Posts Tagged ‘LAND’The Foreclosure Epidemic: The Bulldozers ComethBy ANDREW JEFFERY This post first appeared on Minyanville. Simply put: There are too many homes in America. Travel to the outskirts of Phoenix, California’s inland empire — or even suburban Washington, DC — and you’ll find scores of vacant homes, for-sale signs, and soon-to-be ghost towns. Sprawling Lennar (LEN) cookie-cutter developments, Pulte Home (PHM) [...] Housing Perspective: March Homebuilder SentimentConditions in the world of building new homes remains poor to quite poor. The National Association of Homebuilders (or NAHB), the industry lobbyist group, released its monthly builder confidence index this morning, which registered a near-record low reading of 9. Sentiment was unchanged from last month, which matched analysts expectations. The builder group is hopeful [...] A Housing Solution that Focuses on (Gasp!) HousesThis post first appeared on Minyanville and our sister site, Dawn Patrol. Every once in a while, the most important news story of the day is the one the Wall Street Journal allots a mere 200 words. In a move that will soon be greeted with quiet mutterings of “I should have seen this coming,” [...] |