In Maine, a house on a meadow, a hill, the water, all reference local typologies and local landscape through a modern lens.
The annual idea home co-sponsored by BUILDER and the NAHB celebrates its 30th year with a truly unique approach to luxury living.
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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 monthly report on economic activity, the so-called Beige Book, reported continued expansion at a modest pace in August, though several of the 12 districts were mixed or slowing, the Fed said Wednesday.
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The Federal Housing Finance Agency's monthly House Price Index fell 0.3% in January from December to a reading of 186.5, a drop of 3.9% from January, 2010, FHFA said Tuesday. The previously reported 0.3% decline in the December index also was revised downward to a decline of a full percentage...
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In Don Tomnitz's book, coming close doesn't count for much. That's what the D.R. Horton president and CEO told analysts today during an earnings call following the release of the company's fiscal first quarter results. With a singular focus on achieving profitability, losing $0.06 a share, or $20.4...
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As Fannie Mae and Freddie Mac dig deeper into mortgage underwriting in an effort to mitigate loan losses, risk could be growing for builders' mortgage affiliates. Increasingly over the past few quarters, the GSEs have been forcing banks to take back bad mortgages after loan document reviews reveal...
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The economy was still growing in August, though not quite as robustly as it had been earlier in the year, the Federal Reserve's monthly "Beige Book" report on business conditions nationwide said Wednesday. "Reports from the twelve Federal Reserve Districts suggested continued growth in national...
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Builders were not very bullish in July, less bullish than they have been since the original home-buyer tax credit was first introduced. The National Association of Home Builders/Wells Fargo Housing Market Index(HMI) retreated to a reading of 14 in July, down from a downwardly revised 16 for May. It...
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The Federal Reserve's report on Current Economic Conditions, the so-called Beige Book, reports positive results from the first-time home buyer tax credit but cites concerns that the market could stall if the credit expires as scheduled on Nov. 30.