Economic Conditions

Economic Conditions

• Metro Detroit Struggles To Get Off The Mat

  Some builders say the seemingly moribund market just keeps fighting back.

  BUILDER September 25, 2009

• Economic Insight: Prepare for Sharp Increase in Home Starts

  Builders will soon need to replace inventory, even if demand for homes remains relatively stable.

  BUILDER September 24, 2009

• Illinois-Based Kirk Homes Loses Battle to Survive Bankruptcy

  A Chicago judge rejects the builder’s reorganization plan, which its largest lender opposed.

  BUILDER September 22, 2009

• Utah Home Buying Grants Score Home Run

  The state uses federal stimulus money to spur sales of new homes.

  BUILDER September 16, 2009

• New Builder Starts Up With Notable Ownership Pedigree

  TOUSA’s former chief Tony Mon partners with two South Carolina-based developers and two Beazer execs to launch Citizens Homes.

  BUILDER September 14, 2009

• Another Builder Could Escape Bankruptcy Soon

  Last-minute changes to Kirk Homes’ reorganization plan meet lenders’ demands about getting repaid.

  BUILDER September 14, 2009

• Caruso Homes Poised to Leave Bankruptcy

  With reorganization plan approved, Maryland builder will move forward taking down lots and building out communities for investors.

  BUILDER September 09, 2009

• Hovnanian CEO Remains Optimistic Despite $168 Million Loss in 3Q

  Ara Hovnanian: 'The land market is slowly starting to thaw.'

  BIG BUILDER September 08, 2009

• Market Recovery Looks Like a 'W' Shape

  Economists are suggesting that the housing market will slip again before the real recovery begins.

  BUILDER September 08, 2009

• Bumpy Housing Recovery

  The housing recovery is coming but it will be a bumpy ride.

  BUILDER September 02, 2009