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News

Governor defends agreement with home builders (The Yuma Sun)
Phoenix - Gov. Janet Napolitano is defending an agreement she made with home builders to take them off the financial hook for new road construction in exchange for a campaign contribution to the cause and a separate political deal.

Hidden Lake Receives Award from National Association of Home Builders (Business Wire via Yahoo! Finance)
RALEIGH, N.C.----Hidden Lake, a community near Wake Forest, N.C., has received the prestigious "Green Project of the Year" Award from the National Association of Home Builders. Representatives from Crescent Communities, the developer of Hidden Lake, accepted the award at a ceremony in New Orleans on Sunday.

Home Builders group gathers, has auction (The Index-Journal)
Lakelands Home Builders Association made donations to state Sen. Billy O’Dell’s election campaign, as well as to G. Frank Russell Career Center. From left, front row, are O’Dell (District 4), Robby Corley and Wayne Hannah. Back: Mark Nix and Chuck Graves.

April report shows 811 homes for sale in Cowlitz County (The Daily News)
The number of Cowlitz County homes for sale in April reached its highest level in recent memory, but home sales have started rebounding after a slow start this year, according to a Northwest Multiple Listing Service report released Monday.

Home builders grow more pessimistic in May (USA Today)
Home builder sentiment fell for the first time in four months in May, edging closer to the record low set in December, as market conditions continued to worsen, an industry group said Thursday.

Economic Report: Home builders see no improvement in May (Market Watch)
U.S. home builders see no signs of improvement in the housing market after a disappointing start to the spring selling season, the National Association of Home Builders reports.

Futures rise on housing data, energy companies (Reuters via Yahoo! News)
Wall Street looked set to round out the week on a positive note on Friday as stock index futures got a boost from a surprise rise in housing starts and a new record in oil prices lifted shares of energy companies.

Customer Service (Brandon Sun)
TORONTO - New listings of homes for sale on the Multiple Listing Service in major markets in Canada reached their highest level ever in April thanks to Toronto and Saskatoon, the Canadian Real Estate Association reported Wednesday.

Web site adds Orlando home info (Orlando Business Journal)
Roost.com on Tuesday announced it has added information on homes for sale in the Orlando and Tampa markets.

CREA reports record number of new MLS residential listing in April (Canadian Business)
Eric Shackleton, The Canadian Press May 14, 2008 - 5:51 p.m. TORONTO - New listings of homes for sale on the Multiple Listing Service in major markets in Canada reached their highest level ever in April thanks to Toronto and Saskatoon, the Canadian Real Estate Association reported Wednesday.

Economy - Tuesday (Investor's Business Daily via Yahoo! News)
The median sales price in metro areas fell 7.7% vs. a year earlier to $196,300, the worst since records began in 1979, the Nat'l Assoc. of Realtors said. Soaring foreclosures have reduced the value of nearby properties, said NAR chief economist Lawrence Yun. Prices fell in 100 of 149 U.S. cities, led by Calif.'s Sacramento, San Bernardino and Riverside. Also, homes for sale rose by 40,000 in ...

CNY home builders support 1,700 jobs (The Post-Standard)
As a group, Central New York home builders employ more people that most of the area's major manufacturers more than Welch Allyn, L & J.G. Stickley or Anheuser-Busch.

Home Builders Association endorses Lenthall, Ovitt and Arnold (The San Luis Obispo Tribune)
Supervisor candidates Jerry Lenthall, Harry Ovitt, and Debbie Arnold have won the endorsement of the Home Builders Association of the Central Coast in the June 3 election. Incumbents Ovitt and Lenthall and challenger Arnold “recognize that meeting the housing challenges of today and tomorrow requires balancing competing interests and making sure that we really plan for and meet the current and ...

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