Greetings!

Last Friday’s Annual DVBA Golf Tournament was a fantastic day on the greens, with the rain holding off and allowing everyone to enjoy great company and plenty of good times throughout the course.

We would like to extend a big thank you to all our sponsors, prize donors, and volunteers whose support and enthusiasm helped make the event such a success. We’re gathering all the highlights, and you can look forward to a full photo recap in next Tuesday’s newsletter.

And as we roll into the holiday season, don’t forget to save the date for our Holiday Party and Installation of the Board of Directors on Wednesday, December 3rd at The Classic Club. We hope to see you there!

Sincerely,

James Brownyard

Executive Director

Upcoming Events

Latest Industry and Legislative News

Unchanged Lending Conditions for Residential Mortgages in Third Quarter

According to the newest Senior Loan Officer Survey, mortgage lending conditions were largely steady in Q3, while the Fed’s recent rate cuts may offer some relief for private home builders. CRE lending also remained mostly unchanged, with only slight tightening in construction and development. 

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Changes at this agency signal a pro-building shift

Three new pro-development appointees at the powerful Coastal Commission are trying to remedy its poor reputation among housing activists and Democratic leaders.

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Remodeling Gaining Larger Share of Residential Construction Market

As the nation’s housing stock ages and new homes remain out of reach for many buyers, remodeling is capturing a growing share of the residential construction market.

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