NAHB Homebuilder Confidence Index dropped in December to 57 from 58 in November. The reading of 59 in September was a nine-year high. Readings above 50 indicate builders feel good about market conditions. All in all, builder sentiment appears to be stabilizing as the housing recovery continues.
Orange County-based builder, The New Home Company, is profiled in this article in the Los Angeles Times. The company, founded by industry veterans Larry Webb, Wayne Stelmar, Tom Redwitz and
Property developers are pouncing on sustained demand for stand-alone home rentals by taking a big step: Building entire single-family neighborhoods designed for renters. When the housing market crashed, investors took
KB Home reported 4Q 2015 earnings of $44 million, or 43 cents a share, compared to analyst expectations of 50 cents a share. KB also reported that average selling prices
