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Midwest Home Sales Continue to Gain Ground: BMO Harris
CHICAGO, Jan. 26, 2012 /PRNewswire/ -- According to the industry figures released, U.S. pending home sales in December dipped 3.5 percent, representing a slight setback from four straight gains and the highest sales levels in over a year and a half.
Faye DeSanto Selected For "2011 Westchester Real Estate Agents"
Faye DeSanto of Somers, NY has been honored with a recognition by Westchester Magazine in its selection of "2011 Westchester Real Estate Agents."
SOMERS, N.Y., Jan. 18, 2012 /PRNewswire-USNewswire/ -- Announcing a special recognition appearing in the October 2011 issue of Westchester Magazine published by Spotlight Publications, LLC, Faye DeSanto was selected for the following honor: "2011 Westchester Real Estate Agents"
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Faye DeSanto commented on the recognition: "This is quite an honor for me.
Terri Chapman Selected For "2012 Sacramento Real Estate Agents"
Terri Chapman of El Dorado Hills, CA, has been honored with a recognition by Sacramento in its selection of "2012 Sacramento Real Estate Agents."
EL DORADO HILLS, Calif., Feb. 17, 2012 /PRNewswire-USNewswire/ -- Announcing a special recognition appearing in the February, 2012 issue of Sacramento published by Sacramento Magazine Corporation, Terri Chapman was selected for the following honor:"2012 Sacramento Real Estate Agents"
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Terri Chapman commented on the recognition: "This is quite an honor for me.
Debbie Hymen Selected For "2011 Chicago Real Estate Agents"
Debbie Hymen of Highland Park, IL has been honored with a recognition by Chicago in its selection of "2011 Chicago Real Estate Agents."
HIGHLAND PARK, Ill., January 23, 2012 /PRNewswire-USNewswire/ -- Announcing a special recognition appearing in the October 2011 issue of Chicago published by Tribune Company, Debbie Hymen was selected for the following honor: "2011 Chicago Real Estate Agents"
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Debbie Hymen commented on the recognition: "This is quite an honor for me.
Ken Lemberger Selected For "2011 Chicago Real Estate Agents"
Ken Lemberger of Roselle, IL, has been honored with a recognition by Chicago in its selection of "2011 Chicago Real Estate Agents."
ROSELLE, Ill., Jan. 24, 2012 /PRNewswire-USNewswire/ -- Announcing a special recognition appearing in the October, 2011 issue of Chicago published by Tribune Company.
The Richman Group Closes Institutional Tax Credit Fund with $257 Million in Equity
GREENWICH, Conn., Jan. 5, 2012 /PRNewswire/ -- The Richman Group Affordable Housing Corporation, the nation's leading sponsor of equity funds for affordable housing for the past five years, announced it has closed a $257 million fund, U.S.A.
Illinois Home Sales surge 14.8 percent in final quarter of 2011
SPRINGFIELD, Ill., Feb. 9, 2012 /PRNewswire-USNewswire/ -- According to the Illinois Association of REALTORS® fourth quarter 2011 report, Illinois home sales (single family and condominiums) totaled 25,394, up 14.8 percent from 22,114 home sales in the fourth quarter of 2010.
Lennar Reports Fourth Quarter EPS of $0.16
MIAMI, Jan. 11, 2012 /PRNewswire/ --
2011 Fourth Quarter
Revenues of $952.7 million – up 11%
Net earnings of $30.3 million, or $0.16 per diluted share, compared to $32.0 million, or $0.17 per diluted share
Lennar Homebuilding operating earnings of $25.2 million, compared to $27.0 million
Gross margin on home sales:
21.6% (excluding valuation adjustments of $17.9 million) - improved 80 basis points
19.4% (including valuation adjustments) - improved 170 basis points
S,G&A expenses as a % of revenues from home sales of 13.8%, improved 30 basis points
Operating margin on home sales:
7.8% (excluding valuation adjustments of $17.9 million) - improved 110 basis points
5.6% (including valuation adjustments) - imp ...
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