Industry News
September 21, 2010
Almost three quarters of Americans give home buying the thumbs up, from 64 percent in a Fannie Mae survey conducted in January.
September 21, 2010
Lennar Corp, the third-biggest homebuilder in the United States, reported a higher-than-expected quarterly profit and a decline in orders that was less severe than Wall Street had feared.
September 21, 2010
Mortgage performance statistics showed an acceleration of U.S. home loan delinquencies entering the foreclosure process in August 2010, according to Jacksonville-based Lender Processing Services' latest First Look Mortgage Report, derived from a...
September 19, 2010
Congress should extend increased loan limits on mortgages backed by Fannie Mae and Freddie Mac that are set to expire at year end, according to the powerful chairman of the House Financial Service Committee Democratic Rep. Barney Frank of...
September 19, 2010
Although the recovery of the U.S. housing market appears to have stalled in many areas of the country, customer satisfaction with new-home builders has improved for a third consecutive year.
September 18, 2010
Analysts have lowered estimates for a recovery in the housing market between next year and 2014.
September 18, 2010
Approximately 1.8 million taxpayers claimed a total of almost $12.5 billion in first-time homebuyer credits in 2009. More than 950,000 taxpayers will be required to repay the credits.
September 18, 2010
Simonini Builders of Charlotte, NC announced that it would discontinue its home building and renovating operations.
September 18, 2010
A new program allows government agencies and their partners to have exclusive purchase rights on foreclosed homes before families, investors and the rest of the private market is allowed to bid.
September 18, 2010
Who can design a home with the lowest carbon footprint? That’s the challenge being presented by APA in the Florida Carbon Challenge, a design competition to take place throughout Florida in November and December, 2010.
September 18, 2010
Fulton Homes announced that beginning October 1, all of their homes will be built to meet Energy Star New Homes Version 3.0 (also known as Energy Star 2011) standards.
September 18, 2010
A report from real estate research firm RealtyTrac Inc. said there were 1,629 Hawaii August foreclosure filings, which eclipsed the prior record of 1,534 in December.
September 18, 2010
Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis. In all, banks repossessed 95,364 properties last month, up 3 percent from July.
September 18, 2010
Mortgage finance giants Fannie Mae and Freddie Mac could cost the government $53 billion through 2020 or save the government as much as $44 billion, depending on the accounting principles used.
September 18, 2010
In its September economic outlook, Freddie Mac expects third quarter new and existing home sales to reach an annualized rate of 4 million, a possible 20.7% decline from last year and 23% drop from the previous quarter.
September 18, 2010
The slide in U.S. home prices may have another three years to go as sellers add as many as 12 million more properties to the market. Shadow inventory is preventing prices from bottoming after a 28 percent plunge from 2006.
August 31, 2010
Home builders that focus on increasing customer satisfaction also get more referrals.
August 23, 2010
Construction began recently on Aria Denver, an $80 million co-housing project in Colorado. It is the only co-housing community planned in the Denver.
August 15, 2010
In a major victory for affordable housing, sound science and more sensible regulations, the U.S. Environmental Protection Agency has been forced to withdraw a key portion of new storm water management regulations for builders and developers and...
April 16, 2010
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 626,000, 1.6 percent above the revised February estimate of 616,000 and is 20.2 percent above the March 2009 rate of 521,000, according to data just released from...
