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Harsh winter weather and competition from deeply discounted foreclosures are putting a damper on sales prospects for homebuilders.
The National Association of Home Builders said Tuesday its housing market index rose two points in February, a sign that low interest rates and federal tax credits are boosting demand for new homes.
The National Association of Home Builders says its housing market index fell this month to the lowest level since last summer. The drop reflects fears that demand for new homes will be weak despite the extension of a federal tax credit for buyers.
Even a holiday gift from Uncle Sam couldn't brighten the homebuilders' outlook in December.
A key gauge of homebuilders' confidence held steady in November, reflecting a cautious outlook from residential developers as they waited to learn whether Congress would extend a homebuyer tax credit.
Homebuilders are growing less optimistic about their fortunes as a temporary tax credit for first-time homebuyers that boosted home sales this year nears its end.
The National Association of Home Builders said Wednesday its housing market index rose in September for the third month in a row, reflecting growing optimism in the industry about rising home sales.
The National Association of Home Builders said Monday its housing market index rose in August to the highest point in more than a year, as homebuyers hurried to take advantage of a federal tax credit before it expires.
The National Association of Home Builders says its housing market index climbed in July to the highest level in nearly a year, as low interest rates and other incentives helped builders woo homebuyers.
The National Association of Home Builders says its housing market index slipped by one point in June, reflecting many builders' uncertainty about when their business prospects might improve.
Homebuilders are growing more optimistic about the state of housing and say they see signs that the end of the housing market's three-year downward spiral may be near.
Homebuilders are feeling a lot more optimistic that the worst housing downturn in decades may be finally starting to turn around.
A key gauge of homebuilders' confidence remained near historic lows in March, as builders saw a drop in prospective homebuyers visiting model homes amid rising job losses and economic fears, according to a survey released Monday.
An increase in the number of prospective homebuyers walking through model homes raised homebuilders' confidence level this month, but the industry remains pessimistic that new home sales will improve over the next six months, according to a survey released Tuesday.
A key gauge of homebuilders' confidence remained at a record low this month, as builders continued to be overwhelmingly discouraged in the prospects of a housing turnaround amid a worsening U.S. economy and rising unemployment and foreclosures.
Homebuilders' confidence in a near-term housing recovery sank to a new all-time low this month, reflecting growing worries over the U.S. financial crisis, rising unemployment and weakening consumer confidence, an industry trade association said Tuesday.
Sitting in his shady veranda, tanned and trim, Lou DeSangro looks like a man who's made it. From the backyard of the dream home he built himself, he admires his rock grotto fountain, glittering pool and a custom, outdoor kitchen.
Restless spirits dominate and enliven Frank McGuinness' adaptation of Henrik Ibsen's "The Master Builder," about a successful architect being held to an idle promise he might have made years ago to a 12-year-old girl.
Workers at a pioneering space tourism company were watching a rocket propellent system test through a chain-link fence in the Mojave Desert when a fatal explosion occurred last summer, according to a state investigation released Thursday.
The company that flew the first privately funded manned rocket into space has been cited in connection with an explosion last summer that killed three workers, the state said Friday.
Michael Jordan to Build a Castle in JupiterThe glamorous details: a 37,942-square-foot two-story home, which will feature an elevator, a grand stairway, a giant fireplace and 11 bedrooms. Oh, there's also a cottage and guard gate (for ex-teammate Charles Oakley perhaps?) in the works. The glamorous cost: $7,627,669.
Urban Sprawl Repair Kit: Repairing The Urban FabricAmerica is a country in need of solutions. Here are some ideas for our future that are practical and doable. We are responsible for our environment.
Squirrel nuts over builder friendA squirrel has built up a close relationship with a builder who found him when he was only a week old. Nutty even showers with his surrogate "mum", Tony from Stockport, and goes to work with him.
Indebted Spaniard kidnaps his bankerA Spanish builder with big debts kidnapped his bank manager at gunpoint and demanded a 50,000 euro (44,000 pound) loan plus his luxury car, police in the southern city of Malaga said on Friday.
Thief Googled £100,000 lead roofsThe highly detailed satellite images provided by Google Earth opened a unique window on the world when it was launched in 2005, one that proved all too enticing for roofer Tom Berge; he used the website to hunt down a fortune in scrap metal on the roofs of historic buildings near …
A local example of the mortgage messThe real estate bubble and crash embodied in a (formerly) million dollar house in the Central District.
$100 in Raffle Tickets Wins $1 Million Home Karen McHale, 47, had just won a 6,000-square-foot house with an appraised value of $1.25 million.
Hustle For OBAMA - fascinating motivator engaging our youth | Do SomethingWHAT'S NEW @ HUSTLE U?
The Toledo Free Press - A tradition for Toledo's futureThe Buckeye Real Estate Group of Toledo will serve as the builder and lead contractor to construct a new home for a local family as part of the Extreme Makeover Home Edition (EMHE) television show the week of Sept. 7 to 14.
Builder trashed home of ex-England cricketer he thought was sleeping with his wife A builder who trashed the home of a county cricketer because he believed he was having an affair with his wife has escaped jail.
Little House on a Small Planet Builder and author Shay Salomon finds that the happiest home builders are often the ones with the smallest houses. They're less costly to build and maintain, more likely to be finished, use fewer resources and help people simplify their lives.
Family Stuck With $850,000 House Built On DumpA Massachusetts homeowner said she cannot live or sell her new $850,000 home because it may have been built on an old dump.
Homeowner Furious That House Built On Old Dump"A local homeowner said she cannot live in or sell her new $850,000 home because, unbeknownst to her, it was built on an old dump."
Builder demolishes own £22,000 handiwork after customer fails to pay This is how a builder got his own back after a customer failed to pay for a conservatory and porch he built her at a cost of £15,000.
Buddhist builder buried alive for 2 hours survives by meditating A buddhist builder buried alive for two hours survived by meditating on conserving his breath. Wang Jianxin, 52, should have died within five minutes of being entombed 6ft underground.
California Home BuildersThis article discusses the difficulties that California homebuilders are dealing with from the rise of available foreclosed homes on the market.
A Real Estate Speculator Goes From Boom to BustST. CHARLES, Mo. — The home foreclosure business was very good to Todd Haupt. He started buying and flipping foreclosed houses in 1994, when he was 20, and by 2000 he graduated to building homes.
You would think when you buy a new house that it would be more straightforward than buying a older build........ This is not the case! We moved into our new build house in July 2005 and have had nothing but problems .
Strategies to survive the real estate bustNEW YORK (Fortune) -- Bret and Tricia Baird are all too aware of what they're getting into.
If you were to visit labs.adobe.com six months ago you would have found a fair amount of hooplah surrounding the progress of Flex Builder 2 (Adobe's touted "go beyond Ajax" web application development framework).
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