The edge that large remodelers leverage in a fragmented industry

Like its residential construction counterpart – homebuilding – the more than $500 billion residential remodeling industry remains highly geographically fragmented and varies widely in firm size, despite a slight increase in M&A activity since the COVID pandemic. In an industry dominated by small operators, larger players compete at an advantage in several areas, such as capital, technology and...

Hajime Construction Buys 51% of Utah Builder Wright Homes

Japan-based real estate and construction giants have spent the past decade quietly building footholds across the U.S. housing market. By early 2026, those footholds are transforming into a noticeable wave of expansion. The latest development comes from Tokyo-based Hajime Construction Co., Ltd., which announced on March 10 that it has acquired a 51% equity stake in Wright Homes, a privately owned builder...

Ongoing Middle East Conflict Pushes U.S. Mortgage Rates Higher Mid-March

Biggest Weekly Mortgage Rate Increase in Since May 2025 Residential mortgage rates climbed this week as financial and energy markets reacted to escalating tensions in the Middle East following the launch of Operation EPIC FURY on February 28, 2026. The operation, a U.S.-led campaign in coordination with Israel targeting Iran's nuclear, missile, naval, and related infrastructure, threatened earlier-year...

Flexible Workplaces Become Core U.S. Office Infrastructure

U.S. Coworking Market Expands Rapidly in 2025 According to new data by Yardi Kube, the U.S. coworking sector posted another year of strong expansion, reinforcing its transition from a niche workplace alternative into a core component of the modern office market. Between January 2025 and January 2026, the national coworking footprint grew to 8,973 locations, up from 7,776 a year earlier -- a 15% increase....

CoStar pushes back on activist investors’ reporting criticism

Tensions between CoStar Group and activist investors at The D.E. Shaw Group intensified this week — with both sides issuing public statements defending their positions and criticizing the other’s. On Tuesday, D.E. Shaw accused the real estate data giant of mismanaging capital, eroding shareholder value and reducing transparency around its Homes.com venture. “The segment reorganization appears...

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