Tag Archives: Commerce Department

Home Sales Disappoint Twice

Sales of newly built homes fell hard in June, despite newfound optimism in the housing recovery, especially among the home builders themselves. Signed contracts to buy new homes fell 8.4 percent from the previous month, according to the U.S. Commerce … Continue reading

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KB Home launches ‘green’ communities in Bay area

KB Home (KBH: 5.41 +2.66%) wants to build energy-efficient homes on nearly 900 lots in several San Francisco Bay area communities. But will reticent consumers want to buy? The Los Angeles-based volume builder — whose stock price tumbled Wednesday to … Continue reading

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