While the vast majority of consumers believe living in a green home would be affordable, only those in the high-income bracket are likely to say it would be an affordable purchase, according to a survey of consumers by Whirlpool and Habitat for Humanity.
Home builder DR Horton paid its top two executives nearly $4 million in bonuses after the company had its first profitable year since 2006, the Wall Street Journal reported. The company had a net income of $245.1 million, up substantially after losing $5
Builder confidence in the market for newly built, single-family homes improved slightly in November, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released last week. The HMI rose one notch to 16 from a do
In a major victory for affordable housing, sound science and more sensible regulations, the U.S. Environmental Protection Agency has been forced to withdraw a key portion of new storm water management regulations for builders and developers and devise ne
Meeting EPA’s stormwater runoff requirements doesn’t have to bust the budget. To help home builders toward this effort, the NAHB Research Center has developed its “Low Impact Development Practices for Storm Water Management,” a set of cost-effect
Nearly a quarter of U.S. mortgage holders owe more money than their house is worth, according to a report by Zillow. In the third quarter of 2010, the percentage of those underwater rose to 23.2 percent, up from 21.7 percent a year ago.
So-called “jumbo” mortgages are back in vogue. Although still far below 2007 levels, more smaller and regional lenders, as well as some big banks, are issuing more large loans, The Wall Street Journal reported. The increase in jumbo mortgages could h
