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News
Hidden Lake Receives Award from National Association of Home Builders (Business Wire via Yahoo! Finance) Homes for sale number rises to above 1m (Daily Telegraph) Housing posts surprising rebound in April (AP via Yahoo! News) Sonoma County home sales rise for first time in two years (The Santa Rosa Press Democrat) Demand for social housing 'to soar' (AFP via Yahoo! News) Home builders grow more pessimistic in May (USA Today) Web site adds Orlando home info (Orlando Business Journal) Home builders grow more pessimistic in May (USA Today) Housing woes lure back bold buyers (The Christian Science Monitor via Yahoo! News) Governor defends agreement with home builders (The Yuma Sun)
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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.
More than one million unsold properties are on the market, as homeowners take the longest time on record to sell their homes.
Construction of new homes posted the biggest increase in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades.
Home sales increased 13 percent in April, compared to a year ago. It marks the first year over year increase in home sales since September 2005. But prices are continuing to drop, falling 22 percent from a year ago.
The number of people on social housing waiting lists could rise by up to one million by 2010 because of the credit crunch, the Local Government Association warned Friday.
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.
Roost.com on Tuesday announced it has added information on homes for sale in the Orlando and Tampa markets.
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.
The depressed housing market is now attracting buyers who look at boarded-up homes, rising foreclosures, and falling values and see, not disaster, but a rich opportunity.
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.