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On the rise: Homebuilders and developers see major spike in sales activity

On the rise: Homebuilders and developers see major spike in sales activity

The numbers tell the story of a sudden boom in business for area homebuilders and developers. And most are optimistic the growth will continue. There were 680 new single-family building permits issued in the first quarter of 2013 in El Paso County, almost 40 percent more than in the first quarter of 2012 and the… Continue Reading On the rise: Homebuilders and developers see major spike in sales activity

Homebuilder sentiment index unchanged in January

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U.S. homebuilders remain discouraged over the prospects for improved home sales in the months ahead, unconvinced as yet that the economy will spur the kind of job growth needed to coax more buyers into the market. The National Association of Home Builders said Tuesday that its monthly reading of builders’ sentiment was unchanged in January… Continue Reading Homebuilder sentiment index unchanged in January

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Homebuilders toughing it out

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So what are the chances that residential construction will be one of the endangered species that overcomes all obstacles? Will it, like the delisted bald eagle or western grey wolf, return to reproducing at healthy levels? Housing and Building Association of Colorado Springs President Ralph Braden thinks so. He stops short, however, of predicting a… Continue Reading Homebuilders toughing it out

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Homebuilders Pulte, Centex merge

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Pulte Homes and Centex Corp. have merged. Boards of both companies approved an agreement in a stock-for-stock transaction valued at $3.1 billion, including $1.8 billion of net debt. Pulte has built homes in The Heights at Cross Creek, The Bluffs at Spring Creek, Sand Creek Villas and Countryside Townhomes. Centex currently has no active new… Continue Reading Homebuilders Pulte, Centex merge

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