New Homes

Houses Just Ain't Worth What They Used To Be

The Huffington Post | Alexander Eichler | Posted 04.18.2012

It’s a tough time to be a home builder -- especially now that so many houses aren’t worth what it costs to build them. That’s the surprising ...

New Home Sales On Track To Finish As Worst Year On Record

AP | DEREK KRAVITZ | Posted 10.24.2011

WASHINGTON — Sales of new homes fell for the third straight month in July, a sign that housing remains a drag on the economy. If the current pac...

April New-Home Sales Up 7.3 Percent After Slow Start To Year

The Canadian Press | Derek Kravitz | Posted 07.24.2011

(CP) WASHINGTON - More people bought new homes for a second straight month in April, a hopeful sign. Still, sales remain far below the pace that would...

More Americans Signed Contracts To Buy Homes In February

AP | By DEREK KRAVITZ | Posted 05.28.2011

WASHINGTON -- More Americans signed contracts to buy homes in February, but sales were uneven across the country and not enough to signal a rebound in...

Buying A New Home Makes Less Sense After Foreclosure Crisis

AP | DEREK KRAVITZ | Posted 05.25.2011

WASHINGTON — A new home, the dream of many would-be buyers, makes less and less financial sense in many places. A wave of foreclosures has driven...

New Home Construction Falls To Lowest Level Since 2009

Posted 05.25.2011

WASHINGTON: Groundbreaking on new U.S. home construction fell more than expected in December to its lowest in over a year, suggesting the battered hou...

New Home Sales Post The Second-Worst Month On Record

AP | ALAN ZIBEL | Posted 05.25.2011

WASHINGTON — New homes sold at the second-slowest pace on record in August, signaling that the housing market will remain a drag on the economy....

January Housing Construction Rises More Than Expected

Posted 05.25.2011

WASHINGTON (MARTIN CRUTSINGER-- AP) -- Housing construction posted a better-than-expected increase in January which pushed activity to the highest lev...

Detroit Needs Housing Rebound To Spur Pickup Sales

AP | TOM KRISHER | Posted 05.25.2011

DETROIT — At Kevin Haner's construction company in Las Vegas, three of the four Dodge Ram pickup trucks are starting to get a little old. He may...

New Home Sales Fall 3.6 Percent

Posted 05.25.2011

WASHINGTON (AP) -- Sales of new U.S. homes dropped unexpectedly last month as the effects of a soon-to-expire tax credit for first-time owners started...

Banks Demolish New Houses

Eyes and Ears Assignment Desk | Posted 05.25.2011

Eyes and Ears Assignment Desk

Email us if you hear about houses in your area being destroyed by banks that have foreclosed on the property.