Home Builders Seen Beating Predictions - 2004-03-20
Now is not the time to put the sell signal on U.S. home builder stocks.

A tight supply of buildable land and rock-bottom mortgage rates have helped plump up earnings for some of the larger home construction companies last year.

This week the U.S. Federal Reserve kept interest rates at 1958 lows and signaled that it was in no rush to raise borrowing costs until the job market posts a meaningful rise.
Read the full story at Reuters Asia

Companies Reshape Home-Selling Landscape - 2004-03-20
The high-flying residential real estate industry, dominated by small businesses, has attracted two conglomerates looking to use home sales as a gateway to provide other cash-rich services.

Low mortgage rates have helped to push the number of homes sold to about 6.1 million last year, according to the association. The average buyer now changes homes every seven years, instead of staying in the same one for his or her adult life.
Read the full story at Reuters via Yahoo! News