Subprime Bailout May Be Coming Soon (BUILDER Online) The Treasury Department asks industry coalition to come up with a "systematic approach."
Consumer Spending Slows (BUILDER Online) Turmoil in the housing and credit markets isn't helping.
Foreclosure Activity Increases 2 Percent in October (BUILDER Online) Filings are up 94 percent from October 2006.
Builder Allegedly Runs Marijuana Farms (Palm Beach Post) A family-owned home building business allegedly financed and maintained a network of marijuana grow houses that led to the arrest of 20 people in St. Lucie County, Fla., arrest records show.
U.S. Investigates Countrywide Fees (Los Angeles Times) The mortgage lender is subpoenaed over charges to homeowners in bankruptcy.
October Construction Spending Tumbles (Associated Press/Yahoo! News) Construction spending tumbled a surprisingly steep 0.8 percent in October as the crumbling housing market led to a huge decline in private home building, a Commerce Department report shows.
Affluent Buyers Bolster Toll Brothers' Prospects (BUILDER Online) Builder is banking on a "flight to quality" when market turns.
New-Home Sales in October Rebound Slightl (BUILDER Online) Boosted by a sharp downward revision to September figures, sales increase 1.7 percent.
Existing-Home Sales Drop Below the Five Million Mark (BUILDER Online) October's 1.2 percent dip is a new record low.
Bankruptcy Judge Allows Lenders to Take Back Properties (BUILDER Online) Levitt and Sons is granted permission to walk away from 4,000 lots.
Hovnanian Looks to Past to See a Brighter Future (BUILDER Online) Builder's CEO cites causes for optimism, when comparing current downturn with past housing recessions.
After Six Corrections, Centex's CEO Knows the Ropes (BUILDER Online) Centex's Tim Eller says the builder specializes in "taking advantage of the cycles."
Standard Pacific Says No to Chapter 11 (BUILDER Online) Company CEO says bankruptcy rumors are just speculation.
Pulte Homes Sticks to Its Plan (BUILDER Online) Builder's focus remains on strengthening its balance sheet.
Hallmark Communities Expands Fire Rebuild Program (BUILDER Online) From past experience, this San Diego builder learned that even desperate buyers want product choices.
Tomnitz: Foreclosures Will Make 2008 Worse Than 2007 (BUILDER Online) D.R. Horton sees rough times in '08, but says builders can compete effectively against existing homes.
Beazer Homes CEO: "We're Managing Through the Issues" (BUILDER Online) McCarthy expects 2008 to be another tough year.
Ryland CEO Looks Forward to Stability in Mortgage Market (BUILDER Online) Chad Dreier won't say when, but he sees subprime and alt-A loans fading away.
Home Prices Drop 4.5 Percent (BUILDER Online) S&P Index shows a record annual decline in existing single-family home prices.
Builders are Poised to Rebuild After Southern California Fires (BUILDER Online) Too early to tell full impact of weekend fires in Malibu.
Median Home Price Continues to Fall (BUILDER Online) NAR report also says prices are up in the Northeast and Midwest.
Blog: Financial Whipsaws (BUILDER Online) Agree or disagree with the thoughts of BUILDER Editorial Director Boyce Thompson.
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Take the BUILDER Poll (BUILDER Online) What is the average square footage of the homes you build now?
From the Pages of BUILDER: Bright Spots (BUILDER Online) In a down market, smart design moves can mean the difference between a stellar seller and a dud. Check out more from the current issue of BUILDER.
Robb Crocker is the senior editor for BUILDER Online. Please e-mail any comments, questions, suggestions, and news tips to rcrocker@hanleywood.com.