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News

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.

Home builders to carry more costs from defect lawsuits (Las Vegas Business Press)
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.

Housing inventory rises again in April (CNN Money)
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.

Mortgage cos. reveal damage from housing crisis (AP via Yahoo! News)
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.

6 signs of an economic rebound (Money via Yahoo! Finance)
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.

Home builders grow event (London Free Press)
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.

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 ...

Del Sur Takes National Honors for Green Construction (San Diego Business Journal)
Del Sur was named Mixed Use Development of the Year by the National Association of Home Builders during its annual Green Building Awards ceremony May 11 in New Orleans.

Home builders back off opposition to trust land reform (The Arizona Republic)
Arizona home builders, who have repeatedly given the death blow to conservation efforts, have agreed to let a state trust land reform initiative move forward without a fight.

Housing Prices Tumble in Two-Thirds of U.S. Cities (Update1) (Bloomberg.com)
May 13 (Bloomberg) -- Housing prices fell in two-thirds of U.S. cities in the first three months of the year as a rise in foreclosures depressed property values and home sales tumbled 22 percent, the National Association of Realtors said.

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