Economy: Page 134
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Lennar clocks another good quarter, soaring past year-ago profits
The home-builder reported 40 cents per share, which is 263% more than the 2011 third-quarter profit of 11 cents.
By Ron Gallagher • Sept. 24, 2012 -
AIA survey shows what the recession hath wrought in the business of architecture
An American Institute of Architects poll of firms showed revenue declined 41% between 2008 and 2011.
By Ron Gallagher • Sept. 24, 2012 -
Land: Speed bump on the route to a continued housing recovery
Keeping up the return from the recession will require building lots bought at affordable prices.
By Ron Gallagher • Sept. 23, 2012 -
U.S. looks to create commercial opportunities in Vietnam, Indonesia
A trade mission in November is intended to put U.S. infrastructure companies in touch with potential customers.
By Ron Gallagher • Sept. 21, 2012 -
Recovery? Construction jobs off in 30 states in 2011-12 measure
Associated General Contractors blames the decline on lagging infrastructure work an an uncertain tax climate.
By Ron Gallagher • Sept. 21, 2012 -
KB Home revenues increase 16% in third quarter from 2011's showing
The builder's profit margin rose, too, from 16.9% a year ago to 17.5% for the period that ended Aug. 31.
By Ron Gallagher • Sept. 21, 2012 -
30-year mortgage rates return to July's record lows; 15-year rates find a new bottom
Freddie Mac's weekly mortgage-rate roundup finds the average 30-year fixed at 3.49% and the 15-year fixed at 2.77%.
By Ron Gallagher • Sept. 20, 2012 -
Existing home sales up again in August, and so were home prices
The price of homes has not gone up for six straight months since 2005-06.
By Ron Gallagher • Sept. 19, 2012 -
Data report: Business is good for U.S. remodelers
Building permits pulled in July for remodeling jobs were 6% ahead of June and 15% above July 2011.
By Ron Gallagher • Sept. 19, 2012 -
Single-family production keeps housing starts growing in August report
Starts on single-family homes hit an annualized pace of 535,000 last month, and that overrode a multifamily decline.
By Ron Gallagher • Sept. 19, 2012 -
Builder confidence index goes up for fifth straight month, hits six-year high
The index got to 40 on a scale of 100 this month, still in negative territory but the best in six years.
By Ron Gallagher • Sept. 19, 2012 -
Renewed interest in luxury development shows there's life in Las Vegas
Lake Las Vegas offers hope that the hard-hit market has turned a corner toward recovery.
By Ron Gallagher • Sept. 18, 2012 -
2011 data shows how tight mortgage lending really was
Federal Reserve figures show that lenders took the number of loans made to a 16-year low last year.
By Ron Gallagher • Sept. 18, 2012 -
Rebuilding fire-ravaged Colorado homes is hamstrung by builders' money issues
Builders say they have the capacity to recreate homes in areas gutted by wildfires, but need monthly draws.
By Ron Gallagher • Sept. 17, 2012 -
Fake news release promised mortgage help that Fannie does not offer
A bogus promise of a principal-reduction program is hardly what the housing market recovery needs as it gains traction.
By Ron Gallagher • Sept. 17, 2012 -
Temporary federal spending plan is no help for construction
The federal stop-gap spending plan that will serve in place of a real budget for the start of FY 2012-13 lacks MAP-21 increases.
By Ron Gallagher • Sept. 14, 2012 -
Meritage Homes has a sweet summer, with orders up 33%
The company said it's July and August business was well ahead of 2011's traffic.
By Ron Gallagher • Sept. 14, 2012 -
Mortgage rates held steady as everyone waits for the Fed
Freddie Mac's weekly survey Thursday showed the 30-year fixed rate right where it was a week earlier.
By Ron Gallagher • Sept. 13, 2012 -
Newest data gives the edge to buying over renting in 100 largest U.S. metro areas
Data company Trulia considered recent rent jumps and said the numbers favor homeownership.
By Ron Gallagher • Sept. 13, 2012 -
Deep Dive
Most Read Construction News of the Week: Green roofs, unemployment and Dallas homes
Did you know a lab found a way to make roofs more efficient? Find out what else you missed in this week's most popular reads.
By Brian Warmoth • Sept. 13, 2012 -
Most materials prices up in August from 2011, federal numbers show
What contractors would charge for buildings was up in August, but so were many materials prices.
By Ron Gallagher • Sept. 13, 2012 -
Investors will be looking for foreclosure repairs as they buy in bulk
Deep-pocket investors are muscling into foreclosure auctions, snapping up dozens of houses at a time.
By Ron Gallagher • Sept. 12, 2012 -
More homes are popping above water as U.S. prices slowly rise
Data from CoreLogic showed that the mortgage situation got better during the second quarter of the year.
By Ron Gallagher • Sept. 12, 2012 -
Federal job-watchers expect construction to add 1.8 million jobs by 2020
In a little-noticed report, the Bureau of Labor Statistics said the industry will see job growth through this decade.
By Ron Gallagher • Sept. 12, 2012 -
Builders need new thinking to catch the wave of a new housing market
Housing seems to be coming back, but it's not what it was before, and builders cannot simply staff back up.
By Ron Gallagher • Sept. 11, 2012