February 10, 2012 Comments Off on Bernanke: Weak housing has hurt consumer spending
WASHINGTON — Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years. The Federal Reserve chairman drew the ...
Tagged with: Barack Obama Ben Bernanke federal reserve foreclosure home builders home prices homes housing interest rate mortgage National Association of Home Builders sales underwater
Read More »January 10, 2012 Comments Off on Home builders agree to settlements with Md. Consumer Protection unit
The Consumer Protection Division’s Home Builder Registration Unit entered into settlement agreements with 27 home builders who have agreed to pay penalties totaling $26,000 to settle allegations that they operated without being registered, failed to disclose required information to the ...
Tagged with: doug gansler home builders maryland Ryan Homes
Read More »December 11, 2011 Comments Off on Maryland home builders expect another sluggish year in ’12
Maryland home builders expect a sluggish 2012 as joblessness and low consumer confidence have delayed a housing market recovery until at least 2013, according to experts at a forecast event held by the Home Builders Association of Maryland. “We’ve had ...
Tagged with: Anirban Basu consumer confidence Development home builders Home Builders Association of Maryland joblessness maryland National Association of Home Builders Sage Policy Group
Read More »July 19, 2011 1 Comment
WASHINGTON — U.S. builders broke ground on more single-family homes and apartments in June, helping the battered construction industry gain a little life after a dismal spring. The Commerce Department said Tuesday that builders began work on a seasonally adjusted ...
Tagged with: BMO Capital Markets builders commerce commerce department construction Development economist home builders home building homes MFR inc Real Estate washington
Read More »June 16, 2011 Comments Off on Builders start more homes but pace still slow
WASHINGTON — Builders broke ground on more new homes in May, but not enough to signal a recovery in the troubled housing market. New-home construction rose 3.5 percent from April to a seasonally adjusted annual rate of 560,000 units per ...
Tagged with: builders commerce commerce department construction credit Development economists home builders housing market new home construction Real Estate washington
Read More »May 24, 2011 Comments Off on New-home sales up, but pace remains sluggish
WASHINGTON — More Americans bought new homes in April, but sales remain far below the pace that would represent a healthy housing market. The Commerce Department says new-home sales rose 7.3 percent last month to a seasonally adjusted annual rate ...
Tagged with: americans commerce commerce department home builders homes housing housing market National Association of Home Builders new-home sales
Read More »May 16, 2011 Comments Off on US builders see little to like in housing market
WASHINGTON — U.S. homebuilders are concerned that the struggling housing market won’t recover this year and some feel it may be getting worse. Builders’ outlook for the industry in May was unchanged at 16, the National Association of Home Builders ...
Tagged with: builders home builders home building homebuilders homes housing housing market index National Association of Home Builders washington
Read More »October 18, 2010 Comments Off on Builders see more traffic in October
WASHINGTON— Builders are pessimistic about the housing market, but are seeing a little more foot traffic after the worst summer for home sales in a decade. The National Association of Home Builders said Monday its monthly index of builders’ sentiment ...
Tagged with: builders home builders october sales traffic
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