Remodeling Work Is Speeding Up Nationwide, RRI Finds

download

By REMODELING Staff Hurricanes, general economy spur 4.8% gain in index since 3Q16   Metrostudy Big-ticket remodeling activity nationwide rose 1.2% in the third quarter from the second and 4.8% from 2016’s July-to-September period, hitting a new high, according to Metrostudy‘s latest Residential Remodeling Index (RRI) released today. The index rose to ...

Read More

How the Lennar/CalAtlantic Deal Impacts the Nation’s Biggest Markets

BUILDER-logo

Brian Croce / Builder / November 13, 2017 Late last month, Lennar (NYSE: LEN and LEN.B) sent shock waves throughout the home building industry with the announcement that it plans to acquire CalAtlantic (NYSE: CAA) in a $9.3 billion deal—including a $3.6 billion net debt assumption. Under the terms of the deal, Lennar, the ...

Read More

Lennar & CalAtlantic: A Local Perspective

Lennar_CA_Merger

America’s No. 2-ranked homebuilder, Lennar announced a $5.7 billion merger deal with No. 5-ranked CalAtlantic. This combined entity creates the largest home building enterprise by revenue ($17 billion in 2016 revenues, according to our Builder 100 data) and a major presence in 24 of the top 30 nationwide housing markets. With nationwide ...

Read More

Top 25 Markets for 2018 Home Building Investment

BUILDER-logo

John McManus / Builder / November 6, 2017 Amazon’s HQ2 decision is months away, not expected to come down until at least 2018 sometime. That fact did not get in the way of 238 cities and regions in 54 states, provinces, districts, and territories proposing to become the place Amazon chooses for ...

Read More