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Toll Bros. 2Q sales numbers fall 30 percent (Connecticut Post) Five Things You Need to Know: Themes Converge Into Possible Housing Solution (Minyanville via Yahoo! Finance) Homes for sale number rises to above 1m (Daily Telegraph) Remodeling business follows housing lower (MSNBC) Mortgage cos. reveal damage from housing crisis (AP via Yahoo! News) Housing inventory rises again in April (CNN Money) 6 signs of an economic rebound (Money via Yahoo! Finance)
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PHILADELPHIA (AP) — Investors scouring for hints of a housing upturn won't find much evidence in the second-quarter preliminary sales results of luxury-home builder Toll
There are several themes at play in today's Five Things that we believe could potentially converge into a singular, overarching housing solution.
More than one million unsold properties are on the market, as homeowners take the longest time on record to sell their homes.
The downturn in the housing market has dragged the remodeling sector with it. For many contractors, that means a sudden struggle to stay busy.
Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over.
The number of homes for sale was on the rise again in April, according to figures from Zip Realty, a California-based real estate broker.
By now you've had enough of the endless gloom in today's economic news: record oil prices, slower home sales, deepening loan losses, disappointing corporate earnings. What you're really looking for at this point are a few signs of hope.