February 2010 
There are 1 blog entries for February 2010.
The Future Looking Brighter For Builders
Tuesday, February 16th, 2010 at 8:46pm. 298 Views, 1 Comments.
It’s been a rough few years for home builders. With the decline of the economy in general and the explosion of the housing bubble in particular, the home building industry has been one of the hardest hit in the recession. But now, finally, things are starting to improve.
Builders across the country are reporting higher order rates, fewer cancellations and less write-downs than they’ve been experiencing in recent years. That means that one of the nation’s most struggling industries is finally starting to see profitability again.
Builder D.R. Horton Inc. reported that the company had a 45% increase in new home orders compared to last year. Their cancellation rate also dropped to 26%, as opposed to last year’s 38%. Similarly, Beazer Homes…