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Builder Magazine: Latest News
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The Information Source for the Home Building Industry
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Toll Brothers Buys High-End Community For Bargain-Basement Price
Luxury builder snaps up lots, golf course, and more in exclusive Raleigh development that had fallen into foreclosure.
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Snowbirds Migrate For Florida Spring Home Selling Season
Builders are reporting traffic is up in some Florida markets, yet challenges remain.
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California?s First Passive House Remodel Moves Towards Completion
Project team thinks this kind of construction could be the state?s answer to meeting its greenhouse gas reduction goals.
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Compromise reached on Maryland stormwater pollution rules
Mar. 9--Builders, environmentalists and government officials have reached a compromise in a looming legislative fight that threatened to weaken Maryland's new storm-water pollution rules, they said Monday.
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Neighborhood near former munitions factory dealing with chemicals, declining home values
Families already reeling from news that their health might be imperiled by dangerous chemicals seeping from a defunct DuPont munitions factory may now have something else to worry about: declining property values in their Passaic County neighborhood.
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Developer sues FDIC over stalled condo project; Simpson Organization wants lien removed or funding of loan resumed
Mar. 9--The developer of the stalled Cigar Factory renovation, mired in the failure of a Georgia bank, has fired a legal volley against the government agency that seized the lender and cut off the project's financing.
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More local homeowners faced mortgage trouble in January
Mar. 9--More homeowners in the region have fallen behind in their mortgage payments or are facing foreclosure.
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North Texas home sales drop again
Mar. 9--North Texas home sales dropped 5 percent in February, the third month in a row that sales by area real estate agents were down from a year ago.
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Capital-hungry small business owners see 'disconnect' with lenders
For small-business owner Skip Gronauer, the quest for capital continues.
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California legislators vote to extend tax relief for home short sales
Mar. 9--Legislation to prevent the state from taxing forgiven mortgage debt cleared the state Assembly early Monday, offering potential tax relief to thousands of Californians who lost their homes in 2009.
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Projects hinge on tax credit changes: Current law limits pool of investors
Mar. 8--Mention an upstate city, and chances are good Steven Weiss knows of a development there that's on hold or, even worse, at risk of dying.
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Sacramento removes family from moldy rental home
Mar. 8--Bugs crawl in and out of the gaps in the window frames and under doors.
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City officials: More interest shown by developers in downtown project
Mar. 8--DERBY -- More developers are taking an interest in the long-stalled downtown redevelopment project, city officials said last week.
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Pima County, Ariz., housing starts in January nearly twice those of last January
Housing starts got off on a stronger footing this year in Pima County, with nearly twice as many permits taken out this January compared with last.
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Orleans Homebuilders gets financing approval
BENSALEM, Pa. - The developer Orleans Homebuilders Inc. said Friday that it has received approval from a Delaware bankruptcy court for financing to continue operating after filing for Chapter 11 protection.
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Buffalo sells high-end houses at deep discounts to encourage East Side revitalization
Mar. 8--Just a short distance east of downtown Buffalo, a few blocks away from neighborhoods pocked with vacant lots and boarded-up buildings, you'll find Sycamore Village.
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$2,000 tax credit for new hires advances in Idaho House
The House Revenue and Taxation Committee voted unanimously to advance a measure that would offer Idaho companies a $2,000 tax credit for new hires who make more than $35,000 per year and receive health insurance.
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Effort to rebuild blighted Buffalo, N.Y., neighborhoods is hurt by foreclosures, falling home values
Mar. 7--Buffalo spent $30 million over the past quarter century to help people buy homes they couldn't otherwise afford as part of the city's attempt to rebuild blighted communities.
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Baltimore home sales' rise is first since '05
Mar. 7--Falling home prices have transformed many properties from asset to albatross, but there's hope yet for those looking to sell: Nearly two-thirds of the Baltimore region's ZIP codes saw sales increases last year, the first time since 2005 that buying didn't slump across the board.
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Treasury restates support for Fannie, Freddie
WASHINGTON - The Treasury Department was forced Friday to reiterate its financial support for Fannie Mae and Freddie Mac after a key lawmaker rattled investors by pointing out that their debt does not enjoy the explicit guarantee of the federal government.
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