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...
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
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 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...
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...
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...
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....
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, 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...
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....