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News

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.

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.

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.

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.

Vacant homes for sale hit new record high (MSNBC)
The percentage of vacant homes for sale in the U.S. set a new record high in the first quarter of this year, the government said Monday.

Major provisions of housing rescue package (AP via Yahoo! News)
Major provisions of housing rescue bills in the House aimed at heading off foreclosures, preventing neighborhood blight and stabilizing the market.

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.

Mortgage applications drop to 2008 low (USA Today)
Applications for home mortgages slumped last week to their lowest since December in another sign the housing market is far from recovery, according to data reported by an industry group Wednesday.

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.

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.

Parade of Homes to showcase builders (Corpus Christi Caller-Times)
The hottest topics in the last 24 hours. The national downturn in residential construction and real estate hasn't affected Corpus Christi nearly as much as the rest of the country, and local home builders say they are ready to show some of the fruits of their labor.

Over 2000 Homes Open On 'Super Sunday' (WLWT-TV Cincinnati)
CINCINNATI -- The slumping housing market has many houses for sale in Cincinnati just sitting there. In an effort to boost sales, real estate agents banded together on what they called "Super Sunday." They opened the doors to more than 2,000 homes for sale in the Cincinnati area.