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WCI Communities put in years of hard work and political savvy to jump-start a South Florida community tainted by bankruptcy and Chinese drywall.
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The latest data from Dallas-based Axiometrics shows that multifamily permits were on the rise in October in almost all major metros in the United States, but the biggest gains were felt in smaller cities like Charlotte, N.C. and Jacksonville, Fla.
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The lackluster pace of improvement, however, points to problems in underlying factors, one economist says.
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Starts were down in July due to sagging single-family activity.
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Harvard’s Joint Center sees momentum building after a soft first half of 2012.
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The more volatile multifamily sector registered mixed performance in June.
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Housing permits rose to the highest level seen in nearly four years.
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Single-family permits were also up, while multifamily permits retreated from March’s surge.
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Starts, on the other hand, declined for the second consecutive month.
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While single-family starts were down in February, permit activity was at the highest level seen in years.
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Almost a third of the areas that appeared on last month's index were disqualified in March.
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January’s report was influenced by better-than-normal weather.
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Single-family numbers were also up in November, a sign that the sector may finally be coming up from the bottom.
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In October, permits came in at the highest level seen in 19 months.
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The multifamily market’s dramatic jump in starts was tempered by fewer permits, leaving the direction of the housing market about the same.
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While multifamily's permit numbers were the third highest in the last 30 months, single-family permits logged the 12th lowest number on record.
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While multifamily housing has achieved an upward trend, the improvement in the single-family sector is still small and unreliable.
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Beazer Homes USA is the most recent production builder to settle with the U.S. Environmental Protection Agency over allegations that the company violated stormwater discharge rules across the country. The Atlanta-based company has agreed to pay a $925,000 penalty and implement a compliance program...
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Wharton’s Bluff receives National Green Building Standard recognition for avian habitat preservation.
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Robert Rivinius says that keeping development moving forward in California was his group's greatest challenge and accomplishment.