Giants

Giants Top Stories

Rising Foreclosure Rate Restrains Housing Starts Recession has replaced 2004-2006's bad underwriting and fraud as the principal driver of home foreclosures, Reed Construction Data's chief economist, Jim Haughey, tells Housing Giants. This means that the foreclosure count will continue to rise even though the absolute number of foreclosures continue to decline.

Breaking News From Housing Giants

Summer housing recovery still expected despite small declines in confidence, home prices Prices rise in 4 of 10 largest metro areas

AIA Design Trends Survey Says Smaller Home Size, Volumes Housing downturn and growing interest in containing energy costs result in smaller home size and volumes with strong preference for outdoor living options and accessibility

Architecture Billings Index Shows That Business Hasn't Improved New-project inquiries high, but don't translate into work

Housing Giants Edge Closer to Profitability, Second-Quarter Earnings Show Many reporting lower inventory levels, sales increases

Local Market Monitor Releases Top 10, Bottom 10 Housing Markets Several Texas cities take top nods; many California cities rated low

New-Home Sales Virtually Flat in May May sales of new single-family homes held even with the previous month, declining less than one percentage point to a seasonally adjusted annual rate of 342,000 units

[View All]

Industry News

• Home Buyers Just Got Younger
  Forget mooching off mom and dad, eating Ramen noodles in a studio apartment or disappearing for months to backpack through Europe. Evidence in the California market shows that today's 20-somethings are settling down and snatching up homes in growing numbers, attracted by rock-bottom prices and huge tax incentives.
• Builders Cut Cost by Cutting out Basements
• Proposals Call for Expanding Housing Tax Credit
• Home Builders Foresee a Senior Housing Boom

[View All]