NEW YORK (Reuters) - Pulte Homes Inc PHM posted a smaller quarterly loss on Wednesday, but said buyer confidence remained shaky. The second-quarter loss narrowed to $158.4 million, or 63 cents per share, from $507.6 million, or $2.01 per share, a ...
By Helen Chernikoff NEW YORK (Reuters) - Lennar Corp LEN, the second-largest U.S. home builder, on Thursday reported a bigger-than-expected quarterly net loss as deliveries and new orders tumbled, sending its shares down nearly 5 percent. The net loss narrowed to $120.9 million,...
American Home Mortgage Plunges 87 PctAn investor who reads annual reports: The builders are the biggest lendersFor those who really do not have the time to read building company annual reports, here is a bullet list of tidbits that all will find interesting, particularly in light of today's mortgage environment:1. Joint...
Online Builder-Buyer Matchmaker Now One of the Largest Real Estate Listing Syndications to Showcase New Homes and Condo Communities Worldwide SAN FRANCISCO -- James Uberti, Vice President of Sales and Business Development for First Release Homes, Inc., announced today the company has expanded its real estate syndication. This...
Seasoned Nonprofit Executive to Expand Leading Construction Industry Group PRINCETON, N.J. -- The Construction Financial Management Association CFMA announced today that Peter Schwartz has been named President and CEO. Schwartz joins CFMA with more than 25 years of experience in the trade association and non-profit realms. ...
Urges Policyholders to Sign and Return the WHITE Proxy Card TODAY ATLANTA, July 14 /PRNewswire/ -- Builders Insurance a Mutual Captive Company today announced that it has mailed the following letter to all Builders Insurance policyholders from Allen Richardson, Chairman of the Board, and Patrick Mitchell, President...
BRIDGEHAMPTON, N.Y. -- Hamptons Luxury Homes (OTCBB:HLXH) today announced that two employees of its wholly owned subsidiary, Telemark, Inc., have been awarded the Certified Green Professional designation from the National Association of Home Builders. Tim Dalene and Robert Morsch, both of Telemark, Inc. have completed the educational requirements and have...
The city's new green building policy may cost some developers more money, but it is designed to curb climate change, improve people's health and boost the local economy, according to city officials. The policy would establish a "feebate" system that requires developers and single-family home builders to...
Talking Rock, a luxury master-plannedcommunity of Prescott area custom homes , received a Gold Nugget GrandAward at the 45th annual Pacific Coast Builders Conference last week onJune 26, 2008, in San Francisco. The oldest and largest program of itskind, Gold Nuggets honor creative achievements in architectural design andland use...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/3760b2/property_derivativ) has announced the addition of the "Property Derivatives: Pricing, Hedging and Applications" report to their offering. Property derivatives have the potential to revolutionize real estate -- the last major asset class without a liquid derivatives market. The new instruments offer ease...
WASHINGTON -- The National Association of Home Builders NAHB today applauded the Senate for voting overwhelmingly to pass badly needed housing stimulus legislation and called on the House to move quickly to complete action on the bill to address the faltering housing market and economy. "The Senate action...
WASHINGTON -- Jerry Howard, executive vice president and CEO of the National Association of Home Builders NAHB, today issued the following statement: "Fundamental analysis and statements from top federal government officials point out that the hysteria in the markets regarding the viability of Fannie Mae and Freddie Mac...
LEADING ARTICLE HOUSING Construction companies and first-time home-buyers are emerging as some of the chief victims of the current credit squeeze, and yesterday's decision by the Bank of England to hold interest rates for another month offered no cheer to either. Both, unsurprisingly,...
LI builders hammer for charity Long Island home builders have teamed up to do what they do best, with a twist: building homes for charity. Long Island Builders Care, a nonprofit group formed by the Long Island Builders Institute, built two homes for...
Crawford Renovation is lead by, Ben Crawford, a nationally recognized Graduate Master Builder and Certified Graduate Remodeler as certified by the National Association of Home Builders. Crawford Renovation is the largest Award-Winning, Full-Service Residential Architectural Design - Build Renovation Firm, headquartered in Houston, Texas. Offering Services in Three Categories: Architectural...
Portland's housing market may have slipped substantially this year, but luxury home builders that will be showcased in the Home Builders Association's Street of Dreams tour next month say they're managing to avoid the fallout. This year's featured street, Southeast Scotts Summit Court, curves 960 feet to...
Widgetbox announces major upgrades to its custom gallery builder, providing easy access to more than 70,000 widgets SAN FRANCISCO, July 10 /PRNewswire/ -- Widgetbox, the world's first and largest widget community, today announced new features and increased support for its Custom Galleries by Widgetbox. Custom Galleries allow...
CHICAGO -- King's Court Builders and Sharing Connections Furniture Bank are proud to present the first annual King's Court Builders Showcase Homes Tour. The two King's Court Builders Showcase Homes are located in Naperville and Elgin, IL. The public is invited to tour these homes July 31st -...
DALLAS, July 10 /PRNewswire-FirstCall/ -- The Board of Directors of Centex Corporation has declared a regular quarterly cash dividend of $0.04 per share of the Company's common stock. Dividends will be payable on Aug. 20, 2008, to shareholders of record at the close of business on July 30,...
The City of Portland and the Home Builders Association of Metropolitan Portland are looking for home builders to participate in their Green Building Pilot Project, which is set to start late this summer. HBA and the city's Bureau of Development Services have been working to design a...
