Housing Giants - March 15, 2009 - (Page 4) News// Moves News & Moves Texas Governor: We’re Faring Better Than Others — The Daily Texan Texas Gov. Rick Perry addressed the Texas Association of Builders late February, saying that amid the downturn Texas hasn’t been hit as hard as other states. Prepare your community for tomorrow with Connexion Technologies… High Expectations for State Tax Credit — San Diego Union-Tribune Yun on New Home Sales — Bloomberg TV National Association of Realtors’ Chief Economist Lawrence Yun analyzes the new-home sales 10 percent decrease to a record low. California Legislature passed a budget compromise that included a $10,000 state tax credit for home buyers. Home builders in California hope this will get people buying. Do Green Buildings Save Money? — The New York Times Builder Land Turns into Crime Scene — KOB-TV Albuquerque C.P. Morgan Bites the Dust — IndyStar.com After 26 years in the housing market, home-builder C.P. Morgan shut its doors. The debate’s raging that the technology to make greener homes takes too long to pay off. KB Home planned to build homes in West Mesa, N.M., but the land’s now a crime scene; 11 buried bodies have been discovered in the land the company owns. Peachtree Residential Finds Niche — The Atlanta Journal-Constitution Fla. County Development Approval Process Hinders Builders — The Tampa Tribune Home Builder’s Upbringing Helps Him Cope with Times — The Chicago Tribune All the bad news is driving business up for Orland Park, Ill.-based home builder Henry P. Coyle. Coyle credits his father with the knowledge to keep him afloat. Commissioners want county officials to cut the red tape so that building permits can go forward and work can pick up. County officials say speeding things up won’t improve the housing market. Dave Borreson, CEO of home builder Peachtree Residential, says the firms is putting up luxury infill homes starting at $700,000. Executive Management Changes at Two Home Building COS. — CNNMoney.com Ryland Group and Standard Pacific Corp., both based out of California, announced changes among their executive management staffs. Home Buyers Want Money Back — KOB-TV Albuquerque Beazer Faces Delisting Warning — The Atlanta Journal-Constitution Customers hoping for a dream home from Wallen Homes are coming up emptyhanded and are speaking up after the firm closed its doors and annulled all contracts. Atlanta-based Beazer Homes shares have been trading below $1, which may prompt the New York Stock Exchange to issue a delisting warning. You can provide for the everchanging technological needs of residents without touching your budget. By partnering with Connexion Technologies to install a cutting-edge Fiber to the Home network in your community, your residents can enjoy the best entertainment and communications services delivered over a fiber-optic network. This network will also be ready to handle almost any new service that comes to market. Find out more at or contact us at Home Prices Need to Drop, Columnist Says — CBSNews.com The feds need to stay out of the housing situation, says CBS writer Declan McCullagh, and prices need to fall more. www.cnxntech.com 919.535.7329 John Laing Homes Files Chapter 11 — BusinessWeek 04 03.15.09 HOUSING GIANTS www.HousingGiants.com California-based John Laing Homes filed for bankruptcy protection. http://www.dailytexanonline.com/perry_addresses_builders_on_housing_market_s_vitality-1.1574823 http://www.clipsyndicate.com/publish/video/850559/housing_outlook_new_hom%20e_sales_fall_10_to_record_low http://www3.signonsandiego.com/stories/2009/feb/27/1b27buy214348-home-builders-expect-boost-state-tax/?zIndex=59238 http://www.dailytexanonline.com/perry_addresses_builders_on_housing_market_s_vitality-1.1574823 http://www.realtor.org http://www.realtor.org http://www.texasbuilders.org/ http://www.clipsyndicate.com/publish/video/851476/home_buyers_face_dilemm%20a_on_west_mesa http://www.nytimes.com/cwire/2009/02/27/27climatewire-can-green-buildings-pass-payback-tests-9910.html http://www.indystar.com/article/20090227/BUSINESS04/902270339 http://www.IndyStar.com http://www.kbhome.com http://www.cpmorgan.com http://www.ajc.com/services/content/printedition/2009/02/28/hometrends02282.html http://www2.tbo.com/content/2009/feb/26/na-red-tape-binds-builders-commissioner-says/ http://www.chicagotribune.com/classified/realestate/newhomes/chi-builder-coyle_chomes_0227feb27,0,1733873.story http://www2.tbo.com/content/2009/feb/26/na-red-tape-binds-builders-commissioner-says/ http://www.peachtreeresidential.com http://www.chicagotribune.com/classified/realestate/newhomes/chi-builder-coyle_chomes_0227feb27,0,1733873.story http://money.cnn.com/news/newsfeeds/articles/djf500/200902251814DOWJONESDJONLINE000822_FORTUNE5.htm http://money.cnn.com/news/newsfeeds/articles/djf500/200902251814DOWJONESDJONLINE000822_FORTUNE5.htm http://www.CNNMoney.com http://www.ryland.com http://www.standardpacifichomes.com http://www.ajc.com/services/content/business/stories/2009/02/25/beazer0225.html http://www.clipsyndicate.com/publish/video/851200/customers_want_refund_f%20rom_home_builder http://www.beazer.com http://www.wallenbuilders.com http://www.cbsnews.com/stories/2009/02/25/politics/otherpeoplesmoney/main4826813.shtml http://www.cnxntech.com http://www.wallenbuilders.com http://www.cbsnews.com/stories/2009/02/25/politics/otherpeoplesmoney/main4826813.shtml http://www.CBSNews.com http://www.businessweek.com/ap/financialnews/D96FCINO1.htm http://www.johnlainghomes.com http://www.cnxntech.com http://www.HousingGiants.com
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