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Toll Brothers Inc. said Thursday it swung to a loss in its fiscal third quarter as weak demand for new homes forced the luxury builder to mark down the value of its land and unsold homes. ...more
September 5, 2008
Homebuilders are always trying to sell their homes, but these days they have an extra incentive: beating the clock. ...more
August 27, 2008
Construction of homes and apartments fell in July to the lowest level in more than 17 years, but some economists said the drop could aid the slumping housing sector by helping reduce a glut of unsold properties. ...more
August 20, 2008
Homebuilders are a little more optimistic about the prospects for home sales in the next six months, but an index reflecting the sector's confidence overall remained at an all-time low, an industry trade association said Monday. ...more
August 19, 2008
With a new school year about to get under way, most Pasco County schools still are dealing with an overflow of students, despite the opening of about 25 new campuses in the past decade. ...more
August 16, 2008
Florida's homebuilders were told Saturday that a proposal to slash property taxes raised for schools in exchange for other new revenue will boost home sales and help an industry that's suffering through an economic downturn. ...more
August 3, 2008
Jobless Claims Jump As Housing Market Gets Weaker WASHINGTON (AP) - Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. ...more
July 27, 2008
Despite the soft real estate market, Beazer Homes USA recently sold 26 beachfront condos on the Jersey Shore in 75 minutes. ...more
July 18, 2008
Nonprofit groups are battling the Bush administration's attempt to kill programs that allow homebuyers lacking money for a down payment to get funds from sellers that are channeled through charities. ...more
June 27, 2008
Homebuilder Lennar Corp. said Thursday that it managed to narrow its second-quarter loss, but Chief Executive Officer Stuart Miller gave a dour outlook for the industry, saying the housing market has yet to hit bottom and ruling out prospects of a recovery this year. ...more
June 27, 2008
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