Houston-based David Weekley Homes last week announced the winners of its Partners of Choice Award, which recognizes the product suppliers that ranked highest in satisfaction by approximately 500 David Weekley staff members.
D.R. Horton reported net income for its third fiscal quarter ended June 30, 2011, of $28.7 million. Net income for the same quarter of fiscal 2010 was $50.5 million.
Pending home sales increased in June following a wide swing down in April and then up in May, according to a National Association of Realtors report. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show str
A survey indicates that 30 percent of all housing units in the United States are renter-occupied or vacant for-rent, and 27 percent is single-family detached homes.
Existing-home sales not seasonally adjusted are below the tax credit-boosted level of sales in June 2010 and June 2009. But NAHB advises to expect a report of a large year-over-year increase in sales announced next month.
Citing difficult market conditions in residential construction and a smaller pool of builders to evaluate, J.D. Power and Associates has canceled its 2011 U.S. New-Home Builder Customer Satisfaction Study.
