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Latest News
Builders highlight often-hidden costs of buying a foreclosed home - Los Angeles Times
Reporting from Orlando, Fla. ? Home builders are switching tactics and confronting head-on one of their biggest nemeses: foreclosed houses that not only lure buyers away with deeply discounted prices but simultaneously depress the appraisal values of ...
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Study: Demand for green home building and remodeling on the rise - Miami Herald
Here's some encouraging and not entirely surprisingly news from the housing front (and no, I'm not talking about the slow death of the McMansion): According to recently published findings from McGraw-Hill Construction's Green Home Builders and ...
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Home Building: 5 Markets Where the Action Is - Smart Money
New homes have been out of favor for years now, but some markets are starting to see signs of a home building recovery. The number of single-family homes under construction increased 1.5% in January to a seasonally adjusted annual rate of ...
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Home Depot Helps Build Rally As Dow Flirts With 13,000 - Forbes
The Dow Jones industrial average briefly breached the 13,000 level shortly before midday Tuesday, with retailer Home Depot among the components leading the way. Shares of the home improvement retailer rallied after fourth-quarter sales grew 5 ...
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Behind the Numbers: Home Builders ?Shaking off the Shackles? - Wall Street Journal
The apartment sector continues to fuel residential construction. Home construction last month increased 1.5% to a seasonally adjusted annual rate of 699,000 from December, the U.S. Department of Commerce said Thursday. The results, which beat ...
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Home builder optimism rises for fifth straight month - USA Today
The National Association of Home Builders/Wells Fargo said Wednesday that its builder sentiment index rose for a fifth straight month in February to 29, up from 25 in January. The index has climbed 15 points since September and is now at its ...
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Construction Jobs Rebound as U.S. Homeowners Increase Remodeling Projects - Bloomberg
Construction hiring is picking up as Americans invest in renovating their homes amid signs that the worst of the housing-market declines may be over. The number of people working in residential remodeling grew 5.8 percent in December to 250,700 ...
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New home construction rises 1.5 percent on budding apartment projects - Oregonian
Construction of single-family homes cooled off slightly in January after surging in the final month last year. But a rise in permits suggests builders are growing more confident that more buyers are ready to come off the sidelines. The Commerce ...
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Authorities investigate fire at Muslim funeral home construction site - Las Vegas Review Journal
A fire that destroyed a construction site for a planned Muslim cemetery and funeral home Wednesday morning was a disappointing setback for the local Islamic community. "Certainly the community was looking forward to it," said Dr. Aslam Abdullah, director ...
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Downtown L.A. building set to go from drug den to luxury inn - Los Angeles Times
A century-old brick apartment house and former drug den near Staples Center is slated to be reborn as a luxurious inn as demand for hotel rooms grows in downtown Los Angeles. The boarded-up building is a conspicuous ruin in a neighborhood ...
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