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Builder D.R. Horton is revising estimates for cash-flow from operations, certain expenses as a percentage of revenue and its backlog conversion rate in response to recent hurricanes.
September 27 -
Sentiment among America’s homebuilders fell more than forecast in September as companies grew concerned about the cost of construction materials and labor shortages in the wake of Hurricanes Harvey and Irma.
September 18 -
The number of permits filed for single-family homes in Indiana increased 10% in July compared to the same time last year.
September 6 -
Contributing to the high losses is the fact that Texas, despite being one of the states most vulnerable to storms, has one of the most relaxed approaches to building codes, inspections and other protections.
August 30 -
Sentiment among American homebuilders unexpectedly increased to a three-month high as builders saw greater prospects for industry demand despite elevated material costs and shortages of labor and lots.
August 15 -
Housing affordability dipped as rising home prices offset a quarter-point drop in mortgage interest rates.
August 14 -
Resolute Forest Products is confident that U.S. import duties on softwood lumber won’t impact its future earnings because the Canadian company expects to be reimbursed for the levies paid.
August 8 -
House Financial Services Committee leaders and two top real estate trade groups have cut a deal on a bill to reform the National Flood Insurance Program.
July 21 -
Sentiment among homebuilders deteriorated to an eight-month low in July on concerns about higher material costs, according to data from the National Association of Home Builders/Wells Fargo.
July 18 -
The National Association of Home Builders is objecting to a measure that would impose a surcharge on National Flood Insurance Program policies for newly constructed homes.
June 23