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How the post-war homebuilders built the modern playbook

If you want to understand the DNA of the modern American homebuilding industry, you don’t start in a boardroom or on Wall Street. You start in the aftermath of World War II. The men (and they were almost entirely men at the time) who came home from that war didn’t just return with discipline and grit. They returned with something far more valuable: a working knowledge of logistics at scale,...

Cole West Closes On 38 Homesites In Northern Utah For New Community

Cole West, a privately-held, locally owned and operated, Utah-based real estate development company today announced that it has closed on 38 homesites for a new community called Lone Tree in Syracuse, Utah. "This is a great opportunity in Northern Utah to expand Cole West's presence and advance our continued growth as Utah's premier homebuilder," said Chris Winter, Cole West President of Homebuilding....

How Virtual Design and Construction Is Cutting Costs in Commercial Real Estate Development

Commercial real estate development has always been a high-stakes game. Deadlines slip. Budgets blow out. Contractors argue over drawings that don't match the field conditions. None of this is new -- but the rate at which these problems eat into project margins has made a lot of developers quietly desperate for something better. Virtual Design and Construction -- VDC -- is that something better. Not...

Americans Pull Back on Big-Ticket Spending in March

Job Security Anxiety Shapes Household Decisions U.S. workers are increasingly recalibrating major financial decisions amid shifting perceptions of job stability, with a growing share delaying or scrapping high-cost purchases such as homes and vehicles, according to new survey data. Roughly 36% of employed Americans say concerns about job security have led them to postpone or cancel a major purchase,...

Weekly pending home sales show yearly growth as mortgage rates fall

A ton of housing data snapped back last week as it should have from the holiday-impacted week before: active inventory, new listings and weekly pending home sales all grew above trend. This usually happens when we have a major holiday the previous week that slows data, but mortgage rates have also fallen and we are almost back below 6.25% again. So, was the growth more of a rebound from Easter or falling...

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