Home Builders/Developer's, Real Estate, US Real Estate

New Home Starts Increase in September, But Are Still at Half The Normal Levels

By Allison Halliday | October 20, 2011
Homes were built in September at their fastest pace in the last 17 months, according to a report in USA Today, but while this should help boost economic growth and create jobs it's still too early to say if it signals a recovery. Most of the homes built were apartment buildings. Single-family homes, which accounts […]
Home Builders/Developer's, Real Estate, US Real Estate

Spending on Construction Up 1.4% Last Month

By Mike Wheatley | October 5, 2011
Building companies increased their spending on the construction of new homes and offices during August, following a huge drop in spending the month before, said the Commerce Department earlier this week. According to a report in the Washington Post, spending on construction in the last month rose by 1.4%, and saw modest increases in spending […]
Home Builders/Developer's, Real Estate, US Real Estate

Morris Adjimi Architects Announce New Managing Director

By Allison Halliday | September 26, 2011
New York based Morris Adjimi Architects have just announced the appointment of John Henderson to the position of Managing Director; he will be responsible for overseeing day-to-day operations, and his 20 years’ experience will help expand the firm's interior design practice. John Henderson is an award-winning architect and design services manager who has expertise with […]
Home Builders/Developer's, Real Estate, US Real Estate

Homebuilders Downgraded by Fitch

By Mike Wheatley | September 15, 2011
A number of publicly-traded home builders have been downgraded by Fitch Ratings this week, in response to one of the worst years for new home sales ever recorded. KB Home were one of the companies to receive a downgraded issuer default rating, dropping from B+ to BB-, said HousingWire. The company was over-exposed to struggling […]
Home Builders/Developer's, Real Estate, Residential, US Real Estate

Home Builders Struggling Against The Tide

By Mike Wheatley | September 8, 2011
Figures for new home sales in 2011 are on track to reach a record new low, says the Wall Street Journal. Following a peak in 2005, when 1.3 million units were sold, the annual rate as recorded in July was just 298,000 units. Most home building companies are struggling to compete with the tidal wave of […]
Featured News, Home Builders/Developer's, Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

Atlanta Development Authority Announces $50,000 Down Payment Assistance

By Donna S. Robinson | September 2, 2011
The Atlanta Development Authority has announced that they have new mortgage funding available beginning September 1st of 2011, until April 15th of 2012. Read the press release here. This new program is funded through the Federal New Issue Bond Program. It aims to make mortgage funding available to home buyers who meet specific qualifications. One […]
Home Builders/Developer's, Real Estate, US Real Estate

Catskill Farms Defies Recession with 1000% Increase in Sales

By Allison Halliday | August 10, 2011
Catskill Farms is a Sullivan County-based home-building business which specializes in building weekend homes in the style of the turn-of-the-century architecture, which are in great demand in spite of the recession. The company will shortly complete its 100th home and is due to expand into nearby Ulster County and the towns of Woodstock and Saugerties. […]
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