IBS 2025 Show Home: Applying the Finishing Touches
The New American Home 2025 is nearly complete, as the build team at Sun West Custom Homes prepares the flagship exhibit for its unveiling at the International Builders’ Show (IBS) in Las Vegas, Feb. 25-27.
Juggling last-minute changes and coordinating final installs for such a high-profile show home can create a heightened level of stress for the build team, says Stephanie Osborn, the project’s interior designer. However, the hard-working team is pushing the project toward the finish line with several weeks to spare before the Builders’ Show.
“This thing is a fast-moving freight train,” said Mark Schlachter, superintendent at Sun West Custom Homes. “So we’ve got 80-100 people [working a total of] about 800 man hours a day, between 10-12 hours we’re working every single day.”
Among the countless innovative features in the 2025 show home, there are a few that Schlacter is certain will catch the eye of those who take a tour. He notes a unique garage door system, a floating staircase and a see-through glass floor that looks into the underground wine cellar as some of his favorite elements.
Registered 2025 IBS attendees can tour the home during the show via complimentary shuttle buses departing every half hour from the Las Vegas Convention Center (LVCC). Shuttle bus tickets will be distributed each morning on a first-come, first-served basis from The New American Home booth located in the Central Hall of the LVCC beginning at 7:30 a.m.
NAHB was on site last month to interview Schlachter and Osborn, and to capture the latest footage of the home’s progress. Watch the video below:
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Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on U.S. treasury bond yields, a key factor in mortgage rates.
According to NAHB’s most recent member census from 2025, approximately two-thirds of NAHB’s total members are Associate members. These members include those involved in a wide range of support industries and professions including, trade contractors, manufacturers, retailers/distributors, designers, and architects.
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Mortgage application activity declined as the 30-year fixed mortgage rate rose sharply. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, decreased 7.7% month-over-month in September on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were lower by 35.4%.
Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on the U.S. treasury yields. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.86% in September, up nearly 20 basis points (bps) from August.
In 2025, around a quarter of new homes were built with a two-story foyer, slightly up from 2024, according to data obtained from the Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB.