Financials

Business financials advice, reports, and trends for professional home builders and remodelers.



News
October 11, 2010

Toll Brothers, Inc. has announced the purchase of a property located at 132 East 65th Street, at the southeast corner of Lexington Avenue, on the Upper East Side of Manhattan in New York City. Plans call for a 15-story building with approximately 25 luxury residences, with sales expected to commence in the Summer of 2011.

News
October 08, 2010

Southern California home builder TRI Pointe Homes, LLC, Newport Beach, Calif., has entered into a strategic partnership with an affiliate of Starwood Capital Group Global, LP, a leading global private equity firm focused on real estate. The partnership infuses TRI Pointe Homes with $150 million in new strategic growth equity capital to drive the expansion of its home building operations in California and the Western Region.

Features
October 07, 2010

The sheer size and growth of the 55-plus cohort over the past 10 years is altering the builder market. There simply aren’t enough younger buyers to occupy the number of homes that Boomers want to sell.

Features
October 07, 2010

What we can learn from Australian construction practices; Using checklists to ensure quality management; Market update - what the bears see

News
October 07, 2010

Residential construction fell 0.3 percent in August to an annual rate of $238.5 billion, the Commerce Department reported Friday. This marks the fourth consecutive month that residential spending has dropped. Spending temporarily rose earlier in the year, as buyers took advantage of the homebuyer tax credit. But home construction has stagnated since the tax credit’s April 30 expiration.

Features
October 07, 2010

Instead of price chasing the competition, Wathen-Castanos reinvents itself as a high-performance, green builder to grow during the market’s ‘darkest days.’

Features
October 07, 2010

For Lancaster, Pa.-based Charter Homes & Neighborhoods, customer satisfaction is more than great service and warranty — it’s about making the home-buying experience something truly special. Read about the 2011 National Housing Quality award winner.

Features
October 07, 2010

Now in year five of the worst housing market downturn since the Great Depression, most builders by now have faced monumental challenges to keep their doors open. In an effort to explore the key takeaways and lessons learned from this downturn, we sat down with three builders to discuss the impacts of the economy on their businesses.

News
September 27, 2010

The boom and then bust of nonprime mortgage lending in the United States caused enormous damage to individuals, communities, the national economy, and the global financial system, according to a report by the Joint Center for Housing Studies of Harvard University.

News
September 24, 2010

According to research from economists at the National Association of Home Builders, first-time home buyers are contributing to an increase in demand for smaller and less expensive new homes.

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