News

Recovery Watch

• Boomers and Millennials Drive Demand for Smaller, More Economical Homes

  Webinar explores value engineering strategies for today's smaller households and cash-strapped buyers.

• Single-Family Construction Spending Grows For First Time in 40 Months

  But multifamily, weakened by too much building during the boom and too little credit now, slides 7.2% in June.

• Economists Predict Home Building Will Recover in 2010

  Construction economists warn builders to brace for higher prices for building materials next year.

• Brookfield Homes Nearly Breaks Even in 2Q

  Fairfax, Va.-based builder sells stock to pay off debt.

• Meritage Plans Profits in 2010

  Public builder says that constructing smaller houses faster, cheaper, and on less expensive lots is the key to profitability.

• Case-Shiller: May Home Prices Show First Broad-Based Gain in Nearly Three Years

  With a 4.1% increase, Cleveland posts strongest monthly performance among index’s 20 cities.

• Will Case-Shiller Post a Gain Tuesday?

  Morningstar analyst bets that release of May figures for popular home price index will show improvement.

• Tax Credit Gives The Fischer Group a Boost

  Cincinnati-area builder reports best quarterly sales since 2007.

• William Lyon Sells 13 Homes in 15 Minutes

  Potential buyers show up four hours early for the grand opening of Ivy in the Villages of Irvine.

• D.R. Horton Introduces New Home Series in Colorado

  Launched over the Fourth of July weekend, the 'Freedom' group of patriotically named plans targets renters and other entry-level buyers.