Builder and Developer

Builder Media is a proud sponsor of the Building Industry Show (BIS) 2026. Presented by the Building Industry Association of Southern California (BIASC) at Renaissance Esmeralda Resort & Spa in Indian Wells, California, this show brings together the homebuilding industry for unparalleled networking opportunities, featuring renowned keynote speakers, fostering invaluable connections and much more.

In the September issue of Builder and Developer, Ilizaliturri discusses what sets Promontory HOMES apart Builder and Developer: Tell us the story behind founding Promontory Homes: Scott Ilizaliturri: Promontory HOMES’ roots run back to the earliest days of Promontory. It was the original construction arm of Promontory’s developer, referred to as the Cabins.

Private residential construction spending dipped again in July, marking the fourth consecutive month of decline. According to analysis of the U.S. Census Bureau’s latest construction spending data, the seasonally adjusted annual rate (SAAR) of spending was $859.0 billion in July. This is down 1.3% from the previous month’s estimate and down 7.3% year over year. Looking at each market, single-family construction spending decreased 3.2%.

Metabo HPT, a KOKI Group company, today introduced Cordless Pneumatics, a first-of-its-kind nailer category for North America, designed to deliver pneumatic speed in a cordless platform. Built for professional crews, Metabo HPT Cordless Pneumatic Nailers combine the speed, power and drive consistency Pros expect from pneumatic fastening and eliminates the hoses and compressors that have traditionally limited productivity on the jobsite.

Cross Creek West, a 1,258-acre master-planned community in Fulshear, Texas, announced the start of its north phase of development. With this next stage, the community is introducing new builders, David Weekley Homes, Toll Brothers and Partners in Building, who will offer 65-, 70- and 80-foot-wide homesites. The developer expects to add 250 homesites by the end of the year and over 3,000 homes at total build-out.

David Weekley Homes announced two new additions to its C-suite. The company’s first-ever Chief Marketing Officer, Julian Duncan and Adam Zylman joined the team as Chief Financial Officer. Both new hires are Rice University alumni with Houston roots. “Adam and Julian bring tremendous experience that will be valuable as we continue to grow David Weekley Homes,” said Jay Brown, Chief Executive Officer of David Weekley Homes.

According to new Redfin data, San Diego homes are selling faster than they did in 2025. The typical San Diego home has been in 32 days after being listed, eight days fewer than last year. Single-family homes are selling the fastest. “A desirable single-family home may draw competing offers, while a condo, townhouse or other attached property may sit longer because of higher HOA fees, insurance costs or upcoming assessments,” said Redfin principal agent Rebecca Roman Stevens.

Registration is now open for the 14th Annual Design & Construction Week (DCW). DCW includes the National Association of Home Builders’ (NAHB) International Builders’ Show® (IBS) and the National Kitchen and Bath Association (NKBA) Kitchen & Bath Industry Show (KBIS). The largest trade show for the residential design and building industry will take place from Feb. 2-4, 2027, at the Las Vegas Convention Center.

According to the Home Building Geography Index (HBGI), announced on Sept. 1, 2026, home building trends diverged across geographies in Q2. While single-family construction declined in nearly all geographic categories, multifamily construction expanded across six of the seven categories. Activity was increasingly concentrated in large metro cores and suburban counties.

The project enhances the constraints with single-level, open-concept living. With Picasso, Promontory’s thoughtful window placement takes advantage of the dramatic views of the landscape. Complemented by high-end finishes such as wide-plank wood floors, wool carpet and waterfall-edge stone countertops, it quickly became a buyer favorite. “We had to provide a compelling reason to buy new,” said Ilizaliturri.