May 17th 2012 11:30AM
Rick Judson, owner of Evergreen Development Group, recalls the bottom of the housing crisis when home construction had plunged by more than 80 percent in some states, and many builders had either lost their jobs or were barely hanging onto them. Well, good news, he says: For many builders, those days are over. "The life... Continue Reading »
Mar 2nd 2012 12:45PM
WASHINGTON -- He predicted the tech-stock collapse. He foresaw the housing bust. So naturally, everyone wants to know what Robert Shiller thinks of today's stock prices, now perched at a four-year high. Or about the direction of home prices. Keep your hopes in check. Shiller is disinclined these days to offer specific... Continue Reading »
Jan 26th 2012 10:00AM
LOS ANGELES -- Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed. Despite the decline, foreclosures still represented 20 percent of all homes sold in the July-September period -- about four times more than at the... Continue Reading »
Jan 20th 2012 11:50AM
WASHINGTON -- Home sales rose in December to the highest pace in nearly a year. The gain coincides with other signs that show the troubled housing market improved at the end of last year Still, sales remain depressed and ended 2011 well below healthy levels. The National Association of Realtors said Friday that sales... Continue Reading »
Jan 19th 2012 11:20AM
WASHINGTON -- Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the year lifted hopes for a recovery. In December, builders broke ground on a seasonally adjusted annual rate of 657,000 homes, the Commerce... Continue Reading »
