(COLUMBUS, Ohio)M/I Homes Inc. said Thursday new contracts for homes as well as homes delivered both fell during the third quarter. New contracts stood at 456, down 19 percent from the third quart...READ MORE

(WASHINGTON)The federal government's $700 billion bailout of the financial industry could help homebuilders and mortgage lenders, but is unlikely to bring fast relief to anybody trying to buy ...READ MORE

(WASHINGTON)The recession in the U.S. housing market is expected to be deeper, longer and scarier if lawmakers continue to be deadlocked in their effort to pass a $700 billion bailout of the f...READ MORE

(NEW YORK)As Wall Street reveled in risky debt earlier this decade, manufacturers like Caterpillar Inc. guarded their cash. Now, with credit markets so volatile, the party poopers seem in th...READ MORE

(WASHINGTON)Shares of major homebuilders soared Thursday as the government prepared plans to buy up mortgage-related debt that has plummeted in value over the past year.READ MORE

(WASHINGTON)Shares of most major homebuilders rose Tuesday afternoon after Federal Reserve policy makers left a key interest rate unchanged and an index showed industry executives' sentiment i...READ MORE

(WASHINGTON)Battered housing developers are a getting a bit more optimistic about their prospects for the next six months, an index of the sector's confidence showed Tuesday.READ MORE