Trends in Building and Lending - Owning Less Expensive Than Renting in How Many States?

Posted To: Pipeline Press

All the housing statistics this week made my head spin. How good would you be at building your own house? Here's a short 10 question quiz that will see if you're up to it. (Hint: it helps if you know what a stud is.) Here's something new in the builder world, besides a lack of buildable land and difficulty finding skilled workers: the board of directors at Pulte Homes changed, adding members due to shareholder activism. Yesterday the Atlanta-based home builder reported that second-quarter profits grew 14 percent from last year on a 41 percent gain in revenue. But arguably of more interest PulteGroup also announced an agreement with New York hedge fund Elliott Management, which built a 4.7 percent stake in the company. "While it is unfortunate that it took my actions - and one of the world...(read more)

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