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News

Home builders slow to embrace green development, report says (BizJournals)
Some of the nation's largest home builders could find themselves out in the cold before long, a emerging trend that has nothing to do with the nationwide housing slump. The cause, according to Bethesda-based Calvert Group Ltd., is elemental -- environmental, to be more precise. (NVR) (HOV) (MDC) (SPF)

Housing projects lose loophole, city and county pay (BizJournals)
The city and Mecklenburg County have crafted an unusual subsidy for affordable housing projects that covers unpaid taxes totaling $2.8 million after the communities were found to have taken advantage of a loophole that didn't exist.

Man dies in housing complex fire (Worcester Telegram & Gazette)
LUNENBURG - A 53-year-old man who apparently was smoking near his oxygen tank died Saturday night in a three-alarm fire at the Pearl Brook Housing Complex, 131 White St.

April report shows 811 homes for sale in Cowlitz County (The Daily News)
The number of Cowlitz County homes for sale in April reached its highest level in recent memory, but home sales have started rebounding after a slow start this year, according to a Northwest Multiple Listing Service report released Monday.

Moms Become Home Builders For Habitat For Humanity (FOX 2 News St. Louis)
Dozens of St. Louis moms got a head start on mother's day, Saturday, cutting wood and driving nails. They were part of the "Women Build Initiative"; turning everyday moms into home builders for Habitat for Humanity. Yolanda Frazier never knew she had it in her: building things, first of all, let alone owning her own house. "Right now I'm on a section 8 program," said Frazier, working on several ...

Local Real Estate Newsmakers (The News-Press)
• Gulfshore Life Magazine and Crescendo Business Services surveyed recent home buyers, magazine subscribers and industry experts to find the best...

Housing costs are rising. And reports say New Mexico incomes are not keeping pace. (BizJournals)
Two reports highlight a deep disparity between income and the cost of housing in New Mexico. Nonprofit groups are working to reverse the trend, but despite their efforts, thousands of New Mexicans are falling into an affordable housing gap.

April numbers indicate rough road (The Fort Collins Coloradoan)
We have been upbeat throughout this real estate downturn, proclaiming that "the sky is not falling" and better times are just around the corner, but some of the air is beginning to leak out of the balloon.

Red Sea Housing Services wins SAR 140 million contract from Hyundai Heavy Industries (Zawya)
Jubail, Kingdom of Saudi Arabia, 12 May, 2008 - Red Sea Housing Red Sea Housing Services (Tadawul: 4230), a leading manufacturer of remote site housing solutions, announced today that it has been awarded a major contract worth SAR 140.5 million by the Hyundai Heavy Industries Co Hyundai Heavy Industries Co . Ltd.

Home Builders' Association of Northern California Opens Urban Division (BuildingOnline)
SAN FRANCISCO, CA -- The Home Builders Association of Northern California (HBANC), the Bay Area's largest association of home builders has opened an urban division at 660 Mission Street in San Francisco.

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.

Media to blame for slump, say real estate agents (The New Zealand Herald)
It's the media - not the economic cycle or high interest rates driving down house prices, say real estate agents.

No answers to crisis in workforce housing (Miami Herald)
The hard numbers were sobering. It wasn't just the stats -- like 85 percent of our population can't afford the area's median-priced home -- that were tough to swallow in the 82-page Workforce Housing Needs Assessment put out by FIU's Metropolitan Center and released by the Greater Miami Chamber last week.

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