National Outlook

TRUMP LIKELY TO BE A PLUS FOR CONSTRUCTION INDUSTRY

Dodge Data & Analytics researchers see Donald Trump’s election to president as a positive sign for building pros. By Jennifer Goodman The election of Donald J. Trump appears to be a welcome development for the U.S. construction industry, according to forecasters at Dodge Data & Analytics. With his background and experience in construction and real estate development, President-elect Trump …

HOUSING FINANCE’S THANKSGIVING GIFT

The FHFA raises its limits on conforming mortgage loans, which may help some entry-level home buyers come off the sidelines. By John McManus During last week’s days to celebrate gratitude, housing and many new home builders got a little gift from powers that be in Washington, D.C. A not-unexpected lift came from the Federal Housing Finance Agency in the form of a higher lid on conforming loan limi …

Single-Family Starts Soar in October

Hanley Wood Data Studio / Builder / November 21, 2016 Single-family housing starts jumped to a seasonally adjusted annual rate of 869,000 in October, according to new residential construction data released by the Commerce Department Wednesday morning. This month’s result marks a significant 10.7% increase from September’s upwardly-revised rate of 785,000, and represents a 21.7% gain compared to Oc …

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Local View

THREE BUILDERS ANNOUNCED FOR DALLAS-AREA MPC

The first models at Gateway will open early next year. By Jennifer Goodman Construction will begin soon on model homes for a 2,000-acre master-planned community near Dallas. Three builders–David Weekley Homes, Gehan Homes and Horizon Homes–will kick off Phase One of the residential portion of Gateway in Forney, Texas. With models opening early next year, the three builders will offer one- and tw …

CALATLANTIC HOMES ANNOUNCES COLORADO COMMUNITY

The builder offers six new single-family home designs in Barefoot Lakes. CalAtlantic Homes announced the opening of six new single-family home designs in Barefoot Lakes, a master planned community surrounded by lakes and trails in Firestone, Col. “Barefoot Lakes brings together everything that Colorado residents love about the outdoors, with trademark CalAtlantic home designs that create an ideal …

SAN ANTONIO HOUSING 3Q16: New Home Starts Maintain Steady Growth

3Q16 Annual new home starts up 6.4% & Annual new home closings up 5.3% YoY; Quarterly starts up 1.9% & Quarterly closings up 17.1% YoY In 3Q16, 55% of annual new single-family starts were priced above $250K. Metrostudy’s 3Q16 survey of the San Antonio housing market shows the annual rate of starts was 10,045 units, up 51 units from 2Q16 and up 607 units over 3Q15, a 6.4% increase YoY.  Dur …

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