Based on quantitative and qualitative research on the future of homeownership, real-estate experts at John Burns Real Estate Consulting predict that the national homeownership rate is likely to fall 8 percentage points, from 70 percent in 2005 to 62 perc
The U.S. housing industry scored a victory after the House and Senate voted to raise the size of mortgages backed by the Federal Housing Administration to $729,750.
Toll Brothers announced last week that Zvi Barzilay, 65, its chief operating officer and president, will be retiring effective December 31, 2011. He will be succeeded by Richard T. Hartman.