Home Builders News
Pending Home Sales Rise Slightly
[Thursday, September 02, 2010] The Pending Home Sales Index, a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July.
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KB Home Names Treasurer
[Tuesday, August 31, 2010] KB Home has announced the appointment of Thad Johnson as treasurer, reporting to Jeff Kaminski, executive vice president and chief financial officer.
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New Home Sales Fell 12% in July
[Wednesday, August 25, 2010] The sales rate of 276,000 is 32.4 percent below the year-ago July 2009 estimate of 408,000.
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Existing-Home Sales Plunged 27% in July
[Tuesday, August 24, 2010] Sales of existing homes are at the lowest level since the total existing-home sales series launched in 1999, and single family sales are at the lowest level since May of 1995.
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Overall Housing Starts Up in July, Single-Family Down
[Tuesday, August 17, 2010] Single-family housing starts in July were at a rate of 432,000; this is 4.2 percent below the revised June figure of 451,000.
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Home Builder Confidence Falls Again
[Monday, August 16, 2010] Builder confidence in the market for newly built, single-family homes edged down for a third consecutive month in August.
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Orleans Homebuilders Files Plan of Reorganization
[Friday, August 13, 2010] The Plan details how the claims for each class of creditors will be treated in connection with the proposed emergence of the Company from Chapter 11 protection later this year.
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