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NAHB Shuts Down Operations for Week to Save Money

by devteam August 25th, 2009

The National Association of Home Builders has closed its office for the entire week in an effort to cut expenses. The organization will also take an extended holiday during the entire week of Thanksgiving according to a press release on its website.

S&P Case Shiller: Home Prices Improve in June

by devteam August 25th, 2009

Home prices across the United States are beginning the process of stabilization, according to an industry survey that found price declines moderating at a quicker pace than expected in June.rnrnThe S&P Case-Shiller Home Price Index said its survey of 20 metropolitan cities found prices moving upwards for the second consecutive month. Prices in June moved up 1.4%, following a 0.5% uptick in May, with 18 of the 20 metropolitan areas seeing improvement.

Bill Seeks Expansion of Home Buyer Tax Credit

by devteam August 25th, 2009

A bill currently before the House Ways and Means Committee would both extend the $8000 tax credit offered to first-time homebuyers beyond its current expiration date and allow virtually all homebuyers to take advantage of it.

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