Beazer Homes USA News Archives

“It's like, 99 percent of the builders. You've got businesses declaring bankruptcy.”

REPAIR WORK: JLW Homes says it is working hard to make things right with residents who bought its houses. via Atlanta.creativeloafing.com

Atlanta-based Beazer Homes has partnered with organizing expert, Monica Ricci, to develop new home features designed to help homeowners reduce clutter, increase storage and use their space more efficiently. via What's Up Daybook

Six Builders, including Atlanta-based Beazer Homes USA Inc. , have agreed to pay $1.4 million to settle federal allegations that they illegally established title insurance companies that took payments for a ... via Atlanta Business Chronicle

“There's no legitimate purpose for captive title reinsurance when it comes to single-family homes”

HUD settles captive reinsurance claims for $1.4 million Six home builders deny wrongdoing Without admitting wrongdoing, six major home builders have agreed to pay nearly $1.4 million to settle charges that ... via Inman

Sneak Preview for Media to Meet with Organizing Expert Monica Ricci and Tour New Homes ANNOUNCEMENT: Atlanta-based Beazer Homes has partnered with organizing expert, Monica Ricci, to develop new home features ... via What's Up Daybook

“We caution that one month of new home sales data does not make a trend, as these data are volatile and often revised over the three months following”

Housing stocks turned mostly higher Thursday after the sector got some unexpected good news on new home sales. via Forbes

“The home office clearly has to be as efficient as a well-tooled garage or hard-working kitchen, and yet as personal as a bathroom retreat”

Tips and Trends for a Working Home Office The home office, long a nomad roving from space to space and room to room, has staked a permanent claim on new home construction. via Eastern Group Publications

Housing starts fell more than 10% in September. It was the worst drop since 1993, according to data issued by the Commerce Department. via Fool.com

“As soon as the stocks start to go in the opposite direction people rush to cover their gain”

Shares of home builders soared on Monday as a frenzy of short sellers bought stock to cover their positions, giving the overall housing stock index its greatest one-day gain in about five years. via Earth Times

U.S. stocks rebounded from the worst week in two months on speculation banks and homebuilders, two of the poorest-performing industries this year, are takeover targets. via Bloomberg Business News

Beazer Homes USA confirms that it violated U.S. government rules to assist buyers of its houses in qualifying for federally guaranteed mortgages. via Realtor Magazine

It looks like the house of cards homebuilder Beazer built for itself is in danger of collapse. via Motley Fool

“If you think this is bad, imagine what it's going to be like in the middle of the crisis.”

It took months of rising defaults, bankruptcy filings, and warnings from experts, but it looks as though the market finally gets it: Subprime mortgage loans are risky. via The Motley Fool

“A drop in home prices pushes up defaults and forces more leveraged borrowers into foreclosure. This, in turn, puts extra supply to the housing market and pushes down home prices at the margin and the cycle starts again ultimately.”

Pol/Econ : Upside Down Homeowners Move over subprime ARMs - there's a new beast to deal with in the housing market. via Bits of News

“The brick requirement was inadvertently overlooked by multiple parties in the process.”

For Beazer Homes USA, reconstructing portions of Prosperity Place may feel like getting hit with a ton of bricks.

Charlotte-Mecklenburg planning officials are forcing the company to rip out some vinyl siding and replace it with brick on about 50 townhomes, or half those in this northern Charlotte subdivision.

The company failed to install more expensive brick on street-facing facades when it built the townhomes, city planners said. The company filed building permits for the units needing the brick between 2004 and this year. Read more

Homebuilders were in focus again Friday, this time after Wachovia lowered its earnings estimates for this year and next on names across the sector. via TheStreet.com

“The evidence must have been so overwhelming that it would have been useless to continue the fight.”

On Thursday Beazer Homes USA confessed that employees of its mortgage subsidiary violated federal down payment assistance regulations. via Forbes.com

“In some ways, it kind of puts it behind them.”

The continued housing crunch is putting the Future of Fort Lauderdale-based home builder Levitt in doubt . via Mish's Global Economic Trend Analysis

If you don't think you need an agent representing "you" when you deal with a new home builder, think again. via Mdrealestateblog.com

Beazer Homes USA , a major home builder, said yesterday that it had broken federal rules to help buyers of its homes qualify for federally insured mortgages. via New York Times

A fairly remarkable stat from a WSJ story tonight on homebuilder Beazer Homes trying to put recent issues behind it: Beazer reported that 68% of its prospective home buyers canceled their orders in the ... via Paul Kedrosky's Infectious Greed

Beazer Homes USA Inc. will have to restate its earnings for several years after an internal investigation found the company's mortgage subsidiary violated certain U.S. Department of Housing and Urban ... via Atlanta Business Chronicle

Name: Tom DeRue. Title: Corporate attorney at BremnerDuke Healthcare Real Estate. via IndyStar.com

Exactly how many times can that dead cat bounce? For the third consecutive day yesterday, shares of some of the biggest homebuilders rallied, rising more than 7%. Investors have rushed in to scoop up shares, ... via Fool.com

“Beazer is pursuing a loophole”

Creditors holding $1.5 billion in debt extended to Atlanta-based Beazer Homes over the past five years have drawn their line in the sand, insisting that Beazer either provide a certified financial statement for ... via The Atlanta Journal-Constitution

The Cameo Homes Parkfield project was approved for a time extension on its tentative tract map, conditional use permit and design review. via Desert Sun