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Home Builders: Beaten Down and Looking Up
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Sentiment surrounding home-builder stocks remains in the dumps, but some technicians and analysts are seeing glimmers of hope in the sector.
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Home Builder Shares Up Again Despite Weak Sales Data
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Shares of home builders rose Wednesday, continuing Tuesday's pattern of gaining following weaker-than-expected sales figures, as investors speculate the data may signal a bottom.
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Home builder confidence dropped again in July - NAHB
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Builder confidence dropped again in July 2010 and a monthly index conducted by the National Association of Home Builders and Wells Fargo is at its lowest level since April 2009, down from a three year high just two months ago.
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Home-Builder Confidence Drops
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Rattled by economic conditions and the expiration of a government subsidy for home buyers, U.S. builder confidence in July sank to its lowest level in more than a year, casting doubt on the housing sector's recovery.
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Homebuilder guilty of fraud
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BUNNELL -- As a bailiff locked a pair of handcuffs on Herbert Heron in a Flagler County courtroom Tuesday, the former homebuilder turned toward the customers he had just been convicted of defrauding.
Heron muttered something about how he hoped homebuyers Anthony and Lisa Rappa were happy now.
But one person who wasn't happy was Senior Judge Richard O. Watson, who demanded Heron tell him what he'd just said.
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