Recent Articles By The Author
Large Homebuilder May Be Near Bankruptcy
Private homebuilder Woodside Homes is facing an involuntary petition filed by note holders in U.S. Bankruptcy Court.
Housing Data Suggest Bottoming (Update)
Sales of newly constructed homes totaled an annual rate of 515,000 in July, slightly lower than expectations but also higher than June.
Home Sales Rise in July as Prices Fall
The sales of existing homes in the U.S. rise slightly in July, but the median sales price continues to fall.
Sovereign Could Feel Fannie, Freddie Pain
The regional bank has $622.6 million in exposure to preferred stock of the two reeling government-sponsored entities.
Stimulus Checks Lessen Home Depot Pain
The home-improvement giant's sales and earnings drop but not as much as expected.