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What’s keeping homebuilders from large-scale layoffs?

Housing Wire

Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. Why haven’t the homebuilders started doing layoffs?

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Realtor.com: Federal land sales would offer limited housing relief

Housing Wire

But many of these areas either already have sufficient housing, or lack the infrastructure and economic activity needed to support major residential development, Realtor.com said. The report emphasizes that how land is used — not just how much is available — plays a critical role in addressing the housing gap.

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Maryland-based Anchor Home joins Compass

Housing Wire

Collectively, the group brings more than $400 million in career sales and 500-plus closed transactions across Maryland markets, including Annapolis and Severna Park. Anchor Home specializes in high-end residential sales, staging, new construction consultations and renovation strategies.

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Massachusetts set to bar home sellers from requiring inspection waivers

Housing Wire

The regulation takes effect for home sales that close after Oct. To support housing development, the rule exempts certain pre-sales of new construction, provided contracts are signed before substantial completion and the seller offers at least a one-year express warranty.

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Developer sues Denver over requirement to pay into affordable housing fund

Housing Wire

The company, redT Homes , states that it’s the Denver areas only residential real estate development company […] offering a full suite of services, ranging from land acquisition and entitlement to design, architecture, and construction along with real estate-focused marketing and sales.

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Southern construction boom is aiding housing affordability

Housing Wire

But increased activity in residential construction , particularly in the South, is helping to alleviate affordability challenges in certain regions, according to ananalysis from First American Financial Corp. This construction boom is contributing to slower home-price appreciation and, in some cases, price declines.

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Deephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

Housing Wire

In this week’s episode of the Power House podcast, host and HousingWire President Diego Sanchez chats with Tom Davis , chief sales officer at Deephaven Mortgage. For example, 30% of purchase transactions were new construction last year. New construction has been 33% of all purchase transactions, right?