KB Homes: ‘Persistently Poor Demand’
KB Home’s quarterly loss nearly doubled as prices fell amid a continuing housing downturn and credit crisis.
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Sector Snap: Mortgage Insurers (AP via Yahoo! Finance) Shares of mortgage insurers plummeted Wednesday after the biggest mortgage insurer said it expects claims to swell this year.read more...
Home pricing takes into account recent sales, intangibles The flier for the house at 235 W. Central Ave. is the sort that raises eyebrows and prompts exclamations about the high prices in Missoula real estate.via
I See a Mural in Your Future "I've been waiting for you for 10 years!" Pam Marcon trilled in welcome. That's how long friends have been urging her to tell the press about her murals. You would
Housing Starts Fall to 10-Year Low Amid Slow Sales, Tightening Credit U.S. home builders cut back again in July starting construction on the fewest number of new homes in more than 10 years. read more...
KB Home: Housing Market Slump to Last "Our third-quarter results reflect the seriously challenging market conditions that prevail for homebuilders across most of the nation" A new KB Home development is seen in Los Angeles, Wednesday,
Senators propose tightening rules on mortgage brokers (Market Watch) WASHINGTON (MarketWatch) -- Mortgage brokers would be saddled with new rules designed to protect borrowers in the hard-hit subprime market under a bill introduced Thursday in the Senate.