Housing Intelligence

News
Builder Magazine: Latest News
The Information Source for the Home Building Industry
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. Snowbirds Migrate For Florida Spring Home Selling Season Builders are reporting traffic is up in some Florida markets, yet challenges remain. 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. 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. 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. 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. 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. 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. Capital-hungry small business owners see 'disconnect' with lenders For small-business owner Skip Gronauer, the quest for capital continues. 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. 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. Sacramento removes family from moldy rental home Mar. 8--Bugs crawl in and out of the gaps in the window frames and under doors. 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. 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. 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. 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. $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. 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. 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. 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.

Intelligence

Opinion

Information