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News

Big home builders not so green, study finds (The Palm Beach Post)
Americans may be trying to live greener these days, but none of the nation's biggest home builders has fully embraced sustainable design or construction, according to a study released Tuesday.

U.S. housing rebound is a long way off, industry leaders say (Dallas Morning News)
Don't look for a rebound in the U.S. housing market this summer. Economists and housing industry leaders meeting in Dallas this week predict it will be very late 2008 or into 2009 before the battered home market begins to recover.

Gov't washes hands off socialized housing fray (GMA News)
DAVAO CITY, Philippines - Vice President Noli de Castro admitted Friday that the government is helpless over the mounting complaints of owners of low cost housing against the Balikatan Housing Financial Inc., a subsidiary of the Germany-based Deutsche Bank.

Residential Web Site Grows Despite Absence of Big Names (The New York Sun)
Listings are increasing at ResidentialNYC.com eight months after its launch, even though two of the city's largest brokerage firms are not yet participating. The free Web site, which is funded by membership fees and is a competitor to the online classified listings of the New York Times, provides access to condos, co-ops, townhouses, and homes for sale and rent. With 5,000 listings from 75 ...

House passes major housing rescue bill (Washington Post)
WASHINGTON (Reuters) - The U.S. House of Representatives on Thursday approved legislation to create a $300 billion mortgage-insurance fund and provide billions more in homeowner aid to stabilize a housing market shaken by a wave of foreclosures and a credit crunch.

HBA elects chairman for new commercial builders group (Orlando Business Journal)
The Home Builders Association of Metro Orlando kicked off its latest committee for commercial builders by naming its inaugural chairman, the organization announced Wednesday.

National Association of Home Builders honors Atlanta's Ron Terwilliger (Atlanta Business Chronicle)
The National Association of Home Builders has put Atlanta developer Ron Terwilliger in the National Housing Hall of Fame.

Housing aid bills face vetoes by Pres. Bush (USA Today)
The House on Thursday passed a massive homeowner rescue plan to provide cheaper, government-backed mortgages to half a million debt-ridden borrowers and bolster an economy crippled by the housing crisis.

County home sales slide 19.5 percent in April (The Olympian)
Sales of Thurston county single-family homes and condos slipped 19.5 percent in April compared to the same month last year while the inventory of homes for sale increased slightly in the same period, Northwest Multiple Listing Service reported today.

U.S. House passes major housing rescue bill (Reuters via Yahoo! News)
The U.S. House of Representatives on Thursday approved a bill to create a $300 billion mortgage-insurance fund and provide billions more in homeowner aid to stabilize a housing market shaken by a wave of foreclosures.

Santa Clara earmarks $3 million for affordable housing (BizJournals)
The County of Santa Clara Board of Supervisors will allocate about $3 million in federal funding for several housing-related programs and community service programs.

Contractor's Probation Reduced In Tampa Housing Bribery Case (The Tampa Tribune)
TAMPA – A building contractor who admitted taking bribes from former city housing chief Steve LaBrake has been released early from his probation sentence.

Vacant homes for sale reach a record 2.28 million (Richmond Times-Dispatch)
WASHINGTON -- The percentage of vacant homes for sale reached a record high in the first quarter, the government said yesterday. The Census Bureau reported that 2.9 percent of U.S. homes, excluding rental properties, were vacant and up for sale, compared with 2.8 percent in the fourth quarter of 2007. It was the highest quarterly number in data going back to 1956.

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