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5 fastest growing (and shrinking) states by GDP
8 Jun 2012
A new report from the U.S. Bureau of Economic Analysis offers a state-by-state breakdown of real gross domestic product last year. North Dakota saw the largest GDP gain in 2011, up 7.6 percent, while Wyoming experienced the steepest decline (-1.2 percent).
The economies in all but six states expanded in 2011, led by North Dakota and Oregon. Other big gainers were West Virginia, Texas, and Alaska.
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Taylor Morrison acquisition finalized for $955 million
14 Jul 2011
PHOTO: Taylor Morrison CEO and President Sheryl Palmer
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Beazer Homes CEO steps down, replaced by CFO
13 Jun 2011
Beazer Homes USA today announced that Allan Merrill has been appointed president and CEO and has been elected to the board of directors. In addition, Robert (Bob) Salomon has been appointed EVP and CFO. Merrill succeeds Ian J. McCarthy, who is leaving the builder after 17 years of service and has resigned from the board of directors.
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KB Home, PulteGroup top Professional Builder's ranking of largest builders in California
4 Jun 2011
With more than 1,900 closings in California in 2010, KB Home tops Professional Builder's ranking of the top 30 home builders in the Golden State. The builder, which ranked No. 5 on PB's national Housing Giants list, had 1,910 closings in California to top the list. PulteGroup had 1,809 closings in 2010 to take the No. 2 spot on the list, followed by Lennar (1,753), D.R. Horton (1,329), Standard Pacific Corp. (1,161), Shea Homes (1,081), and Sares-Regis Group (1,014).
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S&P/Case-Shiller: Home prices back to mid-2002 levels
31 May 2011
Home prices nationally declined by 4.2 percent in the first quarter of 2011 after having fallen 3.6 percent in the fourth quarter of 2010 and have now regressed to their mid-2002 levels, according to the S&P/Case-Shiller Home Price Index released this morning.