Tag Archives: percent

Lennar hits highest level since 2007 – Miami Herald

Lennar Corp., the third-largest U.S. homebuilder by revenue, rose to its highest point since September 2007 after reporting net income that beat estimates and a 33 percent increase in new home orders. Net income for the three months ended Feb … Continue reading

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Homebuilders Get Cameron Boost With 5% Down Payments: Mortgages – Businessweek

Jan. 23 (Bloomberg) — The British government’s plan to help reduce down payments for new homes to as low as 5 percent will give a boost to a homebuilding industry that’s learned how to survive a slowing economy and four … Continue reading

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Montgomery County opens new schools, but overcrowding worries remain – Maryland Community Newspapers Online

The Bethesda-Chevy Chase and Richard Montgomery clusters are over 120 percent capacity, which normally triggers a moratorium on new house construction. The school system has put “placeholder” projects in its budget to allow development to proceed. New House News Link

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Montgomery County opens new schools, but overcrowding worries remain – Maryland Community Newspapers Online

The Bethesda-Chevy Chase and Richard Montgomery clusters are over 120 percent capacity, which normally triggers a moratorium on new house construction. The school system has put “placeholder” projects in its budget to allow development to proceed. New House News Link

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NAHB spent $510,000 lobbying in 3Q – YAHOO!

WASHINGTON (AP) — The homebuilding industry’s main trade association spent $ 510,000 in the third quarter lobbying the federal government on housing, insurance, mortgage lending and other issues, according to a disclosure report. That’s about 28 percent … New House … Continue reading

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KB Home faces range-bound strategy – Yahoo Finance

A large put sale in KB Home appears to be part of a broader strategy that is looking for the stock to trade sideways for the next month or so. The homebuilder closed the session at $ 7.18, up 1.56 … Continue reading

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Home builders boost September construction spending – Oregonian

U.S. builders spent slightly more in September on home construction, partially offsetting losses in public schools, roads and government offices. The Commerce Department says construction spending rose 0.2 percent in September from August to a … New House News Link

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Australian Market Trades Notably Lower – RTT News

(RTTNews) – The Bureau said the number of finance approvals for new house construction was up 0.8 percent while the number of approvals to buy newly built homes was up 6.0 percent. Approvals for the purchase of already built homes … Continue reading

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Sales of new homes slipping – Las Vegas Review Journal

Builders pulled 287 new-home permits in July, led by KB Home (42), Richmond American (38) and Pulte (26). Permit activity is down 28.5 percent from a year ago, at 2,311. There were 3,837 recorded resales in July, down from a … Continue reading

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How put buyer is playing Beazer Homes – Yahoo Finance

Beazer Homes is attempting to bounce off lows, but put buying dominates the builder’s option volume today. BZH is up 3.5 percent to $ 3.51 in midday trading. Shares have been trending lower since its 52-week high of $ 6.23 … Continue reading

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