Housing Giants



News
February 23, 2011

Toll Brothers, the largest U.S. luxury home builder, posted a surprising first-quarter profit, beating market estimates, Bloomberg reported. The company managed to increase revenue, cut costs, and reduce property impairments. Net profit was $3.4 million, or 2 cents per share, compared with a loss of $40.8 million last year.

Builders need to carefully assess the risk of completing and selling unfinished
Features
January 23, 2011

With the right price and the right location, the numbers on any unfinished house or neighborhood can look like a great deal. But the key to making money on partially completed projects is thorough due diligence and an incredibly clear understanding of the liability issues. Here's what you need to know before taking on unfinished projects.

Features
December 06, 2010

Two years ago, at the height of the global financial crisis, investor Warren Buffett pulled out this gem of a quote to describe the situation. “It’s only when the tide goes out that you learn who’s been swimming naked.” And while this is an accurate expression of what happens to weak businesses when there is a downturn in the business cycle, it seems particularly apt as a description of the builder market before and after the housing market bubble burst.

Features
October 19, 2010

Every step in the process of selling a house has its challenges, but perhaps none is more frustrating than having the appraisal on a house come in well below the sale price. Not satisfied with the appraised value of your new homes? Follow these practical steps for avoiding the dreaded low appraisal.

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.

News
September 21, 2010

Nestled against the San Tan Mountains, the Valley’s newest sanctuary — and the largest community ever by Taylor Morrison — opened to home buyers on September 18.

Features
September 16, 2010

Standard & Poor's Ratings Services on Sept. 14 lowered its ratings for home builder Pulte Group Inc., saying the company's earnings will likely remain weak into next year due to a slower-than-expected U.S. housing recovery.

News
March 03, 2010

Homebuilder Hovnanian Enterprises Inc has posted its first profit since 2006, helped by a tax benefit. 

News
May 04, 2009

Using the Neighborhood Stabilization Program, HUD will make nearly $2 billion available to markets hit hard by the foreclosure crisis.

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