PCA Economist Sees Tepid 2010 Housing Recovery Sullivan challenged the optimistic views of the National Association of Realtors, the Mortgage Bankers Association and the National Association of Home Builders
Fewer U.S. homeowners expect the value of their homes to decline in the year ahead, but they also believe gains are unlikely, according to a new survey from Thomson Reuters/University of Michigan.
Lennar Enters Atlanta Market
The homebuilder’s Southeast Region currently operates communities in Florida, South Carolina, North Carolina, Maryland, Pennsylvania and Virginia. Georgia will become the 17th state Lennar builds homes in nationwide.
D.R. Horton Returns to Profitability
Homebuilder D.R. Horton Inc. today reported a profit for the first time since 2007 with a gain of $192 million in the first fiscal quarter, compared with a loss of $62.6 million in the prior-year period.
High Unemployment Levels Put Housing on Slow Growth Track
The end of the economic recession along with the continuation of low mortgage interest rates and stabilizing housing prices will result in growth in the nation's housing market this year.
Survey Uncovers What Consumers Think About Being Green
The study, conducted on its behalf by Harris Interactive, found that while finances are top of mind and consumers are still on the hunt for a good bargain, many are unwilling to compromise; searching until they find the right product at the right price.
Cost-Effective Green a Trend to Watch
The key to the mainstreaming of green is to make sure that consumers understand the value of green upgrades – and exactly how cost-effective that sustainable construction can be in the long run
The Retirement Homes of Tomorrow Here’s a look at key trends that are taking hold among all housing consumers, but seem to be particularly evident among the 55+ crowd.
Private Equity Funds Move to Bankroll Builders More than a dozen investment funds and a handful of lenders held court at the International Builders’ Show this year, receiving a throng of home builders looking for a financial lifeline. Here’s a sampling of the types of deals private equity investors were floating.
Economic Downturn Blamed on Middle Class A new analysis by the McKinsey Global Institute lays blame for the global debt crisis on middle-class consumers. McKinsey researchers are suggesting there's more trouble ahead.
New Mortgage Rules Geared to Help Borrowers As of Jan. 1, lenders are required to use a set of new documents that are designed to help borrowers fully understand the terms of their mortgage. Here’s a look at the new changes.
