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Builder Magazine: Latest News

Laing Consolidates in Northern California
Irvine-based builder merges three divisions into one.
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Residential Construction Sheds More Jobs in June
Nation’s unemployment rate remains at 5.5 percent.
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Taylor Wimpey Takes $1.3 Billion Write-Off
British firm is parent company of U.S. home builder Taylor Morrison.
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Localities to Lenders: Maintain Your Foreclosures
Faced with numerous foreclosures that create public safety hazards and drag down property values, cities and states say banks must take care of properties or face big fines.
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Florida Courts Can Now Conduct Foreclosure Sales Online
Bill that went into effect July 1 expected to expand bidding process and lower administrative costs.
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Austin City Council Passes Watered-Down Accessibility Rule
New rules regarding first-floor bathrooms mark the first time any municipality has mandated accessibility features for private homes.
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Florida Joins States Suing Countrywide Financial
Florida is now the fourth state to sue Countrywide Financial.
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Construction Spending Dips Slightly in May
Analysts, economists suggest trend of single-family construction declines may be ending.
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Georgia Builder Shuts Its Doors
Robert Harris Homes couldn’t get lenders to restructure its debt.
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New Jersey Likely to Adopt Affordable Housing Reform
Governor Corzine pledges support for bill passed by state legislature, but has yet to sign it.
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Demand for Accessible Homes Will Rise
Universal design has yet to become mainstream practice in the home building industry, but that may change as the boomer generation ventures further into its retirement years.
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Standard Pacific Gets Cash Infusion
MatlinPatterson Global Advisors will provide a $530 million cash infusion into the heavily indebted company.
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Illinois, California Sue Countrywide
Illinois and California attorney generals and Washington Governor file suit against Countrywide Financial on same day as company shareholders vote to accept Bank of America takeover bid.
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Builder Blocks 06.30.08
Countrywide gets sued, home prices take a dive, and builders leave their hearts at PCBC in San Francisco.
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New Products: PCBC Day 3
Discover the latest new products featured at this week's Pacific Coast Builders Show in San Francisco.
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Existing-Home Sales Bump Upward in May
Compared to last month, level rises 2 percent to 4.99 million units.
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Caruso Homes' owner confident about quick reorganization
Baltimore-area builder is close to getting court approval for project-based financing from lenders.
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PCBC News: CBIA predicts fewer homes will be built in California in 2008
Level of housing activity in Golden State could be lowest since World War II.
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PCBC Panel Provides Uplifting Message
Pulte and Shea chief executives agree better times are ahead.
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Moving Beyond the Environmental Message
Panelists at PCBC tell pros to educate their clients about the personal benefits of going green.
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