Posts Tagged ‘homebuilders’

Survey says home builder confidence highest since 2007

Builder confidence in the market for newly built, single-family homes is at its highest level since the housing market collapse, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) shows. The survey released last Tuesday by the homebuilders and national banking giant measures “sentiment” and reports that the confidence level nudged up one […] [...]

Subcontractors offered chance at MDA-Neighborhood Home Project

BILOXI — On Jan. 23, Roy Anderson Corp, Habitat for Humanity of the Mississippi Gulf Coast, Gulf Construction Company and the South Mississippi Contract Procurement Center will host a subcontractor outreach event for the purpose of meeting local qualified subcontractors interested in procuring contracts for the MDA–Neighborhood Home Project in Harrison County. The event will […] [...]

Judge approves Chinese drywall settlement

NEW ORLEANS — A Chinese drywall manufacturer would pay hundreds of millions of dollars to resolve court claims by thousands of Gulf Coast property owners who say the product wrecked their homes, under a deal that won preliminary approval yesterday from a federal judge. In his order, U.S. District Judge Eldon Fallon said he believes […] [...]

Contractor admits guilt to aiding, abetting embezzlement

OXFORD — A building contractor pleaded guilty yesterday to participating in a kickback scheme involving the South Delta Regional Housing Authority, which promotes affordable housing for the poor in the impoverished Mississippi Delta. Court records show Jimmy Johnson pleaded guilty in U.S. District Court in Oxford to aiding and abetting embezzlement. Johnson and housing agency […] [...]

Settlement reached in tainted Chinese drywall case

NEW ORLEANS — A settlement outlined yesterday between a major manufacturer of Chinese-made drywall and homebuilders who used the tainted product in Florida, Texas, Louisiana and Mississippi could affect anywhere from 800 to 1,500 homes, attorneys said. Lawyers called it a significant step toward resolving problems with some 10,000 buildings blamed on the drywall. Plaintiffs’ […] [...]

Home builders lose confidence

LOS ANGELES — The National Association of Home Builders says its housing market index slipped in March, as harsh winter weather and competition from foreclosed properties hurt builders’ sales prospects. The Washington-based trade association said Monday its index slipped two points to 15, back to its January level. Readings below 50 indicate negative sentiment about […] [...]

Eaton makes donation to Habitat

JACKSON — Eaton’s Aerospace facility in Jackson has made a donation of $60,000 to Habitat for Humanity/Metro Jackson. Eaton’s Jackson plant manager Brian Edwards said, “On behalf of the 500 employees of Eaton’s facility in Jackson, we are pleased to support Habitat for Humanity/Metro Jackson because of the outstanding work this organization is doing to […] [...]

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