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Private home builders draw on 2011 insights to drive momentum into 2012.
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Big Builder grades the performance of the 13 largest publicly held builders in the country.
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Last year's market share was the highest in a decade for the Builder 100–ranked companies.
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As unemployment worries ease, more buyers are at least kicking the tires again.
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Public home builders come closer to profitability while reporting improved sales and orders.
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M.D.C. turned a profit and showed some signs of a turn around.
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The builder managed to narrow its quarterly losses.
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After a stellar first quarter, the builder is looking ahead to more communities in the pipeline.
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Record foreclosures and unprecedented home devaluations may have tarnished homeownership, but the desire to own a home remains strong.
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But economists and analysts cite many factors that could impede growth.
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David Weekley Homes reenters the Phoenix market with the acquisition of the bulk of local builder T.W. Lewis' lots. Plus, a look at the markets where the biggest builders' volume and share might not add up to good operating leverage.
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KB Home's impressive 40% year-over-year order growth during its fiscal third quarter had industry analysts during a related earnings call Friday asking what the company was doing right to achieve those gains even as its profitability slipped. (Click
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I've been thinking more about my blog post from last week on the continued tightness in the mortgage markets and how those constraints have been driving a steady increase in all-cash purchases of homes since 2007. In fact, in February and March 2011, those transactions, as a percentage of all known...
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Hovnanian Enterprises, Inc., Red Bank, N.J. (NYSE:HOV) on Wednesday announced a series of private offerings to exchange $220 million in senior notes with maturities ranging from 2015 to 2017 for new 2.00% senior secured notes due 2021.
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The National Association of Realtors' Pending Home Sales Index (PHSI) took a turn downward in August, falling 1.2% to 88.6 from 89.7 in July but remained 7.7% ahead of August 2010. The Realtor group said the decline was due to "mixed" regional results, driven down by a decline in the Northeast...
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Little more than a week and change remains before the loan limits on mortgages eligible to be purchased by the GSEs or insured by the FHA reset Oct. 1. Despite a clarion call from the NAHB and other industry groups like the NAR to lobby for an extension of the current higher limits, the efforts may...
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KB Home, Los Angeles (NYSE:KBH) on Friday reported a net loss of $9.6 million (-$.13 per diluted share) for its fiscal third quarter ended August 31. The results, which included $1.2 million in impairments, a $7.5 million reversal of warranty claims charges and a $2.5 million charge to deferred tax...
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J.P. Morgan home-building analyst Michael Rehaut on Thursday downgraded the stock of Hovnanian Enterprises (NYSE:HOV) to "underweight" from "neutral"and that of KB Home (NYSE:KBH) to "neutral" from "overweight." At the same time, Rehaut upgraded Standard Pacific (NYSE:SPF) to "neutral" from...
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The Federal Reserve's Open Market Committee on Wednesday voted 7 to 3 in favor of 'Operation Twist' in an attempt to "put downward pressure on longer-term interest rates and help make broader financial conditions more accommodative," according to the committee's statement. Stock markets, which had...
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Sales of existing single-family, coop and condominium homes rose 7.7% to a seasonally adjusted annual rate of 5.03 million in August from an upwardly revised 4.67 million in July, 18.6% higher than the pace of August 2010 and well ahead of the 4.75 million pace expected by Wall Street...