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2013 market outlook: Builders expecting big things

Following a mostly flat 2012, home builders are projecting higher revenue and more home sales next year.

PulteGroup announces third quarter 2012 financials

PulteGroup Inc. announced results for its third quarter ending Sept. 30, 2012. The company reported a net income of $117 million, or $0.33 per share, including a tax benefit of $11 million, or $0.03 per share. 

Reaping the rewards from rebates

Not fully using manufacturers’ rebate programs is like burning your hard-earned money. Yet many builders don’t utilize these programs to their fullest advantage.

Toll Brothers’ revenue, home prices see big jump in third quarter

Toll Brothers reported strong third quarter results Wednesday, with net income rising 46 percent year-over-year and revenue up 41 percent, according to the Washington Post.

What ‘taxaggedon’ would mean for home builders

Economists at the National Association of Home Builders recently analyzed the impacts of the expiration of the Bush-era tax cuts (or “Taxaggedon,” as tax policy experts call it) on home builders, and the outlook is not bright.

Home Builders to Congress: It's time to make housing and homeownership a national priority

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.

Category management for builders: bid less, save more

By adopting the principles of category management, builders can greatly
simplify the bidding process and achieve considerable savings.

Cleveland mortgage settlement money going toward demolition of vacant houses

A large portion of a multibillion-dollar settlement between the state of Ohio and several large mortgage lenders will go toward demolition of foreclosed, dilapidated houses in the Cleveland area instead of struggling families as intended.

Rising student debt hampers housing growth

A new report from Bloomberg indicates that first-time homebuyers are having difficulty securing loans thanks to student loan debt totals nearing $1 trillion.

Oklahoma leads states with biggest foreclosure bargains

As of December 2011, Oklahoma sports the highest foreclosure savings rate, according to a Business Insider story based on RealtyTrac data.

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