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Homebuilders hunt for land

Las Vegas : NV : USA | 29 days ago  
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While experts don't see a full-blown land rush, they notice a surge in land deals since early summer as home sales and prices began to stabilize. For the better lots, the competition is fueling bids well above the asking price. It was primarily investors buying lots in Las Vegas for the past two to three...
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  • News Source: Las Vegas Review-Journal / Sun | 28 days ago
    While experts don't see a full-blown land rush, they notice a surge in land deals since early summer as home sales and prices began to stabilize. For the better lots, the competition is fueling bids well above the asking price. It was primarily...
  • News Source: Seattle Times | 29 days ago
    The housing bust left homebuilders with plenty of red ink on their books as they walked away from swaths of land they no longer needed. But now homebuilders are on the hunt again, vying for choice parcels even in foreclosure-riddled markets like Las...
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