Now that the home buyer tax credit party is over, home builder CEOs say they're glad it's gone while bracing themselves for a slower 2010 second half. More
Extension of net operating loss carry-back provision to five years are returning millions of dollars to public builders, some of which are using the money to buy land at bargain prices. More
Builder reports $127.2 million in earnings for 4Q 2009, which reflects a $142.6 million tax refund. More
The move by the famously land conservative parent company of Richmond American Homes may signal a market bottom. More
Builder posts 18% margins in 2Q, outshining its peers. More
But housing executives speaking at Credit Suisse conference predict downturn will produce opportunities for land and market share gains. More
Fix Housing First' will call on legislators to pass another stimulus package to assist home buyers and stabilize the economy. More
Experts see a moderate decline in rates before yearend but note that the fundamentals still point to continuing malaise in the housing market. More
M.D.C. Holdings, Inc., parent of Richmond American Homes, today reported a second quarter net loss of $106.1 million, or $2.32 per share. Total revenue for the second quarter of 2007 was $716.7 million, compared with revenue of $1.23 billion for the same period in 2006, a revenue loss of 41.7 percent. More
