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Recent Articles

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John Burns survey finds 75% homebuilders buying down buyers' mortgage rates to make payments more affordable; such incentives encouraging more consumers to consider buying new homes versus existing homes, as resale market can’t compete with those offers

Morningstar rates Fortune Brands at US$78 fair value estimate, up 25.8% from recent trading price, noting improved financial performance over past decade has been due to operating strategy, which includes strengthening new home construction, R&R spending

Oregon's governor sees prototype affordable mass timber modular homes as possible 'part of the solution' to state's need to build 36,000 new homes/year; prototypes, being built by nonprofit Hacienda CDC, will be donated to other nonprofit housing groups

LGI Homes announced further expansion into the Richburg, South Carolina market with opening of new community, Knights Bridge; community offers one, two-story homes with up to four bedrooms ranging from 1,316 sq. ft. to 2,201 sq. ft.

Oregon pins hopes on mass timber to boost housing, jobs; Oregon Mass Timber Coalition won US$41M federal grant in 2022 to help finance construction of factory at Port of Portland to build mass timber affordable homes, and prototype is now out

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