardo (D-Calif.) and Andrew Garbarino (R-N.Y.) unveiled H.R. 4568 — the Supporting Upgraded Property Projects and Lending for Yards (SUPPLY) Act. The proposed legislation would

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