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FOR SALE BY OWNER FEATURE PROPERTIES

Toll Brothers reported a sharp drop in sales and net new orders as buyers cancelled contracts to buy its more expensive homes.

Toll Brothers sales plunge

category: Real Estate subcategory: Real Estate Industry

08.11.2007 Luxury home builder Toll Brothers issued preliminary fourth-quarter results Thursday that showed a sharp drop in the number of new homes sold and an even deeper plunge in the average price of the home it was able to sell, as buyers canceled orders for its more expensive offerings.  Read more…


Real Estate: Real Estate Industry

Home prices post record decline

Home prices fell 6.7 percent in October, compared with a year ago, according to the S&P/Case-Shiller 10-city home-price index, a record drop as housing markets continued to deteriorate. Read more…


Mortgage mess has government scrambling

Read full story for latest details. Read more…


Homeowners fret over property taxes

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Hovnanian sees rebound, but Street worries

Read full story for latest details. Read more…


November foreclosures take a dip

A new read on foreclosure filings showed a double-digit drop for November, but don't expect the slowdown to last. Read more…


Mortgage applications tumble, MBA says

Read full story for latest details. Read more…


New home construction drops

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Next steps for FHA bills

A Senate bill that would expand the functions of the Federal Housing Administration (FHA) could help upwards of 200,000 homeowners - though a similar House bill that passed last month is more aggressive. Read more…


Fed to tighten up lending rules

The Federal Reserve on Tuesday will propose a much stricter set of rules for mortgage lenders as part of the central bank's effort to avert abusive lending. Read more…


Fed to crack down on shady lenders

Read full story for latest details. Read more…



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