Economy: Page 138
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Commercial balloon loans near 12-month low for pay-offs
The number of commercial real estate loans being paid off when their balloon rates kick in is stubbornly near low.
By Ron Gallagher • July 10, 2012 -
FHA-backed delinquent loans in May stood 23% above last year
The agency reported that 713,104 mortgages it insures were seriously delinquent, a tick up from April.
By Ron Gallagher • July 9, 2012 -
Obama housing scorecard records housing gains
A scorecard kept by federal agencies shows some progress in home sales and owners' equity.
By Ron Gallagher • July 9, 2012 -
NAHB to host first “Rally for Homeownership” in Tampa
The organization is planning events in swing states to keep homeownership issues on the front burner in election campaigns.
By Ron Gallagher • July 5, 2012 -
Widespread net-zero building needs tax incentives for a while longer
The up-front cost of materials for green building will need a tax offset on the construction for "a few more years," advocates say.
By Ron Gallagher • July 5, 2012 -
Calif. governor's signature expected on homeowners' 'Bill of Rights'
Gov. Jerry Brown says the package of bills sent for his signature is a good idea, but did not say when he would sign it into law.
By Ron Gallagher • July 5, 2012 -
Rents hit all-time high as apartment vacancies plunge
Reis, the data-tracking company, says the second-quarter vacancy rate nationally was 4.7% for April through June.
By Ron Gallagher • July 5, 2012 -
National picture for office-space occupancy is dull at best
The amount of occupied office space in the country continues to grow at an anemic pace compared with pre-cession activity.
By Ron Gallagher • July 3, 2012 -
Lending groups warn 3 California municipalities against eminent domain loan-takings
Using eminent domain powers to take troubled mortgages from investors and protect homeowners would damage lending, banking interests said.
By Ron Gallagher • July 2, 2012 -
U.S. construction spending hits two-year high
Private and residential construction see significant upticks as May activity beats April numbers.
By Brian Warmoth • July 2, 2012 -
Most Read Construction News of the Week: 4 WTC, tax cuts and business cash flow
Catch up with this week's most popular news in Construction Dive's five most read news posts of the week. You might see something you missed.
By Brian Warmoth • June 29, 2012 -
First-quarter GDP growth positive, but below 2011 Q4 pace
The U.S. GDP for January through March grew 1.9% – more slowly than the last quarter of 2011 – but residential and commercial building helped make it a positive quarter.
By Ron Gallagher • June 29, 2012 -
Titan America chief urges building resilience in sustainability standards
A plea for "sustainable" to include "resilient" in worldwide construction was part of a meeting of 1,000 business executives at the Rio+20 environmental conference.
By Brian Warmoth • June 28, 2012 -
Consumer Confidence Index slides again in June
Consumer confidence, no small factor in the U.S. economy, the recovery and home-building, is down for the fourth month in a row.
By Ron Gallagher • June 27, 2012 -
Realtors' index of pending home sales in May is a two-year best
Data from around the country put the Pending Home Sales Index at 101.1 last month, up from April and matching March.
By Ron Gallagher • June 27, 2012 -
Lennar looking up with highly improved second-quarter
Lennar Corp. posted a giant leap in per-share earnings, but even without a one-time tax benefit, they tripled from a year earlier.
By Ron Gallagher • June 27, 2012 -
McGraw-Hill midyear forecast sees overall construction up 2% in 2012
The revised Dodge Construction Outlook sees small gains for commercial and single-family and multifamily residential starts and sagging institutional building, public works and manufacturing.
By Ron Gallagher • June 27, 2012 -
Brooklyn Heights Condo Project Reports Brisk Sales
The appetite for condos seems to be back in certain markets, such as parts of New York, if buyers' enthusiasm for buying them is any indication.
By Lindsey Smith • June 27, 2012 -
NWP Services Corporation and Spherexx.com® Form Strategic Alliance to Increase Yield Per Unit for Apartment Communities
NWP Services Corporation (NWP) and Spherexx.com announced a strategic alliance to provide improved rent yield options and payment services to apartment communities nationwide that will generate increased revenue for property owners and managers.
By Lindsey Smith • June 27, 2012 -
North Dakota Is Bakken Business
Western North Dakota towns see strong surge in demand for construction to keep up with oil expansion near the Bakken.
By Lindsey Smith • June 27, 2012 -
Viewpoint: Why Home Baseline Water Testing Matter
Opinion by SAIC’s James J. Kohlhaas on a key issue related to risks of hydraulic fracturing.
By Lindsey Smith • June 27, 2012 -
Younan Continues to Trim Leverage with Sale of Houston Asset
Prior to selling 1700 West Loop South in Houston, Younan Properties Inc. had sold $400 million worth of properties and reduced its leverage by 30 percent over the past year.
By Lindsey Smith • June 27, 2012 -
Bond-Boosted Jersey Job Hits Halfway Mark
Massive turnpike widening is state’s largest.
By Lindsey Smith • June 27, 2012 -
U.S. Remains Most Transparent Market as Openness Advances Globally: Jones Lang LaSalle
Nearly 90 percent of the world's markets have improved transparency since the last survey in 2010. This year Jones Lang LaSalle is introducing a new index for transparency in sustainability.
By Lindsey Smith • June 27, 2012 -
Benton Harbor and St. Joseph reinventing themselves in Michigan
Set adrift on the shores of Lake Michigan when Whirpool left them behind, the cities are reshaping themselves as a recreation and conference destination.
By Ron Gallagher • June 26, 2012
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