Financials | ProBuilder

Management

Report: Increased competition in strong markets hurting builders

As more home builders flock to housing markets that have remained relatively healthy through the downturn, the increased competition is starting to impact sales, according to new data from John Burns Real Estate Consulting. Raleigh, N.C., and San Diego a

Financials

David Weekley partners with Estridge Group, enters Indianapolis market

David Weekley Homes, the nation’s second largest privately held home builder, has formed a partnership with Carmel, Ind.-based builder Estridge Group to expand into the Central Indiana market. Last month, Estridge discontinued its sales operations due

Financials

NAHB/Wells Fargo: Home builder confidence dips in April

After experiencing a slight gain in March, the NAHB/Wells Fargo Housing Market Index (HMI) dropped one point in April to 16 — a mark the HMI has held for five of the last six months, according to the NAHB.

Management

North Dakota, Minnesota top list of states with healthiest housing markets

With an unemployment rate of just 3.7 percent and a low debt-to-income ratio, North Dakota ranks as the state with the healthiest housing markets for 2011, according data from LendingTree. Other states to make the list include Minnesota, Texas, Indiana,

Financials

Mortgage rates climb for fourth week

Mortgage rates rose for the fourth straight week, according to Freddie Mac’s weekly survey of mortgage rates.

Business Management

Builders Profit From Distressed Land Acquisitions

While many home builders are minimizing exposure to land assets, opportunistic companies like Charter Homes, Signature Homes, and Toll Brothers view distressed land acquisition as a solution for both short-term survival and future success

Exterior of single-family home in the evening

Management

Professional Builder webinar: 35 Moneymaking Ideas for Builders in 2011

Making money as a builder has never been more demanding than it is today. New tools and ideas are required to achieve success. Join Professional Builder's editors Patrick O'Toole and David Barista and columnist Scott Sedam for a fast-paced, one-hour webi

Financials

Half of homeowners could get new mortgage

Barely half of all homeowners today would qualify for a mortgage under the new, more restrictive lending policies, according to Housing Predictor.

Exclusive Research + Data

Most Builders Believe Now Is a Great Time to Buy Land

Recognizing the abundance of land deals available, the fact that banks are loosening their grip on distressed properties, and forecasts that show the housing market is finally on the road to recovery, most home builders believe now is a great time to be

view of open field ready for home builder development

Financials

Majority of consumers feel housing market poised for comeback

Despite lower home prices and tighter lending standards, a Prudential poll finds that a vast majority of Americans believe the market will recover soon. In the poll, 68 percent of potential buyers and sellers believe the market and housing prices will re

Home Builders Institute's Schools to Skills Grant Application Open Through December

As Mortgage Rates Rise, Buyers Lose Purchasing Power

Renters Are Choosing Single-Family Homes for These Features