Market Data + Trends

Financials

Toll Brothers purchases Manhattan property, plans 15-story luxury development

Toll Brothers, Inc. has announced the purchase of a property located at 132 East 65th Street, at the southeast corner of Lexington Avenue, on the Upper East Side of Manhattan in New York City. Plans call for a 15-story building with approximately 25 lux

Remodeling

NRDC sues federal housing regulators for blocking clean energy projects for homeowners

Federal housing regulators must stop obstructing programs that make energy efficiency upgrades and renewable energy projects affordable for American homeowners, according to a lawsuit filed by the Natural Resources Defense Council.

Financials

Boomers Still Shaping Our Business

The sheer size and growth of the 55-plus cohort over the past 10 years is altering the builder market. There simply aren’t enough younger buyers to occupy the number of homes that Boomers want to sell.

Management

Best of the Blogs

What we can learn from Australian construction practices; Using checklists to ensure quality management; Market update - what the bears see

Economics

WSJ: Housing Inventory Rises for Ninth Straight Month

Real estate brokerage firm ZipRealty reports a 0.6 percent increase in September homes for sale

Financials

Harvard Report: Excessive Risk Taking, Lapses in Regulation Led to the Nonprime Mortgage Lending Boom

The boom and then bust of nonprime mortgage lending in the United States caused enormous damage to individuals, communities, the national economy, and the global financial system, according to a report by the Joint Center for Housing Studies of Harvard U

Financials

First-Time Home Buyers Stoke Demand for Smaller, Less Expensive Homes

According to research from economists at the National Association of Home Builders, first-time home buyers are contributing to an increase in demand for smaller and less expensive new homes.

Financials

Right-to-Rent Approach May Change Nation's Foreclosure Crisis

A report just released suggests that giving homeowners the right to rent their house at a fair market price could be a game changer in the nation's foreclosure crisis. Gains from Right to Rent in 2010, from analysts at the Center for Economic and Policy

Financials

Foreclosures Cause Year-Over-Year Home Price Drop of 3.3 Percent Nationwide

Foreclosures are boosting the supply of available properties and reducing prices, even as mortgage rates tumble to record lows. U.S. home prices dropped 3.3 percent in July from a year earlier, the eighth consecutive decline, the Federal Housing Finance

Financials

Home building Industry Years Away From Recovery

Signs are increasingly pointing to a home building industry that is years away from recovering from the excesses of the housing boom. Even with a modest rise in construction last month, the pace of building would need to at least double to signal a healt

Home Builders Institute's Schools to Skills Grant Application Open Through December

As Mortgage Rates Rise, Buyers Lose Purchasing Power

Renters Are Choosing Single-Family Homes for These Features