House Sales Gain (BUILDER Online) -- March new-home sales make a small jump but are still well below 2006 totals.
Pulte, Beazer, Ryland Have Losses on Land Write Downs (Bloomberg.com -- Pulte Homes, Beazer Homes USA, and The Ryland Group report quarterly losses as the deteriorating housing market forces them to write down the value of property and abandon land purchases.
Existing-Home Sales Hit Lowest Level Since 1989 (BUILDER Online) -- Subprime mortgage collapse and bad weather blamed for fall; analyst calls report "soft."
GM's Lutz Says Mortgage 'Meltdown' Hits Auto Sales (Yahoo News/Reuters) -- The crisis in the U.S. mortgage market has hurt U.S. auto sales this month, General Motors Corp. Vice Chairman Bob Lutz claims.
Video: New Numbers on Home Sales (ABC News) -- There is no relief for real estate agents in the housing market.
Beazer Hires New CFO (New Mexico Business Weekly) -- Allan P. Merrill will become executive vice president and CFO for Beazer beginning May 1. He joins Beazer from Move Inc., where he was executive vice president of corporate development and strategy.
A New Shade of Green in D.C. The Washington Post) -- After construction of The Alta at Thomas Circle, a northwest Washington, D.C., residential building, began in 2004, developer PN Hoffman added green details to the building: a green roof, appliances that use 10 percent to 50 percent less energy and water, floor-to-ceiling windows that make turning the lights on during the day unnecessary, and bicycle racks to keep people from using their cars.
Video: Stocks vs. Real Estate (CNN) -- Money magazine's Eric Schurenberg answers the question, where is the best place to put your money long term?
A Growing Interest in Composite Decks (The New York Times) -- Composite decking, a manufactured product that uses ground wood combined with plastic, is growing in popularity as an easy-care alternative to traditional treated wood.
U.S. House Prices Slide As Property Glut Grows (Real Estate Journal) -- Tighter credit and a growing glut of properties are depressing an already weak U.S. housing market, wrecking the industry's hopes for an early rebound.
Massachusetts Governor Proposes Mortgage Fraud Law (The Boston Globe) -- Addressing Massachusetts' rapidly escalating number of home foreclosures, Gov. Deval Patrick is proposing tougher enforcement and penalties in the mortgage markets, including criminal prosecution of lenders and brokers who fraudulently induce borrowers to take out home loans.
Home Sellers Offering Extraordinary Incentives (Reuters/Boston.com) -- Granite countertops don't cut it now; buyers are being offered motorcycles, tickets, and more.
Ryan Homes Introduces Three Affordable Home Designs in Amherst, N.Y. (The Amherst Record) -- The new Sienna, Florence, and Venice plans feature resource-efficient design and construction that allow Ryan Homes to offer these three- and four-bedroom homes in desirable communities at extremely affordable prices.
Tulsa Home Builder Responds to Energy Costs and Concerns with Energy Star Standards (PR Web) -- PMC Homes, a Tulsa home building company, has made a commitment to the community and the environment by following the Energy Star program guidelines in every home it builds.
U.S. Housing Slump Hits Home (Los Angeles Times) -- As construction jobs drop off, immigrant workers' families south of the border are feeling the pinch.
Avalon, Fla., Home Builder is Booked on Charges (Herald Tribune.com) -- Joseph Pufta, the 62-year-old former CEO of a home building company that abandoned 50 home sites in North Port after taking money for construction work that was never completed, has turned himself in to authorities.
Anaheim Defies Disney on Resort (OC Register) -- The council votes 3-2 in favor of a proposal for affordable housing in Anaheim, Calif., Resort area.
Home Sales and Consumer Confidence Slide (Associated Press/Yahoo News) -- The economy provides a sobering reminder that consumers are jittery and the housing market is still a major cloud over growth.
Countrywide Sees Healthy Market by 2009 (Yahoo News/Reuters) -- Countrywide Financial Corp. CEO Angelo Mozilo on Tuesday said he expects the U.S. mortgage market to show improvement in the middle of 2008 and to be "very healthy" for the largest U.S. mortgage lender in 2009.
Special Report: The Mortgage Mess (MSNBC.com)
Special Report: Subprime Mortgage Crisis (Bloomberg.com)
Steve Zurier's Tech Blog (BUILDER Online) -- BUILDER magazine's Senior Editor for Technology asks, "Aren't there some builders who can't sleep at night who want to ramble on about technology?"
Boyce's Blog: Location, Location, Location (BUILDER Online) -- Boyce Thompson, the Editorial Director of BUILDER, tells how the markets for some projects sell four, five, and six times faster than others. The answer in almost every case is a strong location.
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Robb Crocker is the Senior Editor for BUILDER Online. Please e-mail any comments, questions, suggestions, and news tips to email@example.com.