Rottlund Co. Copyright Infringement Case Settles (BUILDER Online) It took nearly six years, but a copyright infringement lawsuit brought by The Rottlund Co. against Town & Country Homes (a subsidiary company of Hovnanian Enterprises) and the architecture firm Bloodgood Sharp Buster Architects & Planners of Iowa Inc. settles for an undisclosed amount of money.
Wall Street May Become the Target of Lawsuits (CNN Money.com) Court filings show numerous recent cases related to the troubled mortgage market. Homeowners are suing lenders; shareholders are suing collapsed mortgage companies; investors in complex mortgage securities are starting to sue big Wall Street banks; those investment banks are turning around and suing the mortgage companies.
D.R. Horton Report Says Orders are Down 40 Percent (BUILDER Online) The Texas-based builder is the third big public builder to report big sales losses.
RealtyTrac: Foreclosure Activity Drops 7 Percent in June (BUILDER Online) Despite a 7 percent drop from May levels, June rates are still up 87 percent year over year.
European Government Bonds Stay High as U.S. Housing Market Concerns Continue (Forbes.com) European government bonds remain high as warnings from two leading credit ratings agencies of a potential crisis in the US housing market continue to dominate flows to the relative safety of the bond market.
Housing Refuses to Cool...in Canada (ReportonBusiness.com) Canada's housing market confounds forecasters again by roaring ahead in June, setting new monthly and quarterly records for sales activity, new listings, and average prices.
A Toxic Buildup in a Slumping Housing Market (MSNBC.com) Homebuilders are fighting the shrinking demand by adding more supply.
Home Prices Expected to Rebound in 2008 (MSNBC.com/Associated Press) The National Association of Realtors say prices of existing and new homes are expected to bounce back next year after a dreary 2007.
The Home Depot Lowers 2007 Expectations (Yahoo News/Associated Press) The Home Depot, the world's largest home-improvement store chain, cites continued weakness in the housing market and the sale of its wholesale distribution business as it issues a bleaker-than-expected financial outlook for the year.
Subprime Housing Woes Rekindle Fears for U.S. Economy (Yahoo News/AFP) Fresh troubles in the subprime segment of the U.S. housing market have reignited fears of contagion that could affect the broad financial sector and possibly the broader economy, analysts say.
Calculating Your Carbon Imprint (BUILDER Online) An online carbon calculator allows builders to estimate and reduce greenhouse gas emissions produced during construction on a per project basis.
Free Web Seminar (BUILDER Online) What is green building? Join industry trainer Mark LaLiberte to learn more about sustainable construction and other green issues.
Special Report: The Mortgage Mess (MSNBC.com)
Blog: Success Stories (BUILDER Online) Agree or disagree with the thoughts of BUILDER Editorial Director Boyce Thompson.
BUILDER Business Update (BUILDER Online) A weekly e-mail newsletter with breaking industry news on the business of building homes. Sign up for the BUILDER Business Update and other Hanley Wood newsletters.
Take the BUILDER Poll (BUILDER Online) What is the most common objection you hear from perspective buyers?
Robb Crocker is the senior editor for BUILDER Online. Please e-mail any comments, questions, suggestions, and news tips to firstname.lastname@example.org.