Housing News



February 19, 2010

Market conditions for residential remodeling dropped during the fourth quarter of 2009 to 36.4 from 39.8 in the third quarter, according to the latest National Association of Home Builders’ Remodeling Market Index (RMI). The RMI measures remodeler perceptions of market demand for current and future residential remodeling projects, and any number below 50 indicates that more remodelers say market conditions are getting worse than report improving conditions.

February 17, 2010

Builder confidence in the market for newly built, single-family homes rose two points to 17 in February as favorable home buying conditions and signs of healing in the job market helped boost the National Association of Home Builders/Wells Fargo Housing Market Index.

February 16, 2010

After 18 months of not funding single-family loans, the Wisconsin Housing and Economic Development Authority (WHEDA) re-entered the affordable home loan market with the help of Fannie Mae. The WHEDA Fannie Mae Advantage is available beginning March 1st.

February 12, 2010

Lennar Corporation, one of the nation's largest homebuilders will pay the Federal Deposit Insurance Corp. $243 million for a stake in two loan portfolios. The transactions represent the purchase of two portfolios of loans with a combined unpaid balance of $3.05 billion.

February 11, 2010
February 10, 2010

One of every five U.S. home owners owed more on their mortgage than their home was worth in the fourth quarter, according to real estate website Zillow.com.

February 10, 2010

Pulte Homes posted a net Q4 loss of $117million, despite an upcoming $917-million  tax refund later this year, including $800 million from the net operating loss carryback allowance.

February 05, 2010

Beazer Homes USA today announced its financial results for the fiscal quarter ended December 31, 2009, including new orders from continuing operations of 728 homes, an increase year-over-year of 36.6%.

February 04, 2010

Real estate data provider Clear Capital announced national quarterly gains are achieved for the eighth straight month, pushing the yearly home price increase to 2.3%, while three of the four U.S. regions maintain positive quarter-over-quarter price returns.

February 04, 2010

The economic rollercoaster continues for landscape architecture firms, as firm leaders reported modest decreases in work and increases in hiring compared to the previous quarter.

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