Housing Data

Housing Data

• The Builder 100: A Deep Dive

  A revealing look into the Builder 100 results, including an analysis of historical trends.

• Beazer Files 1st and 2nd Quarter Financials

  Late filing shows Atlanta builder recorded a $138 million loss in Q1 and $230 million in Q2.

• Builders Feel Glum

  Traffic, sales expectations down in May.

• Foreclosures Climb

  More than 243,000 properties received foreclosure filings in April.

• FBI: Mortgage Fraud “Escalating Problem”

  Agency says reports about suspicious transactions jumped 31 percent last year; slumping housing market is perfect for many scams.

• Avatar Reports First Quarter Loss

  The Coral Gables, Fla.–based company lost $556,000, or $0.07 cents per share, in the quarter ended March 31, it reported.

• Builder CEOs Sound Off On Industry

  Not a rosy outlook, say home building execs at BUILDER 100 Conference.

• Pending Home Sales Slip Again

  Home loan availability a factor, according to real estate agents and buyers.

• Fannie Mae Loses $2.2 Billion in 1Q

  Mortgage giant forecasts national home price declines between 7 percent and 9 percent for 2008

• WCI Revenue Plunges 59.5 Percent; Company Reports $84.1 Million Loss

  CEO Jerry Starkey calls it "a very tough and very disappointing quarter" for Florida-based builder.

• D.R. Horton Reports $1.3 Billion Loss in Q2

  Texas-based builder plans to conserve cash, and build through land holdings.

• Barratt American Trolls for New Financing

  A weak housing market leaves the California-based builder strapped for cash, and without a bank to turn to.

• Weyerhaeuser Loses $148 Million

  Company leader Dan Fulton says housing downturn has had a "devastating impact" on the forest products company's overall performance in 2008's first quarter.

• Centex Loses $2.66 Billion in FY2008

  Builder closed more than 27,000 homes last year, plans to continually evaluate its assets for best return in current market.

• Zelman: False Hope

  A hard look at market factors refutes seemingly optimistic signs.

• Buy Local

  Not all housing markets are created equal. Educate the media and consumers about local conditions.

• Builder 100: Painful Year

  Though many small builders closed their doors with little fanfare in 2007, public builders were in the national news on a weekly basis for slashing prices, losing money, or blaming the media and mortgage industry for the industry’s fall.

• Modular & Manufactured Homes: Choppy Waters

  After working through nearly a decade of downturn, the factory-built housing sector now finds itself swamped by the same factors that sank single-family builders in 2007.

• Multifamily 50: Lap of Luxury

  Despite the credit crunch and broad economic woes, top multifamily builders are sitting pretty.

• Fed Slices Rates 1/4 Point

  Federal funds rate now stands at 2 percent.