Topic: Residential Real Estate Management and Development
Economy drives families together under one roof
Reuters Life! Online Report
NEW YORK (Reuters) - The recession slowed most homebuilding in the United States to a standstill but it has fueled demand for a special kind of housing: the granny flat. As unemployment hovers around 10 percent and healthcare costs spiral upward, homebuyers like Stephanie Charbeneau want to cut costs by sharing ...
Tax gains drive profits for homebuilders
AP News
Large homebuilders recouping housing boom-era taxes and eking out profitsIt's tax season, and the IRS is being particularly generous to some of the nation's largest homebuilders. Several publicly traded companies, including Lennar Corp., Hovnanian Enterprises Inc. and Pulte Homes Inc., expect to rake in roughly $2.5 billion ...
Summary Box: Housing construction falls in Feb.
AP News
Summary Box: February snows depress housing construction with permit applications also downHOUSING STARTS: Construction of new homes and apartments fell 5.9 percent in February to a seasonally adjusted annual rate of 575,000 units. SNOW EFFECT: Economists blamed the heavy snowstorms that hit the East Coast, noting that the ...
Bad weather depresses housing starts in February
Reuters US Online Report Domestic News
WASHINGTON (Reuters) - U.S. housing starts fell last month as winter storms disrupted construction, and another drop in building permits suggested the weakness would linger. Though the data on Tuesday was an indication home building would clip economic growth in the first quarter, it was not as weak as analysts ...
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