Please ensure Javascript is enabled for purposes of website accessibility

housing boom

Nov 19, 2013

JPMorgan’s role in burst housing bubble costs $13B

WASHINGTON — JPMorgan Chase & Co. has reached a record $13 billion settlement with federal and state authorities, resolving claims over the bank’s sales of low-quality, high-risk mortgage-backed securities that collapsed in value during the U.S. housing crisis. The agreement is the latest chapter in the bursting of the housing bubble. “Without a doubt, the […]

Jan 18, 2012

Buyer interest leaves homebuilders less gloomy

WASHINGTON — U.S. homebuilders are growing a little less pessimistic about the depressed housing market after seeing more people say they might be open to buying a home this year. The National Association of Home Builders/Wells Fargo builder sentiment index rose four points to 25 in January. That’s the highest level since June 2007. Even […]

Dec 19, 2011

U.S. homebuilders expressing less pessimism

WASHINGTON — Rising interest from would-be buyers is leaving U.S. homebuilders less pessimistic about the housing market. But tighter lending standards are still keeping many potential buyers from purchasing new homes. The National Association of Home Builders/Wells Fargo builder sentiment index rose two points to 21 in December. That’s the highest level since May 2010. […]

Aug 15, 2011

U.S. home builders not optimistic in August

WASHINGTON — Homebuilders are not feeling very good about a turnaround in the U.S. housing market. The National Association of Home Builders says its index of builder sentiment in August was unchanged at 15. Any reading below 50 indicates negative sentiment about the housing market. The index hasn’t reached 50 since April 2006, the peak […]

Jun 15, 2011

U.S. builders’ outlook falls amid weakening sales

WASHINGTON — The outlook among U.S. homebuilders has been grim all year. This month, it became grimmer. An index that measures builders’ sentiment for their industry fell three points in June to 13, the National Association of Home Builders said Monday. That’s the lowest level in nine months. And it’s just five points above the […]

Networking Calendar

Submit an entry for the business calendar