Affluent consumers' attitudes toward the economy are looking up, but they still want value from their purchases and are more focused on living within their means. More
Current CEO Herb Allison reportedly is the frontrunner to run Treasury’s bailout efforts. More
But a more conservative approach to mortgage lending has insulated builders and banks from the battering American companies have experienced. More
Builders, attorneys, and lobbyists call for banks to stop forcing defaults so they can get at builder assets. More
Fannie and Freddie go federal, J.D. Power releases builder customer service ratings, and residents of Henry Ford's old neighborhood fight back against foreclosures. More
Lot liquidations by big builders drive down finished lot values in Southern California. More
After tumultuous weekend, central bank is expected to cut borrowing rate again tomorrow. More
THE FIRST CASUALTIES OF THE HOUSING industry's downward slide have started to emerge. The biggest case so far is East Brunswick, N.J.–based Kara Homes, the industry's 127th largest builder in sales last year, which on Oct. 5 filed for bankruptcy protection from 1,000-plus creditors. More
