Home prices at the end of October were 4.3 percent above where they were on the 20-City Composite of the Case-Shiller Home Price Index last year, according to the newest data released on Thursday.
Home builders are in the crosshairs as cash-strapped local governments that have seen their budgets decimated during the economic downturn look for ways to shift infrastructure costs to the private sector.
KB Home, the nation’s fifth-largest home builder, reported its fiscal fourth-quarter revenue jumped 20 percent because of an increase in the number of homes the company delivered and a higher average selling price.
Whirlpool Corporation, the world’s largest manufacturer and marketer of major home appliances, has signed a single-source supplier agreement with Clayton Homes, America’s largest builder of manufactured and modular homes.
Insurance Service Office, Inc. (ISO) recently analyzed building codes and enforcement and found that Pima County, Ariz., consistently outscored comparable jurisdictions in Arizona and the nation.
KB Home, one of the nation's largest home builders, has purchased land from Brookfield Residential Properties, Inc., in the master-planned coastal community of Playa Vista on the Westside of Los Angeles, the company announced.