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6 Homebuilding Trends Shaping 2025 and Beyond
By: Courtney Klosterman, home insights expert at Hippo home insurance The homebuilding industry is in a state of rapid transformation. As affordability concerns push buyers toward innovative housing solutions, […]
Lancaster County gives preliminary OK to another Barberville Road subdivision
LANCASTER, S.C. – The Lancaster County Council this week voted to approve the first of three required readings of a rezoning ordinance that would pave the way for Matthews-based Bonterra […]
More markets returning to normal levels
Many housing markets nationwide have returned to normal levels of activity. Markets in 56 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels […]
US construction spending up 1 percent in November
WASHINGTON — U.S. construction spending rose in November at the strongest pace in more than four years, driven by solid gains in home construction and commercial projects. The Commerce Department […]
Developing news: Commercial projects likely to increase
Retail follows rooftops. It’s the old real estate adage explaining how commercial development responds to residential development. So the recent growth in homebuilding and homebuying in the Charlotte market – which is expected to continue into 2014 – will likely be accompanied by increased commercial development over the next two years, even if developers are still cautious about the overall[...]
M/I Homes buys yet more Cabarrus County land, announces another new subdivision
M/I Homes Charlotte is on a self-developing rampage. The local division of the Columbus, Ohio-based homebuilding giant just closed on a deal to purchase 225 acres of raw land in Harrisburg to develop and build a 297-home subdivision named Blume, according to Tamara Lynch, M/I Charlotte vice president for sales and marketing.
M/I Homes rings a Bellington
The plan goes like this: Let another homebuilding/development company do the local-government legwork, buy the property pre-entitled. Then, as another homebuilder/developer, put in the infrastructure, develop the lots and build the houses yourself.
REITs of passage
REITs are having new, single-family homes built, largely in stalled subdivisions, with the express purpose of renting them to the growing market of people who want to live in houses but can’t afford the down payments or qualify for loans.
March: Homebuilding comes in like a lion
New home starts in Mecklenburg County for 2013 continued their surge in March, as did new home prices. As of March 31, the county had issued 834 building permits for the benchmark detached single-family home. That’s up nearly 33 percent over the first three months of last year, according to an analysis of county records.
Meck homebuilding on big upswing in 2013, but lot supply shrinks
“New-home sales are way up, so much so that we’re selling off our inventories, which are still historically below accepted equilibrium levels,” said Alan Banks, president of the Home Builders Association of Charlotte.
Meck 2012 homebuilding already over 2011 levels
According to just-released, year-to-date data compiled by the Home Builders Association of Charlotte, Mecklenburg County had issued 1,911 building permits worth $300.5 million as of Oct. 31 for the benchmark single-family detached house.
For U.S. residential construction, brutal slog shows signs of ending
Builders are putting up more houses than they have in nearly four years, a long-awaited recovery that could help energize the U.S. economy.
Latest News
- Rail Trail Bridge to Connect Uptown to South End over I-277 work begins
- Construction employment rises in 32 states and D.C. with North Carolina adding 13,600 jobs
- ATTOM reports home purchase loans at 12-year low amid rising mortgage rates
- NCDOT unveils six design concepts to reconnect I-77 South corridor in Charlotte
- ATTOM report finds home prices grew in nearly half of opportunity zones
- Foundry Commercial Brings Uptown Charlotte Site to Market
- Construction Employment Rises By 9,000 In April As Nonresidential Hiring Offsets Residential Declines And Average Hourly Pay Rises To $38.73
- Foreclosure activity rises 18 percent annually with Delaware and South Carolina hardest hit
- Homeowners face plumbing and radon as top repair stressors across states
- Averitt Announces New Commitment to Charlotte
- PlayNation to Bring Purpose-Driven Indoor Playground to Eastway Crossing
- Construction Jobs Increase In 33 States And D.C. Between March 2025 And March 2026
Features
- Thomas & Hutton Announces Ryo Yamamoto’s Professional Engineer Licensure in North Carolina
- Thomas & Hutton Grows Charlotte Team With Two New Project Engineers
- City of Charlotte Introduces New Deputy City Manager and New Director of Housing & Neighborhood Services
- JLL strengthens Charlotte capabilities with top Agency Leasing team hire from Foundry Commercial
- Thomas & Hutton Grows Charlotte Team With Two New Team Members
- Nick Schirato Joins Thomas & Hutton As An Environmental Designer In Charlotte
- Foundry Taps Alex Olofson to Lead Capital Markets Growth in Charlotte
- Tony Lathrop Strengthens Parker Poe’s Infrastructure, Transportation & Public Policy Services
- MVA Expands Economic Development & Incentives Group, Appoints Beth Buckner as Head
- Thomas & Hutton Announces Kaylee Neal’s Professional Engineer Licensure In North Carolina
- Thomas & Hutton Announces Sixth-Generation Leadership Transition as Firm Enters 80th Year
- Movement Mortgage welcomes Justin Caplan as East Coast Growth Director
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