The vast majority of floor trusses in homes are made with wood, at least in part due to its strength, light weight, cost efficiency and ease of installation. Engineers at the Massachusetts Institute of Technology are taking an alternative approach. The research team is exploring the use of another building material – one that they…
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Commodity price volatility – driven by slow demand and tariff fallout – has sharply increased the cost of building materials. The single most significant factor driving Q4 2025 commodity prices was aggressive tariff implementation: Steel: 50% tariffs (implemented June 2025) Aluminum: 50% tariffs (implemented June 2025) Copper: 50% tariffs on products/components (August 2025) Lumber: 35.2%…
Chief strategy officer Kevin Ryan says Pennymac’s proposed acquisition of Cenlar does not follow the same rationale as recent acquisitions in the mortgage industry. “This deal is not a backdoor way to grow our origination business,” Ryan said in an exclusive interview with HousingWire. “We set a strategic plan two years ago when we said…
The Real Estate One Family of Companies has entered into a partnership with the Welch Real Estate Team — expanding its presence in southeast Michigan and northwest Ohio. Founded in 2021, the Welch Real Estate Team includes more than 40 real estate professionals who provide residential brokerage services across the region, assisting with home purchases…