The top 10 builders captured 30.4% of new single-family home closings in 2019, according to data released by BUILDER Magazine. The 30.4% share represents 207,724 closings out of the 683,000 new single-family home sales reported by the U.S. Census Bureau in 2019. However, these closings represent approximately 23% of single-family starts, a broader measure of home building that includes custom… Read More ›

In many communities, 2-4 unit multifamily housing (structures with two, three or four units) is the key to expanding the existing housing stock, in order to solve the housing shortage. Two-four unit multifamily residences such as duplexes, fourplexes, townhomes, courtyard buildings, and cottage courts provide much needed entry-level housing options and/or more affordable housing for the first-time home buyers and… Read More ›

Continuing a period of weakness that began at the end of 2019, the volume of residential construction lending posted a slight decline during the third quarter of 2020. This decline occurred, however, during a period of rising builder confidence and expansion of single-family home building. These data suggest that home builders were deleveraging during the market rebound of the second… Read More ›