Bob Toll: Issue is Confidence
Toll Brothers CEO Bob Toll offered some candid observations on the housing industry this morning, urging more government action to inject some confidence in the market.
Categories: Industry News
Fed Chief: Banks Should Do More
WASHINGTON -- Federal Reserve Chairman Ben Bernanke said Tuesday that the deepening U.
Categories: Industry News
NAHB Leaders Want More Federal Policy Changes to Boost Housing
National Association of Home Builders (NAHB) CEO Jerry Howard Tuesday in a conference call with reporters called on the federal government to save housing and the U.
Categories: Industry News
Pulte CEO Advocates Tax Credits for Home Buyers
The chief executive of Pulte Homes says his company is aggressively lobbying federal lawmakers to craft a second stimulus package that would directly benefit the housing industry by offering tax credits to home buyers.
Categories: Industry News
FBI, ATF Rule Out Explosive Device In Street of Dreams Arson
The fires that burned five "Street of Dreams" luxury show homes in Woodinville, Wash.
Categories: Industry News
HomeAid to Assist Wounded Veterans
Genette Eaton remembers the hardships faced by veterans returning from the Vietnam War and is determined that it doesn't happen again with veterans coming home from Iraq and Afghanistan.
Categories: Industry News
Proposal Aims to Protect Subprime Borrowers: Spitzer's Legislation Requires Lenders to Give Notice Before Taking Action, Targets Foreclosure Scams
Mar. 4--ALBANY -- Gov. Eliot Spitzer plans to introduce a bill today intended to help subprime borrowers statewide who are at risk of losing their homes.
Categories: Industry News
Proxy Firm Urges "No" Vote on Toll Executive Compensation Plan
A leading proxy advisory firm is recommending that Toll Brothers shareholders vote against a proposal that would ensure that the company's top three executives would receive cash incentive awards even as the company is losing money.
Categories: Industry News
Ecoterror Link Eyed in Wash. Fires
WOODINVILLE, Wash. - Fires gutted four multimillion-dollar model homes in a Seattle suburb on Monday, and authorities found a sign purportedly left by eco-terrorists that mocks claims that the homes were environmentally friendly.
Categories: Industry News
Money Spent on Single-Family Homes Continues To Fall
Single-family construction spending fell by more than 5 percent for the third straight month, as money spent on new homes dropped to $233.
Categories: Industry News
Construction Spending Dives in January
WASHINGTON - Construction spending took its biggest nosedive in 14 years and manufacturing activity contracted, fresh trouble signs for a struggling economy.
Categories: Industry News
Builder Blocks: The Week in Review
Ryland stays the course; Georgia's PlyMart fights for survival; Mizel suggests government take a break from trying to manipulate economy; Wet areas go greener and leaner; Kimball Hill to exit florida market.
Categories: Industry News
Ryland Stays The Course
For a company that lost $334 million last year, The Ryland Group sounds awfully confident about its business model.
Categories: Industry News
Hovnanian Weathers Downturn
Forget about profitability and reasonable margins in 2008.
Categories: Industry News
Georgia's PlyMart Fights For Survival
Twenty-four months ago, PlyMart, the pro dealer based in Norcross, Ga.
Categories: Industry News
Mizel Suggests Government Take A Break From Trying To Manipulate Economy
Larry Mizel, chairman and CEO of M.
Categories: Industry News
Wet Areas Go Greener and Leaner
Consumers are keen on green kitchen and bath products, but demand for high-end appliances and many luxury features appears to be waning in the face of less than exuberant market conditions, according to the most recent Home Design Trends survey by the American Institute of Architects.
Categories: Industry News
Kimball Hill To Exit Florida Market
Illinois-based Kimball Hill Homes disclosed yesterday that it would exit the Florida market, its smallest, over the next 10 months.
Categories: Industry News
Centex CEO Kicks Off Wachovia Conference
Centex chairman and CEO Tim Eller outlined the six elements of a market trough this morning to kick off the Wachovia Home Building and Building Products Conference in Las Vegas.
Categories: Industry News
