During extreme heat, construction activities involving physical work on average take 36% longer to execute, according to an exclusive analysis for Bisnow. ow.ly/zZhB50PIn2e
Home builder stocks are on a tear, boosted by a jump in demand as some Americans shun the historically tight and unaffordable market for existing housing. ow.ly/f45n50PHWfw
The Home Depot Foundation reported it is committing up to $250,000 to support immediate disaster relief and long-term recovery efforts in communities impacted by Hurricane Idalia. ow.ly/oqBF50PHWeM
U.S. construction spending increased solidly in July as a shortage of houses on the market boosted outlays on single-family housing projects. ow.ly/ZiKL50PHW9b
Designers and architects can sample Fiberon through their new partnership with Swatchbox, while home builders can continue to earn rebates on the brand through the HomeSphere program! ow.ly/n0El50PGtvh
Midwestern metro areas such as Cleveland and Chicago are now the hottest housing markets, while Mountain-West pandemic boomtowns like Denver and Phoenix are now among the coolest. ow.ly/NiMg50PFYkn
Interesting development: Oxland Group has presented plans for an 1,860-acre development that includes 30 home builders and amenities centered around music, farming and nature. ow.ly/hQpH50PFyn5
Big news! Our Partner Summit is SOLD OUT!! Thank you to our partners who registered—we can't wait to see you there. Check out our latest blog for a dive into the agenda. bit.ly/3qZRY0x
The National Association of REALTORS® predicts that new-home sales will rise 12.3% this year and 13.9% in 2024 as builders ramp up construction and offer more incentives to attract buyers. ow.ly/aS1t50PCXk9
We've got another Color of the Year: @PPG's "Limitless," a soft yellow with the power of a primary color that infuses brightness and optimism into a room. ow.ly/5RYe50PCX7M