Economy: Page 129
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Fixed-rate mortgages dive to yet lower lows in latest survey
Thirty-year and 15-year loans went to record lows last week, though adjustable-rate mortgages held steady.
By Ron Gallagher • Nov. 26, 2012 -
Fla. builder revives a custom-home program it shelved during the downturn
Lee Wetherington Homes sees a market ready for its relaunched offering of custom homes on owners' lots.
By Ron Gallagher • Nov. 26, 2012 -
Brokers, builders in the South say credit is getting in the way of demand
A survey by the Federal Reserve Bank of Atlanta found a region with lots of unhappy professionals.
By Ron Gallagher • Nov. 26, 2012 -
Industry predictions: Construction activity in 2013 will be, well ....
Different observers say 2013 will find business up a little, up more than a little or not up at all – and everyone warns of a big "if."
By Ron Gallagher • Nov. 21, 2012 -
In equipment, renters have been and will be doing the buying, observers say
Analysts say that modest growth in building activity this year and next year will not change contractors' reluctance to buy gear.
By Ron Gallagher • Nov. 21, 2012 -
Housing starts in October stood 3.6% above September, U.S. data shows
New-home completions also went up from September – by 14.5%.
By Ron Gallagher • Nov. 20, 2012 -
Senator attacks proposed down-payment rules as drag on housing recovery
Sen. Johnny Isakson, R-Ga., says it's too much to ask 20% in rule for qualified mortgages.
By Ron Gallagher • Nov. 19, 2012 -
Builders' confidence in their business nears positive territory
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reached 46 this month, and 50 is the tipping point.
By Ron Gallagher • Nov. 19, 2012 -
In brothers' model, D.C. neighborhood is funding its own redevelolpment project
Using an SEC regulatory provision, they showed there can be bottom-up real estate investment.
By Ron Gallagher • Nov. 19, 2012 -
U.S. housing is more affordable – if more buyers could get mortgages
Almost three-quarters of homes in Q3 were affordable on the median U.S. income, but mortgage lenders remain tough.
By Ron Gallagher • Nov. 18, 2012 -
Analysis finds home prices were flat in September
FNC, which leaves foreclosure sales out of its calculations, said nothing changed from August after several months of increases.
By Ron Gallagher • Nov. 18, 2012 -
Deep Dive
Most Read Construction News of the Week: Green building, big damages and recovery
Wrap up your week by getting caught up on the biggest news in construction.
By Brian Warmoth • Nov. 15, 2012 -
New condo construction in Florida? In Miami's case, it's true
Foreclosures stuck in neutral and foreign buyers who will pay during construction have created an exception to the usual story for the Sunshine State.
By Ron Gallagher • Nov. 15, 2012 -
Construction backlog is rising in all but the South
The West appears to have a roaring recovery, with its backlog of construction work up 1.53 months year-over-year to almost nine months of work.
By Ron Gallagher • Nov. 14, 2012 -
Schools have learned that sustainable construction aids their budgets and their students
Public-sector construction has been hit hard by the recession, but schools are sold on building green when they can build.
By Ron Gallagher • Nov. 14, 2012 -
AGC: Materials price drops in October are not good enough news to protect contractors
Prices for construction materials went up 2% in the 12 months ending in October, but contractors' prices did not rise as much except for warehouses.
By Ron Gallagher • Nov. 14, 2012 -
African infrastructure needs look attractive for international contractors
Several governments on the continent are issuing bonds to cover funding gaps for infrastructure, and multinationals are attracted.
By Ron Gallagher • Nov. 14, 2012 -
The strong get stronger: Horton Q4 earnings zoom
D.R. Horton's profits in the fourth quarter of its fiscal year were up 180% from last year's posting.
By Ron Gallagher • Nov. 12, 2012 -
U.S. banks get temporary reprieve from international reserve rules
U.S. banking regulators are holding off on implementing the international capital requirements known as Basel III, giving lenders and borrowers some breathing room.
By Ron Gallagher • Nov. 11, 2012 -
Slow recovery is making equipment rental the American norm
The need for many U.S. construction companies to hedge their bets in an uncertain recovery is making many equipment renters rather than buyers.
By Ron Gallagher • Nov. 8, 2012 -
With election over, road builders call for attention to needed projects and needed funding
It is time, ARTBA's president says, to focus on transportation work that needs to be done and on finding dedicated funding sources.
By Ron Gallagher • Nov. 8, 2012 -
Bank's analysts again push up their estimate for home prices in fourth quarter
Bank of America says it thinks home prices will be up 5% from the same quarter last year.
By Ron Gallagher • Nov. 8, 2012 -
Four Points by Sheraton Berlin Airport to Open in 2014
Starwood Hotels & Resorts Worldwide Inc. has announced plans to introduce Four Points by Sheraton Berlin Airport in Germany’s capital city.
Nov. 8, 2012 -
Sandy probably has an upside for construction employment
Projections are that the work needed to recover from Sandy will produce a small but measurable increase in construction jobs and then in follow-on employment.
By Ron Gallagher • Nov. 7, 2012 -
Lean design is no longer a niche technique for small-home builders
Lean construction – a team approach to less waste, better homes and more profit – is growing up.
By Ron Gallagher • Nov. 7, 2012
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