Erin Nicks

4 days ago | newhomesource.com | Erin Nicks

The 2025 spring home-selling season fell flat for many of the nation’s top home builders, as economic uncertainty, shaky consumer confidence, and high mortgage rates kept buyers on the sidelines. What’s happening:Public builders saw sluggish buyer traffic and softer order volumes in the first few months of the year. D.R. Horton set the tone with a dip in orders and closings—an early signal of the season's challenges.

2 weeks ago | newhomesource.com | Erin Nicks

U.S. President Donald Trump’s new tariffs on building materials—wood, metals, plastics, glass—are already raising construction costs. That may soon hit homeowners in the form of higher insurance premiums.  The impact: 60% of builders surveyed by The National Association of Homebuilders say suppliers have already raised prices.  The average new home could cost $10,900 more. Insurify estimates home insurance premiums may rise 11% by end of 2025—3 points higher than without tariffs.

Jan 17, 2025 | builderonline.com | Erin Nicks

Pretium says it will make up to $5 billion available for home builders looking for funding in a difficult market. It says it has already secured $550 million in commitments for its new program. "The success of this fund reflects the strength of our brand as a leading investor in residential real estate," said Jonathan Pruzan, co-president of Pretium.

Jul 11, 2024 | architectmagazine.com | Erin Nicks |Nate Trayor

A Brooklyn-based startup is transforming how architects approach their work, providing a comprehensive, cloud-based platform designed by architects for architects. Acelab was founded by a group of architecture graduate students from Harvard and MIT who aimed to solve one of the most tedious, time-consuming aspects of their profession: the material selection process. “We all had first-hand experience with the specification workflow in practice globally,” says Co-founder and CEO Vardhan Mehta.

May 13, 2024 | livabl.com | Erin Nicks

Calgary has been a hot draw for potential homeowners from across the country. This prairie city offers some of the most affordable housing in Canada with plenty of amenities and a wide variety of outdoor activities, thanks to its location at the foothills of the Rocky Mountains. Here's a list of the best places to live in the Calgary Metropolitan Region.