OCTOBER 9, 2026
Vol. 18 No. 37
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HOME BUILDING INDUSTRY NEWS
Midwest and Northeast housing markets hold strong
According to Cotality's October 2026 U.S. home price insights, national single-family home price growth reaccelerated modestly in August, rising 1.8% year-over-year compared to 1.6% in July. This marks the fifth consecutive month of reacceleration in home price growth. The housing market continues to soften, as potential homebuyers pull back in September’s pending home sales. According to Cotality's Chief Economist, Dr. Selma Hepp, the core trend shaping the market is the shift…
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Builder and Developer
 
Treasury yields jump, mortgage rates follow
Following the Fed's decision to raise interest rates, the 10-year Treasury yield averaged 4.94%. The 30-year fixed mortgage rate continued to jump and averaged 6.86% in September before climbing to 7% before the month ended.  Compared to a year ago, this is higher by 51 bps. For mortgage rates to be consistently elevated to the 7% threshold, the gains in affordability are effectively weakened. This continues to put pressure on the entry-level market and on builders to offer incentives like rate-buydowns. However, the 30-year fixed mortgage rate has still not recorded a level past the most recent peak of 7.62% in October 2023…
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Builder and Developer
 
Brookfield Residential rebuilds community in Altadena
In late September 2026, Brookfield Residential welcomed the first homeowners back to La Viña following the early 2025 Eaton Fire, which destroyed 52 homes in the community. By partnering with municipal officials to deploy pre-approved design catalogs, the developer delivered quick turnaround times, with the residents moving in only six months after groundbreaking. All units were completed on or under budget while achieving Insurance Institute for Business & Home Safety (IBHS) enhanced wildfire-resilience certification…
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Builder and Developer
 
Tri Pointe Homes acquires 85.6 acres for new Austin community 
Tri Pointe Homes, one of the nation's largest homebuilders, announced the acquisition of 85.6 acres in Northwest Austin, Texas. The company says that it intends to deliver an estimated 410 homesites in the community, Pearson Ranch. Plans for the community include a mix of 40-, 45-, and 50-foot single-family homes and two elevations of attached row townhomes across multiple phases…
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Builder and Developer

FEATURED PRODUCTS AND COMPANIES
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Everlights
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Fortune Brands Innovations
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MORE HOME BUILDING INDUSTRY NEWS
Housing market could stabilize within 5 years
According to Redfin, housing costs could stabilize within the next five years if mortgage rates fall to 6% and home price growth remains steady. On the other end, the housing economy could stabilize at a slightly longer rate, six years, if mortgage rates remain the same, at about 7.5%, and home price growth flattens. “Many house hunters feel stuck between two bad options: Stretch themselves to buy at today’s rates or wait for lower rates only to see prices climb further out of reach,” said Redfin…
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Builder and Developer
 
An Enchanting Oceanfront Gem
Blue Heron’s luxury biophilic design is easily recognizable in the Las Vegas metropolitan area. While known as a high-end custom homebuilder in Nevada, the Blue Heron team turned their creativity southwest. The builder completed their first custom project in San Diego. That region became home to the builder’s second Californian project: Ora. Ora is an 8,878-square-foot, four-level residence located along La Jolla’s bluffs. The builder describes it as a coveted oceanfront pearl…
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Builder and Developer
 
What builders are innovating in Ontario?
The Ontario Home Builders’ Association (OHBA) announced the winners of its 2026 Awards of Distinction (AoD). The awards recognize excellence across architectural design, room design, image and advertising, on-site sales presentation and renovation. The Innovation Award went to a program that could change the traditional homebuying experience: Ironstone Building Company's Try Before You Buy Program. This program allows prospective homeowners to build purchase credits while leasing, allowing the homeowner to build confidence and equity before committing to ownership…
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Builder and Developer
 
Nominations closing soon for December Awards Issue
Recognizing excellence drives the homebuilding industry forward. Nominating a deserving colleague for Builder and Developer’s prestigious Who’s Who feature in the upcoming December Awards Issue is the ultimate way to honor the innovators, visionaries and dedicated leaders shaping residential construction. In addition to individual recognition in the Who’s Who roster, Builder and Developer is currently accepting entries for three premier project and company honors. Nominations close on Friday, Oct. 9, 2026.
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Builder and Developer
 
B&D Interview: Gonzalo Romero, Chief Design Officer at Blue Heron
In the October issue of Builder and Developer, Gonzalo Romero, Chief Design Officer at Blue Heron, discusses Blue Heron’s design-build philosophy, wellness-driven living and the future of luxury homebuilding. “From day one, Blue Heron was built as a fully integrated design-build firm, architecture, interior design, outdoor experience design, wellness and construction under one roof, so a home’s vision never gets lost in translation between disciplines. Since Tyler Jones founded…
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Builder and Developer
 
Mortgage rates average 7.28%
According to Freddie Mac's Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 7.28% as of Oct. 1, 2026.  “With mortgage rates on their current trajectory, the housing market continues to be supported by favorable economic conditions,” said Sam Khater, Freddie Mac's Chief Economist. This is up from 7.03% the previous week. A year ago at this time, the 30-year FRM averaged 6.34%...
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Builder and Developer
 
 














 



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