Housing News



Harvard University Joint Center for Housing Studies, state of the housing market
June 06, 2011

After three consecutive years of record-low construction levels, the vigor of the recovery in housing now hinges on a return of demand, according to the State of the Nation’s Housing report released this morning by the Harvard University Joint Center for Housing Studies. The key obstacles to a return in demand, say Harvard researchers, are the lingering consequences of the recession and financial crisis.

kb home, lennar, largest builders in california, california builders, shea homes
June 04, 2011

With more than 1,900 closings in California in 2010, KB Home tops Professional Builder's ranking of the top 30 home builders in the Golden State. The builder, which ranked No. 5 on PB's national Housing Giants list, had 1,910 closings in California to top the list. Lennar had 1,753 closings in 2010 to take the No. 2 spot on the list.

census housing data, housing market, rental market, home owner, homeownership
May 31, 2011

In the aftermath of the nation's housing-market collapse and recession, more than 500 midsize and large cities have seen a rise in the share of homes that are rented rather than owned, according to Census data.

home prices, S&P/Case-Shiller Home Price Index, housing market, u.s. housing mar
May 31, 2011

Home prices nationally declined by 4.2 percent in the first quarter of 2011 after having fallen 3.6 percent in the fourth quarter of 2010 and have now regressed to their mid-2002 levels, according to the S&P/Case-Shiller Home Price Index released this morning. As of March 2011, 19 of the 20 metro areas covered by the index were down compared to March 2010 (Washington, D.C., was the lone bright spot), and 12 metro areas posted new index lows in March.

rental market, housing market, rental housing
May 26, 2011

A new class of renters is expected to bring a bright spot to the troubled U.S. real estate market. Prices for rental apartments are expected to rise nationally by approximately 4.5 percent in 2011 and up to another 3 percent in 2012, according to Fortune.com. Paying more to the landlord might be bad news for renters, but it could indicate that better days are ahead for the overall housing market.

toll brothers, housing market, residential building, building earnings
May 26, 2011

Toll Brothers reported that revenues and home building deliveries of $319.7 million and 591 units rose 3% in dollars and 9% in units in this second-quarter compared to FY 2010′s second-quarter results.

dominon, louisville, residential, residential building, louisville housing
May 26, 2011

Dominion Homes Inc. is creating a new residential community in the Louisville, Ky., market by splitting bank-owned lots with another builder, according to bizjournals.com.

May 24, 2011

Sales of newly constructed homes were up in April, beating most economists' expectations

LEED, green home, platinum LEED, green, eco-friendly
May 23, 2011

KB Home has revealed its ultra-green luxury condo complex in west Los Angeles. The 52-unit Primera Terra development is the production builder’s first LEED Platinum-certified project and features a number of high-performance amenities, including tankless water heaters, energy-efficient windows, and an energy monitoring system.

foreclosure, housing market, real estate market, foreclosed homes, buyer outlook
May 23, 2011

Many American buyers are interested in buying a foreclosure, but there are too many distressed properties for buyers to absorb them all – and the numbers of properties in stages of foreclosure affect the overall market, according to Forbes.com.

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