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Home builder TOUSA says will not reorganize
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Bankrupt U.S. home builder TOUSA Inc said on Monday it plans to sell off its remaining assets and complete homes currently under construction, rather than reorganize itself.
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Irving's Choice Homes is latest homebuilder to suspend operations
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One of North Texas' largest homebuilders is suspending operations because of the tight credit markets.
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UK home builder Redrow posts 6-month loss
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Homebuilder Redrow PLC said Tuesday it lost 33.3 million pounds ($48.3 million) in the six months ending Dec. 31 as sales fell by half amid Britain's housing market slump.
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California home builders publicize new state tax credit
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Hours after a new state budget produced a $10,000 tax credit for buyers of new, unoccupied houses in California, home builders began gearing up marketing campaigns around the surprise tax break hoping to spur new traffic to their models this weekend.
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Move to shore up home builders
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THE NSW Government says it will introduce a range of measures to stem the tide of home-building company failures across the state.
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