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Local home builders were banking on at least two years of relief.
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New appraisal rules are proving problematic for some transactions.
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Single-family activity remains 54.1% below the same month one year ago; multifamily falls 29% on annual basis.
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Former housing hot spots continue to suffer, but pain seems to be subsiding.
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Some federal bills would increase amount available for all buyers. But budget deficits raise questions about the extent of state programs, particularly in California.
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Sales, traffic improving even in move-up and active adult markets.
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CEO says consumers' "abject pessimism" has been replaced with "sense of opportunity."
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RSI Development and Trumark Homes step modestly into still-weak housing markets.
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Inventory falls to 292,000 houses.
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The latest annual report from the Joint Center for Housing Studies sees a market whose future growth is driven by young and immigrant buyers.
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Builders contend that HOAs are trying to step beyond their legal and management boundaries.
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Responsibility has replaced indulgence, according to speakers at PCBC.
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About 14,000 attend show at San Francisco’s Moscone Center.
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Some forecast a turnaround by the end of this year, and possibly even by autumn.
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But many still believe home prices are too high.
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John Zogby defines four types of American spirituality at PCBC and how they relate to housing.
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Total starts leap 17.2% to seasonally adjusted level of 532,000; permits also rise.
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NAHB says housing market and economy are “fragile.”
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They aren't having trouble finding workers now, but some worry about the availability and cost of skilled subs once market conditions improve.
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Giant home-improvement retailer envisions its long-range growth coming from improvements such as centralizing product distribution and making its U.S. stores more productive.