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New home sales dip with low supply
Sales of new homes dipped last month. The Commerce Department reported that newly built homes sold at a seasonally adjusted annual rate of 411,000 in February. That was 4.6% below the previous month but up 12.3% over the year. New-home sales numbers...Tags: Real Estate Sales, Homes
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L.A. builder KB Home narrows loss as home building ramps up
Los Angeles homebuilder KB Home, one of the largest production homebuilders in Southern California, narrowed its loss to $12.5 million in the first quarter as the outlook for new construction improved. While still in the red, that loss was an...Tags: House Building
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KB Home teams with Nationstar Mortgage to offer home buyers loans
KB Home and Nationstar Mortgage Holdings Inc. are forming a joint venture that will offer home loans to KB customers across the country, so they can shop for a house and a mortgage at the same time. Nationstar, of Lewisville, Texas, agreed last year...Tags: Loans, Joint Ventures, Finance, Countrywide Financial Corp., Corporate Officers
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Occidental's Stephen Chazen tops list of value-generating CEOs
When it comes to creating value, Occidental Petroleum Corp. Chief Executive Stephen I. Chazen beats out other Southern California business leaders, according to a new report from Pepperdine University. Chazen helped his Los Angeles company pull in $3.4...
Tags: Google+, Food Industry, Walt Disney, Occidental Petroleum Corp., Companies and Corporations
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Bank of America turns foreclosure-facing homeowners into renters
Bank of America: Lenient landlord? The bank is launching a pilot program that would allow customers with underwater mortgages to avoid foreclosure by becoming renters. In its testing stages, the Mortgage to Lease program will involve fewer than 1,000...
Tags: Real Estate, Foreclosures, Rentals, Homes, Services and Shopping
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KB Home hosts complimentary cake decorating event at new model homes
KB Home is celebrating the grand opening of its newest community, Berkshire Place, Saturday, Jan. 14, from 1 to 4 p.m., 8601 Summer Waves Way, in Laurel. The public is invited to see the townhouse designs and participate in a cake decorating class by... -
Chamber's interim director brings skills
Chamber of Commerce interim Executive Director Kristine Thalman finds working and living in her hometown exhilarating, if a little demanding. "You have a vested interest," said Thalman, who has headed the chamber staff since last September. "It is...Tags: Diane L. Harkey, Local Government
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Pending home sales down monthly but up yearly
Indications that the housing market is shaky but generally improving are continuing to roll in: February’s pending home sales – which represent signed contracts for home purchases – are up over the year but down from January, according...
Tags: Real Estate Sales, Real Estate, Homes, Rentals, Services and Shopping
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New home sales fall 1.6% in February; KB Home orders tumble
So much for the glut of glowy economic news: The housing market remains wobbly as new home sales slipped for the second month in a row, sinking 1.6% in February. Sales of new properties for single families dipped to an annual rate of 313,000 from...
Tags: Real Estate Sales, Economic Indicator, Real Estate, House Building, Homes
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KB Home earnings fall, but orders increase
Money & CompanyLos Angeles home builder KB Home posted lower earnings in the fiscal fourth quarter compared with a year earlier as the company sold fewer homes in higher cost areas. But another development signaled some cause for optimism: New orders for...... -
KB Home posts second-quarter loss
Money & CompanyLos Angeles home builder KB Home widened its loss in its second quarter as the housing market stalled and the company continued to suffer the fallout from the bankruptcy of a Las Vegas development. The company posted a net loss...... -
KB Home's loss widens, but orders for new homes rise
Money & CompanyKB Home's loss widened slightly in the third quarter as the nation's housing market continued to show weakness, though the company said orders for new homes increased....
Mar 26, 2013
|Story| Los Angeles Times
Mar 21, 2013
|Story| Los Angeles Times
Jan 22, 2013
|Story| Los Angeles Times
May 3, 2012
|Story| Los Angeles Times
Mar 23, 2012
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Jan 12, 2012
|Story| Baltimore Sun
Jan 19, 2012
|Story| Coastline Pilot
Mar 26, 2012
|Story| Los Angeles Times
Mar 23, 2012
|Story| Los Angeles Times
Dec 21, 2011
| Los Angeles Times
Jun 29, 2011
| Los Angeles Times
Sep 23, 2011
| Los Angeles Times
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