Fannie Mae has started testing a foreclosure-prevention program in Florida that is designed to bring banks and troubled borrowers together earlier. The idea behind the program is to get banks and borrowers to negotiate mortgage modifications and other al
NAHB Chief Economist David Crowe is forecasting 575,000 single-family home starts in 2011, a 21 percent bump over an estimated 475,000 units started in 2010, according to his annual state of the market report at the International Builders’ Show in Orla
Homebuilders in Pennsylvania are upset over a new requirement that says all new residential construction must have sprinkler systems installed, The Delaware County Daily Times reported.
Some of the country’s largest home builders might have to buy hundreds of acres of desert near a failed development at boom-era prices. The legal battle between builders such as KB Home and Toll Brothers and a group of banks led by J.P. Morgan Chase st
Delta Group, one of the world’s largest providers of switching power supplies and DC brushless fans for the electronics industries, has adapted its ultra-quiet DC brushless motor design for its new collection of Breez Ventilation Fans.
For the second straight year, real estate stocks ended the year with gains twice as high as the general stock market, The Wall Street Journal reported. According to Dow Jones, REITs were up 27 percent as of Dec. 28. And while that figure is down slightly
