Turn that frown upside down, housing market!
Quality of life in America requires a handful of essential elements. Food, clothing and shelter are chief among them. For the economy to recover from the doldrums, however, America needs its housing market to show real gains. Military loans can help service families to [...]
Companies merge in housing slump
Pulte Homes Inc. has purchased Centex Corp. The two homebuilders will both benefit from joining their assets now, as the United States is in the worst housing slump since the ’30s. Pulte bought Centex for $1.3 billion in an all-stock deal. The companies now share $1.8 [...]
People buying houses again
For the first time in seven months, new home sales in the United States rose in February. Many market analysts were concerned that the rise in housing starts was only weather-related.
Turns out, if you build them, they will come. New home sales increased 4.7 percent in February [...]