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Housing Giants eAlert

Home Mortgage Rates Set to Move Higher Next Spring
30-year fixed mortgage rates could jump as much as 100 basis points next spring when the Federal Reserve Board stops buying mortgage backed securities from the federal housing finance agencies.

Tax Credit Extension to Give Housing Recovery a Boost
New home construction has been holding steady since the spike experienced in June. Reed Construction Data Chief Economist Jim Haughey tells us that a resumed housing recovery is expected around year-end.

Housing Giants eAlert

Housing Giants' Q3 Report Round-Up
A look at third quarter results for the nation's largest home builders

17 of 20 Metros Show Home Price Increases
S&P/Case-Shiller releases August 2009 results

Tax Credit Spurs Jump in Existing-Home Sales
September existing-home sales jumped 9.4 percent to an annualized pace of 5.57 million, the highest total in two years. Jim Haughey, chief economist for Reed Construction Data, analyszes the report.

Features

Homeowner Files Class-Action Lawsuit Against Texas' KB Home
Lawsuit charges national price-inflation scheme to defraud consumers

Nevada, Arizona Experience Largest Declines in Construction Jobs, AGC Reports
Construction workers continued to suffer dramatic job losses as all but one state saw declines in construction employment this October compared to last year, according to an analysis of new state-by-state employment figures released today by the federal government.

The Average Distance Traveled by Appraisal-Management-Company-Assigned Appraiser Is 13 Miles, Associations Finds
The typical driving distance traveled by independent appraisers, retained by the nation's largest appraisal management companies (AMCs), averages 13 miles in urban and suburban areas this year, according to a new survey conducted by the Title/Appraisal Vendor Management Association (TAVMA).

KB Home Names John Reeves President of Washington, D.C., Metro Division
KB Home, one of America's premier home builders, today announced that John Reeves has been named president of the Company's Washington, D.C. Metro division, which includes the states of Maryland and Virginia.

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Editorial Blogs

November 20, 2009
EPA Deadline for Lead Paint Comments One Week Away
Don't forget, you've got only one week left to get your comments into the E... More

November 19, 2009
Consortium Aims to Build 12,000 Affordable Homes in Two Years
The American Sustainability Initiative (AmeriSus for short) recently announ... More

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