Mortgages and Loans help
“We had hoped to see more construction work after the Road Home funds were distributed, but that still hasn’t happened”
Josue Vega was one of thousands of immigrant workers who flocked to New Orleans in 2005 in hopes of finding a rebuilding job in the wake of Hurricane Katrina. via WSVN-TV Miami Beach
ESCANABA- Spring is usually the start of the construction season, but it’s uncertain how economic woes will impact projects. Residential contractors say more people are renovating rather than building new homes, and commercial contractors say business is slower but steady.
Dave Melin, owner of D Melin & Son Construction, Bark River, said more people are looking to remodel and renovate their home rather than build new.
A 20-month-old county proposal that would require traffic studies in conjunction with many new developments stalled again Tuesday night after a home building executive, a real estate developer and a county … via Tribune-Times
“I know we’re not just building a house this year, we’re building a home.”
APPLETON – The cream-colored, one-story house in a pleasant residential neighborhood is not quite ready for occupancy. via WisInfo
“What people want, really, is to have an open hearing to discuss changing some regulations”
After more than 45 minutes of heated debate, a citizens petition to repeal the wetlands bylaws was roundly defeated at this week’s Town Meeting. via EagleTribune.com, North Andover, MA
“Although market conditions in the home-building industry remain challenging, we continue to focus on reducing inventory and generating cash flow from operations”
D.R. Horton Inc. , the nation’s largest home builder, swung to a second-quarter loss as it took a hefty charge related to its inventory of unsold homes and lower land values. via Pacific Business News
“Despite speculation throughout the financial community that the Newhall Land and Farming Co.’s owner is on the verge of bankruptcy, officials with the Valencia builder remained tight-lipped this week.”
The Union Tribune reports from California. “Dragged down by declines in hiring and home-building, San Diego County’s economic outlook continued to plummet in Marchmarking the 23rd time in 24 months that the … via The Housing Bubble Blog
A state Supreme Court ruling last week has some area lawyers worried the court has created a loophole that could lead to more property owners building their own homes to skirt responsibility for defects.
The court ruled a Hilton Head Island property owner who built his own home is not liable for shoddy construction work discovered by the next owner.
Report: Spending slows on home remodeling Birmingham Business Journal Consumers are spending less to remodel their homes, according to a report issued Thursday by Harvard’s Joint Center for Housing Studies. Falling consumer confidence adn a weakening economy are the leading reasons for the decrease.
Wide plank floors continue to be a popular choice for homeowners who are looking to upgrade their floors.
As this article shows, the range of woods and stains means there is something to suit all budgets and house styles. And with the increasing emphasis on renewable resources, hardwood flooring remains a wise investment.