KB Home, the nation’s fifth-largest home builder, reported its fiscal fourth-quarter revenue jumped 20 percent because of an increase in the number of homes the company delivered and a higher average selling price.
Ryland Group Inc., one of the country's largest home builders, has purchased the operations of Trend Homes from Phoenix investment firm Najafi Investments LLC.
PulteGroup Inc. announced results for its third quarter ending Sept. 30, 2012. The company reported a net income of $117 million, or $0.33 per share, including a tax benefit of $11 million, or $0.03 per share.
Not fully using manufacturers’ rebate programs is like burning your hard-earned money. Yet many builders don’t utilize these programs to their fullest advantage.
Toll Brothers reported strong third quarter results Wednesday, with net income rising 46 percent year-over-year and revenue up 41 percent, according to the Washington Post.
Economists at the National Association of Home Builders recently analyzed the impacts of the expiration of the Bush-era tax cuts (or “Taxaggedon,” as tax policy experts call it) on home builders, and the outlook is not bright.
More than 700 home builders made their way to Capitol Hill this morning to meet with their representatives and senators on several key housing issues, including legislation to help restore the flow of credit for new housing production, GSE reform, and ho
A large portion of a multibillion-dollar settlement between the state of Ohio and several large mortgage lenders will go toward demolition of foreclosed, dilapidated houses in the Cleveland area instead of struggling families as intended.
