Archives for July 2007
Ryland Sees No Market Improvement
Ryland’s net sales also fell 17 percent year over year in the second quarter, from 3,023 in 2006 to 2,521 this year. Compared to the first quarter of 2007, sales were down most in Texas, and off in the Southeast and North, but Ryland’s sales in the West were actually up 7 percent, Dreier said.
“Sales [...]
29 July 2007 | Business, Construction, General | No Comments
D.R. Horton posts quarterly loss after charges
Another builder is having trouble…
D.R. Horton Inc, the largest U.S. home builder, on Thursday reported its first quarterly loss as a public company after taking more than $1 billion of charges, chiefly related to the lower value of land and other assets.
For its fiscal third quarter, ended June 30, D.R. Horton posted a loss of [...]
29 July 2007 | Business, Construction, General | No Comments
Ahead of the Bell: Pulte Homes
Pulte Homes Inc. faces an uncertain future, analysts said Thursday, a day after the company said it swung to a second-quarter loss amid a struggling housing market.
After the bell Tuesday, Pulte reported a loss of $2.01 per share on $2.02 billion in revenue. Sales dropped 40 percent for the quarter, and the company took almost [...]
29 July 2007 | Business, Construction, General | No Comments
Inbox Zero from 43 Folders
Merlin Mann, a productivity expert of the highest caliber, and founder of the 43 Folders website, has a wonderful approach to dealing with the onslaught of email. Most professionals nowadays are faced with more than 100 email messages each day. Obviously spam factors into that count, but how many of us don’t spend more than [...]
29 July 2007 | Business, General, Technology | No Comments
Beazer Homes says SEC probe involving company now ‘formal’
Beazer Homes USA Inc. said Monday that an informal Securities and Exchange Commission inquiry to determine if any person or entity related to the company violated securities laws has become formal.
The Atlanta-based homebuilder said in an SEC filing issued after the market closed that on Friday it received a “formal order of private investigation” issued [...]
29 July 2007 | Business, Construction, Construction and Law | No Comments
Insider Q&A hears from construction-quality expert
Don Neff is president of La Jolla Pacific Ltd., an Irvine-based consulting firm that advises homebuilders on ways to improve the quality of their construction and avoid construction-defect claims. The firm operates in 10 states and claims to have assisted 1,000 clients in the building of more than 50,000 homes. Register reporter Jeff Collins spoke [...]
28 July 2007 | Business, Construction, Construction Defect, Construction and Law, Experts, Litigation | No Comments
Proposal To Ban EIFS By Oregon State Senators Moves Forward
In a unanimous vote of 26-0, Oregon State Senators, led by Senator Jackie Winters (R-Salem), voted to ban the use of synthetic stucco on Oregon homes. This decision came after Senator Winters told the story of an 11-year old Salem resident, Whitney McClain, who is currently being treated for multiple brain tumors after a mold [...]
12 July 2007 | Construction, Construction Defect, Construction and Law, Litigation | No Comments
