Financial
Financial
Business financials advice, reports, and trends for professional home builders and remodelers.
Cash Isn't Just King, It's Your Lifeline
Four experts explain how paying attention to cash flow can help keep builders from robbing Peter to pay Paul
Business
Show Me The Money
Use these tips to increase margins in 2019
Business
Strategies for Maximizing Profit
Custom home builders talk about what they do on the front end of a project to achieve better margins
Leadership
Is A GMP Contract Right For You?
Guaranteed maximum price contracts require a true team effort and an open-book policy
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Business
Mortgage rates at lowest in 50 years
Mortgage rates reached record lows last week, following the Federal Reserve’s recent policy statement and continued concerns over the European debt market. Rates on the 30-year, fixed-rate mortgage were at their lowest in 50 years, averaging 4.15 percent.
Financial
Standard Pacific reports Q2 results: Net new orders up, revenues down
Standard Pacific reported a net loss in the 2011 second quarter of $10.5 million on homebuilding revenues of $204.3 million compared to net income of $10.7 million on homebuilding revenues of $317.2 million in the 2010 second quarter.
Financial
New-home sales slip in June
Sales of new homes fell 1 percent in June, slipping for the second month in a row.
Government
Study: Tax credits had little effect on housing markets
A new paper found that the average listing of home prices rose about $8,000 the month after the first major tax credits for the same amount went into effect, and they fell by slightly less than $9,000 two months after they expired.
Economics
How the housing market can save the U.S. economy
Just as the U.S. housing market was the main culprit of the economic downturn, it is key to the recovery, writes Money Morning contributing editor Shah Gilani. Gilani presents a compelling plan to fix the housing market.
Financial
Trumark sells 11 acres in Lake Forest
Trumark Homes has sold 11 acres of residential real estate in Lake Forest that it purchased just 20 months ago. The sale came in response to a dramatic increase in land value across coastal Southern California.
Financial
Housing starts plummet in February
Housing starts dropped 22.5% in February, falling to 479,000 from the revised January rate of 618,000, according to Calculated Risk.
Financial
Small businesses increase hiring in February
Early data from the National Federation of Independent Business show positive job growth in February — the fifth consecutive month that small firms’ hiring plans have been consistently positive. According to the new survey, plans to create jobs jumped up two points to a net 5 percent of all firms.
Financial
Foreclosures down significantly from year ago
Foreclosures rose slightly in January, but declined 17% overall compared to last year, Housing Predictor reported.
Financial
Senator concerned about new mortgage rules
New regulations currently being developed could make it more difficult for some to get home loans, according to Sen. Kay Hagan (D., N.C.).