US House Price Graph 2004-2011


Archive for the 'homebuilders' Category

Moody’s Cuts D.R. Horton to Junk

Wednesday, December 19th, 2007

From Bloomberg: D.R. Horton Credit Ratings Cut to Junk Status by Moody’s (hat tip Matt)
D.R. Horton Inc., the fourth-largest U.S. homebuilder … ratings were lowered to Ba1 on concern that a housing recovery won’t begin before 2009 …
The public builder BKs are coming. I’m not saying Horton will go BK, but more of the […]

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Posted in New Home Sales, homebuilders | No Comments »

Home Builders and Homeownership Rates

Wednesday, December 5th, 2007

From 1995 to 2005, the U.S. homeownership rate climbed from 64% to 69%, or about 0.5% per year.
Click on graph for larger image.
The first graph shows the homeownership rate since 1965. Note the scale starts at 60% to better show the recent change.
The reasons for the change in homeownership rate will be discussed later […]

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Posted in housing economics, homebuilders | No Comments »