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San Jose home builders

Black (Tea) Monday: S & P downgrades Fannie and Freddie

  • Fannie Mae Freddie Mac downgraded
  • August 8, 2011
While the nation is coming to grips this morning with a global stock market sell-off that has wiped out over $2.5 trillion in value, S & P...
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New home sales fall to record low

New home sales plunged to a record low in February, falling 16.9% to a seasonally adjusted annual rate of 250,000 units, far south of the rate of...
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New Home Sales Rise 6.6% in September, but analysts still cautious

The Commerce Department came out with September's new home sales numbers, and they showed a 6.6% jump from August. This coming after one of the...
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Housing starts up, home builders happy?

Home builders have some good news. Housing starts were up according to the National Association of Home Builders. On Monday it said the monthly...
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Roller coaster ride on Wall Street - mortgage rates along for the ride

Last week saw one of the most volatile weeks in history - the worst May since May 1962. Forecasters are divided on what we will see in the coming...
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Big home builders are doing A-ok - in spite of crying wolf in this difficult economy

Stats from the National Association of Home builders (nahb.org) There has been a deluge of reports about how bad business is for home builders....
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