D.R. Horton reported a year-over-year earnings jump of 46 percent in the second quarter of 2012, posting totals of $40.6 million for the quarter, which comes to 13 cents a share, according to HousingWire.
In an attempt to reduce the number of foreclosures nationwide, the Federal Housing Finance Agency introduced new rules for the short sale process on Thursday, according to CNN Money.
The Iowa legislature is working on a bill that would restrict the activity of so-called “stormchaser” contractors who arrive in a town after a severe storm and before insurance adjusters have had time to inspect damage—then make deals with homeowne
Existing-home sales figures for March were 5.2 percent above the previous year’s totals, the ninth consecutive month in which this has occurred, according to the National Association of Realtors.
The Texas State Energy Conservation Office recently announced that they will continue offering Energy Code Update Workshops in cities across Texas through April 2012.
In a recent survey by Citi, 70 percent of home builders nationwide reported increased new-home sales in March, a 15 percent increase from February’s survey.