Since the launch of Professional Builder’s Daily Feed newsletter on June 4, 2014, I have scanned thousands upon thousands of news stories about or related to home building in some way.
A compilation of business news, trends, and surveys on customer satisfaction, financials, human resources, marketing, and sales.
CoreLogic, negative equity report, fourth quarter, 2011, debt, underwater
CoreLogic released negative equity data showing that 11.1 million, or 22.8 percent, of all residential properties with a mortgage were in negative equity at the end of the fourth quarter of 2011.
PulteGroup, Pulte, Fiberweb, exclusive, TYPAR Weather Protection System
Fiberweb announced the signing of an exclusive multi-year contract with PulteGroup Inc., one of the top home builders in the United States.
REO, Real Estate-Owned Initiative, Ranieri, research paper, Wall Street Journal
Lewis Ranieri — who’s credited as a co-inventor of the mortgage-backed security — has co-authored a new research paper supporting the federal government’s Real Estate-Owned (REO) Initiative program, according to the Wall Street Journal.
FHA, mortgage insurance premiums, increase, upfront, capital reserves
Federal Housing Administration (FHA) Commissioner Carol Galante announced Monday that the agency will be restructuring premiums for all FHA-insured single-family mortgage loans.
pending home sales, NAR, January, growth, National Association of Realtors
The National Association of Realtors reported that pending home sales reached their highest point in nearly two years in January, according to a story on HousingWire.
FHFA, Real Estate-Owned Initiative, REO, Fannie Mae, Freddie Mac, foreclosures
The Federal Housing Finance Agency (FHFA) has begun the first pilot transaction of its program to turn foreclosed Fannie Mae and Freddie Mac homes into rental properties, according to HousingWire.
Warren Buffett, housing, supply and demand, households
Despite his initial predictions for a housing recovery not panning out, Warren Buffett still believes the market will get back on track soon, according to Business Insider.
Forestar Land Partners, Corona, California, Calif., Sierra Bella, purchase
Forestar Land Partners, a venture between the owners of Foremost Communities and an affiliate of Starwood Capital Group Global, LP, announced it has acquired a 300-acre parcel of entitled land at the western edge of Corona at a public auction.
new home sales, January 2012, NAHB, HUD, Commerce Department
NAHB reports that sales of newly-built, single-family homes declined by less than one percent in January from an upwardly revised number in the previous month; this brought them to a seasonally adjusted annual pace of 321,000 units, according to data jointly released by HUD and the U.S. Commerce Department Feb. 24.
McIlwain, Urban Land Institute, Atlantic, 3 steps, housing recovery
With the housing market in a lethargic recovery, John K. McIlwain of the Urban Land Institute offers three ways to help revive the market.