Lennar

Creeks Crossing at Kiley Ranch

By Sean M. Grady Homebuilders have been forced to pare back, or even shut down, new-home communities that would have been booming just a few years ago. Creeks Crossing at Kiley Ranch, a Lennar neighborhood in the master-planned...

Residential Construction Workers Return to Work at SelectBuild After Striking to Protest Violation..

Today, nearly fifty residential construction workers employed by SelectBuild returned to work after courageously standing up for their rights by walking off four different job sites in Las Vegas and.. - Read more

Report: Bank foreclosed on Las Vegas development

Wachovia Bank has foreclosed on a 1,700-acre development in Las Vegas before a single home was built.The Las Vegas Sun reports that Focus Property Group chief John Ritter acknowledged the lender has seized the property once...

Raymond James downgrades several homebuilders

Raymond James downgraded several U.S. homebuilders to "market perform" from "outperform," a day after Treasury Secretary Henry Paulson said the government will no longer focus on buying toxic mortgage assets, but will...

CalPERS Real Estate Investments Take A Beating

The $189 billion California Public Employees’ Retirement System, the largest and most closely watched pension fund in the country, has revealed a huge hit to its real estate portfolio. Its housing related assets are down 35% to...

Home builders fall on downgrades, foreclosure data

BOSTON (MarketWatch) -- Raymond James & Associates analyst Paul Puryear on Thursday downgraded all of his positively rated home-builder stocks to market perform. "In the wake of yesterday's announcement by Secretary Henry...

Deficit Sets A Record (Zacks.com)

Thursday November 13, 3:59 pm ET By Dirk van Dijk, CFA Remember when a federal budget deficit of $237.2 billion in a year would have been considered bad news? Well that was the budget deficit for just the month of October....

Grand Parkway may miss subdivision: Proposal would shift road through undeveloped lot

http://www.chron.com/disp/story.mpl/front/6107600.html About 30 new homes in Spring could be spared the wrecking ball as the local housing market slowdown allows officials to consider a plan to shift the route of the Grand...

Stocks Set to Test Lows as Confidence Wanes (at CNBC)

STOCKS, FUTURES, BAILOUT, GOVERNMENT, POLITICS Stocks extended their losing streak for a third straight day, setting the course to retest recent lows, as investor doubt about the effectiveness of government intervention seeped...

ACPT Reports Results for Quarter Ended September 30, 2008

ST. CHARLES, Md., Nov. 12 /PRNewswire-FirstCall/ -- American Community Properties Trust (ACPT) today reported a net loss of $2,001,000, or $0.38 per share, on revenue of $58,280,000 for the nine months ended September 30, 2008....

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