Sep 10th 2010 10:32AM
Chalk it up to the protracted housing slump: The leading home builder in the southeast won't be erecting any more houses. Charlotte, N.C.-based Simonini Builders has announced it will be closing operations by the end of the year. One of the best-known luxury home builders in the nation, Simonini was awarded Builder... Continue Reading »
Jul 6th 2010 4:15PM
Santa Monica has some of the strictest laws in California regarding affordable housing, including rent control and inclusionary housing laws (I'll explain more in a minute). However, the Santa Monica Daily Press details how JSM Construction -- builder of much of Santa Monica's downtown housing -- did not build the 52... Continue Reading »
Feb 17th 2010 5:20PM
That roar you heard last month was the sound of builders pounding nails and digging the foundations of new homes, which they did at a faster rate in January than any other time in the last year. Housing starts rose to a seasonally-adjusted annual rate of 591,000 per year in January, according to the U.S. Census. That... Continue Reading »
Nov 19th 2009 9:00AM
Rueters reported yesterday that the U.S. inflation is edging up and housing starts are falling. The sharp fall of new home construction last month may show lingering weakness in the economic recovery. The Commerce Department reported yesterday that housing starts dropped 10.6 percent, or 529,000 rental units were built... Continue Reading »
