Money magazine is a pretty good gauge of the overall climate on Wall Street. So what, according to its December issue, is today’s best stock value? In an article titled “The Rock,” it is none other than the housing industry’s financial partner, F

The projected 10% decline in starts won’t deal the industry a fatal blow

Fannie Mae economist David Berson concedes that the U.S. economy is in a recession but says it likely will be short and that the recovery, by the second half of 2002, should be strong.

Fannie Mae’s chief economist explains why the current downturn might not be so hard on home builders.

On a dusty pull-down menu of my Web browser, I recently came across a link I had not viewed in a while -- an online portfolio of home builder stocks I had set up months ago.

This steady diet of news about an economy gone soft has created a case of national nervousness that has some predicting, as Chicken Little once did, “the sky is falling!”

Seeing signs that high consumer confidence, high job growth and increasing wages will spur continued strength in the home building industry next year, D.R. Horton chief executive Don Tomnitz, also thinks a softening stock market may actually help build..

Del Webb Corp., the nation’s largest builder of active adult communities last month rejected a takeover bid by J.F. Shea & Co. and minimized chances for two Shea executives to win board seats when the company’s shareholders convene on Nov. 2.

July 2000 total housing starts were at a seasonally-adjusted annualized level of 1.512 million units, down 3.3% from the June total and 11.3% lower than during July of 1999.