Ernst and Young

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Builders Hopeful About Next Two Years Builders Hopeful About Next Two Years

According to a recent survey by Ernst & Young, a vast majority of home builders see improvement on the horizon. Read more

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Delinquencies, Writeoffs for Construction and Development Loans Rise Again

More than 13% of all construction and development loans are more than 90 days past due at FDIC institutions, whose REO inventory is growing. Read more

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Hope, Uncertainty Dominate BUILDER 100 Conference Opening

Country’s biggest builders convene in Chicago to discuss sales trends, first-time home buyer, tax credit, and who’s likely to survive the housing downturn. Read more

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Pros and Cons of Obama's Budget for Builders

The propsed tax budget and already-approved stimulus package offer a mix of good and bad for the home building industry. Read more

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Stimulus Offers Limited Tax Help to Builders

Companies with revenues below $15 million can carry back losses for five years; other firms may want to research benefits of ‘debt forgiveness’ clause included in stimulus. Read more

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Cheaper Land Sparks Free-For-All in Some Markets

But investors and developers still think prices could go lower as builders liquidate assets for tax gains. Read more

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