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Completions of new rental apartments in the third quarter of 2002 was 10 percent below the 20-year quarterly average, an industry warning sign. Together, the East Los Angeles Community Corporation (ELACC) and the City of Los Angeles are helping turn low-income families into homeowners through the...
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The National Association of Development Organizations (NADO) Research Foundation conducted a series of focus group discussions with regional development organizations to determine the state of rural and small metropolitan brownfields. Group discussions across the United States helped determine the...
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The California Legislature has finally passed a construction defect law.
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A year ago, Beazer Homes USA and Crossmann Communities announced their plans to merge their national home building companies. Now, Beazer (fifth largest builder in Charlotte) and Crossmann (third largest builder in Charlotte) are combining their Charlotte, N.C., operations.
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An announcement by Fannie Mae and Freddie Mac has sweetened the money pot for home buyers and may help boost homeownership. At a conforming rate of 6.19 percent and a jumbo rate of 6.47 percent, the home buyer would save $21,186 in principal and interest over the life of the loan, a significant...
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After entering the Houston market last fall with the purchase of Parkside Homes, K. Hovnanian Enterprises has stepped up its market share by acquiring Houston's 11th largest builder, Brighton Homes.
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From 1994 to 2002, HIRI's Product Purchase Tracking Study polled established homeowners to determine where, and how, they got their information regarding home-related products.
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Home builders can expect to head back to the classroom. County officials have proposed new guidelines requiring prospective home builders to be licensed.
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Bruce Karatz, KB Home chairman and CEO, says he believes expanding into the Rio Grande Valley will enable the company to capitalize on the population explosion in the city of McAllen. The former president of Mulvaney Homes has partnered with two industry executives to launch Evergreen Home Builders...
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By taking a hand in the development of a luxury master planned golf course and country club community, Toll Brothers has entered its 22nd U.S. market: South Carolina. He said he anticipates local residents to be drawn to "the high amenity lifestyle" that is being offered.The remaining 755 lots that...