Industry News
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Partnership Announcement Between Saw Mill Capital and Rasa Floors
Saw Mill Capital Partners II, LP and affiliated private equity investment funds managed by Saw Mill Capital LLC (“Saw Mill”) are pleased to announce their recent collaboration with Rasa...
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Mortgage Rates Continue To Rise
The results of Freddie Mac’s Primary Mortgage Market Survey were revealed on Thursday, and the 30-year fixed-rate mortgage (FRM) averaged 3.56 percent. “Mortgage rates moved up again as the...
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JCHS: The Remodeling Boom Could Reach A Climax In 2022
Spending on home improvements and repairs is expected to increase at a faster rate in 2022, but signs point to a slowing in growth by the end of the...
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Zillow: Housing Inventory Dipped To 40% From Pre-COVID Levels
The home-buying season looks to have already begun, with eager buyers outnumbering diminishing new listings and driving inventory to record low levels in December. As Zillow’s latest market data...
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Landsea Homes Acquires Hanover Family Builders
The acquisition expands Landsea Homes’ portfolio by over 4,100 homesites, including 18 active selling communities and $200 million in the backlog. Landsea Homes Corp. completed the purchase of Hanover...
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Total Construction Numbers Remained Flat In December
According to Dodge Construction Network, total construction starts were flat in December, with a seasonally adjusted annual rate of $879.3 billion. Residential construction starts to increase by 4% in...
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Housing Activity Ends On A High Note In 2021
Last year, an estimated 1.6 million housing units were started, representing a 15.6 percent increase over 2020. According to the final new residential construction report for 2021 from the...
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R.P. Lumber Is Celebrating 45 Years In Business
R.P. Lumber Co., Inc. opened its doors for the first time in Staunton, Illinois on a cold January 17, 1977. The young entrepreneur who opened the doors that day...
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NKBA: Predicts 19% Growth in 2022 Kitchen & Bath Market
The 2022 Kitchen & Bath Market Outlook has been released by the National Kitchen and Bath Association (NKBA), a non-profit trade association for the kitchen and bath industry. According...
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NAHB: Builder Confidence Falls As A Result Of Inflationary Concerns
Growing inflation fears and ongoing supply chain disruptions have halted a four-month rise in builder sentiment, despite the fact that consumer demand remains strong. According to the National Association...
