Lennar expanded operations into the Pacific Northwest by acquiring about 650 finished sites in the Seattle and Portland markets from privately held Premier Communities.
Builder confidence in the market for newly built, single-family homes rose two points from a downwardly revised number to 21 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for December.
A number of large and small home builders have signed on the implement the Environmental Protection Agency (EPA)’s newest Energy Star guidelines for homes.
Despite the obstacles and challenges, a large number of builders are feeling optimistic about their prospects for 2012, according to Professional Builder's 2012 Market Outlook survey.
RealtyTrac released its U.S. Foreclosure Market Report for 2011 today, which shows that November foreclosure filings were down 3 percent from October and down 14 percent from November 2010.
Congress and the Obama administration are considering having mortgage-finance giants Fannie Mae and Freddie Mac foot the bill for the proposed extension of the payroll tax cut
