Economics



Warren Buffett, Residential Capital, bid, mortgage company, bankrupt, optimism

Warren Buffett, Residential Capital, bid, mortgage company, bankrupt, optimism

News
June 20, 2012

Further supporting his belief that the U.S. housing market is headed for recovery, Berkshire Hathaway CEO Warren Buffett announced Monday the investment firm had put in a $3.85 billion bid for troubled mortgage company Residential Capital LLC.

10 hottest housing markets for first-time buyers

10 hottest housing markets for first-time buyers

News
June 11, 2012

Fresno, Calif., and Camden, N.J., were among the top 10 housing markets for first-time home buyers in 2011, according to a new report from Inman News. See which other markets made the list.

5 fastest growing (and shrinking) states by GDP

5 fastest growing (and shrinking) states by GDP

News
June 08, 2012

A new report from the U.S. Bureau of Economic Analysis offers a state-by-state breakdown of real gross domestic product last year. North Dakota saw the largest GDP gain in 2011, up 7.6 percent, while Wyoming experienced the steepest decline (-1.2 percent).

News
June 06, 2012

More than 700 home builders made their way to Capitol Hill this morning to meet with their representatives and senators on several key housing issues, including legislation to help restore the flow of credit for new housing production, GSE reform, and housing tax incentives.

From creating visual scopes of work to implementing open-book management techniq

From creating visual scopes of work to implementing open-book management techniques, Scott Sedam searched far and wide for the b

Features
June 03, 2012

From creating visual scopes of work to implementing open-book management techniques, Scott Sedam searched far and wide for the best new business ideas for builders.

Sales of new single-family houses in April 2012 were at a seasonally adjusted an

Sales of new single-family houses in April 2012 were at a seasonally adjusted an

News
May 23, 2012

Following yesterday's upbeat existing-home sales report, today's new-home sales data offers more positive news for the housing market. Sales of new single-family houses in April 2012 were at a seasonally adjusted annual rate of 343,000, up 9.9 percent year over year.

Next Move: Housing Giant builders share their top moneymaking opportunities for

Next Move: Housing Giant builders share their top moneymaking opportunities for 2012

Features
May 18, 2012

From expanding into custom building to entering new markets, Giant firms share their strategies for growth.

Features
May 07, 2012

Professional Builder's Housing Giants report ranks the nation's 235 largest home builders by 2011 residential construction revenue.

FHFA, short sales, process, new rules, timetable, review, foreclosure

FHFA, short sales, process, new rules, timetable, review, foreclosure

News
April 20, 2012

In an attempt to reduce the number of foreclosures nationwide, the Federal Housing Finance Agency introduced new rules for the short sale process on Thursday, according to CNN Money.

Jamie Dimon, JP Morgan, housing market, optimism, 9 signs, turnaround

Jamie Dimon, JP Morgan, housing market, optimism, 9 signs, turnaround

News
April 10, 2012

In his annual letter to investors, JP Morgan CEO Jamie Dimon offered an optimistic outlook on the housing market for 2012.

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