Home Builders

Officials hope to spur development in two depressed communities where housing programs have struggled to ignite.

tucked inside the law was another prize: a tax break that lets big companies offset losses incurred in 2008 and 2009 against profits booked as far back as 2004. The tax cuts will generate corporate refunds or relief worth about $33 billion, according to an administration estimate. …

The new tax break for businesses signed into law on Friday will result in a windfall valued at hundreds of millions of dollars for the biggest home builders.

U.S. Nov. Home Builders' Index Flat At 17

Confidence among U.S. home builders slipped in October, largely on the looming expiration of a big tax credit.

Once again we see another disguised bailout. Remember that Obama said the bailouts were over, instead they just disguise them. On Nov. 6, President Obama signed the Worker, Homeownership and Business Assistance Act of 2009 into law, extending unemployment benefits by 20 weeks and renewing the…

Gretchen Morgenson at the NY Times writes about the tax loss carry-forward "gift" for home builders in the recently signed "Worker, Homeownership and Business Assistance Act of 2009": Home Builders (You Heard That Right) Get a Gift The Center for Responsive Politics reports that through Oct. 26…

By KYLE KENNEDY THE LEDGER LAKELAND | Home construction activity was weak in September as builders continued to struggle with effects of the recession. A total of 102 permits for new single-family homes were recorded in Polk County last month, according to local city and county building…

U.S. home builders' index posts third straight rise in September

The U.S. Securities and Exchange Commission is investigating KB Home for possible accounting and disclosure issues, the company disclosed. KB Home, one of the largest home builders in the United States, revealed the investigation in a quarterly regularity filing Friday and confirmed it in an…

Home Builders' Confidence Slips To 18 In October

U.S. Home Builders' Index Rises To 19 From 18

Outside of the nation's pricey metros and suburbs, there are pockets where new building permits are surging

Home builders initiated construction of far fewer new homes in October than the month before, a big and unexpected drop for the struggling industry, according to a government report issued Wednesday.