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Remodeling business follows housing lower (MSNBC) Housing Prices Tumble in Two-Thirds of U.S. Cities (Update3) (Bloomberg.com) Flint gaffe reveals ministers' fears of housing slump (Independent) Housing inventory rises again in April (CNN Money) Home builders grow event (London Free Press) Home Builders Association endorses Lenthall, Ovitt and Arnold (The San Luis Obispo Tribune) Home builders to carry more costs from defect lawsuits (Las Vegas Business Press) Five Things You Need to Know: Themes Converge Into Possible Housing Solution (Minyanville via Yahoo! Finance)
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The downturn in the housing market has dragged the remodeling sector with it. For many contractors, that means a sudden struggle to stay busy.
May 13 (Bloomberg) -- The median price for a single-family home in the U.S. dropped 7.7 percent in the first quarter, the biggest decline in at least 29 years, as values tumbled in two- thirds of U.S. cities, the National Association of Realtors said.
House prices are set to fall by 5 to 10 per cent "at best" this year – but ministers have no idea how badly the market could slump, according to confidential cabinet documents accidentally revealed by the Housing minister, Caroline Flint.
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.
Not just any event can fill the Lamplighter Inn's Crystal Ballroom to its capacity, but the London Home Builders' Association did just that last Thursday when it paid tribute to the outgoing president and welcomed its new president.
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 ...
Homes in Nevada could end up costing even more as a result of a precedent-setting federal court decision giving insurance companies the right to seek reimbursement from their insured builders for money paid out to settle lawsuits.
There are several themes at play in today's Five Things that we believe could potentially converge into a singular, overarching housing solution.