Fault lines surface as projects tap California’s CEQA exemption law

Last July, California Gov. Gavin Newsom signed a landmark law shielding apartment and residential projects from lengthy environmental review processes to boost the state’s housing supply and improve affordability. It’s working – but not without a fight. Developers wasted no time seizing the opportunity. A growing list of housing developments are securing exemptions from reviews under the 1970...

Study: Bipartisan Social Security plan to borrow and invest unlikely to pay off

A high-profile proposal to borrow $1.5 trillion and invest the money in stocks to salvage Social Security’s finances would likely leave taxpayers saddled with enormous debt, even under optimistic market conditions, according to a new analysis from the Center for Retirement Research at Boston College. The brief is critical of a plan championed by Sens. Bill Cassidy (R-La.) and Tim Kaine (D-Va.), who...

Kevelyn Guzman on leadership, growth and navigating change

As part of HousingWire’s Editor’s Choice awards spotlight series, we’re spotlighting past Women of Influence honorees whose careers, leadership and insights continue to influence the industry. This series offers a closer look at the experiences and decisions that have shaped their paths. In this feature, Kevelyn Guzman, Regional Vice President at Coldwell Banker Warburg, reflects on the...

AI-powered data remaps builders’ landbuying art and science

Not long ago, artificial intelligence was considered a headline-grabbing, yet futuristic and perhaps unreliable concept. Now, companies, including homebuilders, are increasingly leveraging AI in their day-to-day decision-making.  Oliver Alexander, Founder & CEO at Prophetic, an AI-driven platform that automates the initial land discovery and analysis process for developers and homebuilders, has...

DRB Group and Sumitomo Forestry mark a 10-year arc of growth

“Top-five-ranked U.S. homebuilding companies don’t happen overnight. Except when they do. These two lines almost wrote themselves in early 2024 when Sekisui House skyrocketed into the top tier of U.S. homebuilding with its $4.9 billion acquisition of MDC Holdings.  Sumitomo Forestry’s announced $4.5 billion acquisition of Tri Pointe Homes closed last week, triggering a similar shake-up in...

Massive $40M Florida Keys compound lands on Millionaire’s Row

Most Florida Keys homes force buyers to choose. Big water views or protected dockage. Privacy or convenience. New construction or future upside. This Tavernier compound somehow checks nearly every box at once. Listed for $40 million by Angel Nicolas and Courtney Conley of SERHANT., the dual-parcel property on Millionaire’s Row combines a newly constructed waterfront estate with a second...

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