According to a recent survey by Ernst & Young, a vast majority of home builders see improvement on the horizon. More
More than 13% of all construction and development loans are more than 90 days past due at FDIC institutions, whose REO inventory is growing. More
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. More
The propsed tax budget and already-approved stimulus package offer a mix of good and bad for the home building industry. More
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. More
But investors and developers still think prices could go lower as builders liquidate assets for tax gains. More
