News - Business - Home Building Industry News and Archive Information

William Lyon Homes Shrinks Loss

Company executives say the company is ready to start growing again.
Breaking News: Congress Extends, Expands Housing Tax Credit

House approves extension by vote of 402-12; buyers now have until June 30, 2010 to close on a home.
Congress giving homebuyers a $6,500 tax break

WASHINGTON - Buying a home is about to get cheaper for a whole new crop of homebuyers - $6,500 cheaper.
Building permits up again in Oct.: Housing prices, interest rates, tax credit all help

Nov. 5--Homebuilders in the Twin Cities filed 53 percent more building permits for residential construction in October than during the same...

Land

Florida Land Firm Partners With Builders

Company hopes partnerships with builders will help slow bidding wars for dirt.
Pulte-Centex Merger Nets Synergy Savings

Pulte, now the biggest builder in the country, increases its yearly savings estimates from $350 million to $440 million.
Pulte Homes posts $361.4M loss for Q3

BLOOMFIELD HILLS, Mich. - Pulte Homes Inc. lost $361.4 million in the third quarter, but with the acquisition of Centex Corp., the...

Feds Targeting North Florida Real Estate Fraud

Oct. 20--In the past two weeks federal prosecutors have charged at least eight real estate professionals with some type of mortgage fraud...
Building Information Modeling Promises to Improve Planning

A number of companies join forces to streamline their building planning process.
Now Marked Down: Dallas Mansions

Sep. 18--The French-style University Park house has limestone floors, a three-car garage, a swimming pool and guest quarters out back.

Fannie Mae seeks $15 bln in US aid after 3Q loss

WASHINGTON - Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as...
BofA says credit environment remains difficult

CHARLOTTE, N.C. - Bank of America Corp. on Thursday reiterated that the current credit environment will remain difficult into next year, as...
Looking for land in all the right places

LOS ANGELES - The housing bust left homebuilders with plenty of red ink on their books as they walked away from swaths of land they no...