Enter multiple symbols separated by commas

Homebuilding Giants Explain the State of the Sector

Real estate giants gathered in New York City on Thursday for the Bank of America Homebuilder Conference. CNBC has the highlights from the conference.

Pulte’s Strategy

“We believe land has value for the long-run. Many of the builders are selling land on bulk land sales, so they’re discounting them quite heavily. We’re also impairing our lands, so we think having that value in the time of an upturn gives us the opportunity to play back in as demand comes back into the market…We do have the opportunity when the selling effort comes back from the consumer side and when the confidence comes back to be able to sell those homes and still have the land.”

- Roger Cregg, Pulte HomesCFO

Hovnanian's Hurting

"The housing environment is difficult. All public builders are having trouble reporting profits. The focus is on liquidity on cash flow both for our company and the industry. It's a challenging time and we just have to weather through it."

- Ara Hovnanian, Hovnanian president & CEO

The Toll On Housing

"We look for increased deposits and increased traffic. When we see that, we'll know we're back."

- Robert Toll, Toll Brotherschairman & CEO

Contact Real Estate


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.
  • Diana Olick

    Diana Olick serves as CNBC's real estate correspondent as well as the editor of the Realty Check section on CNBC.com.

Home prices and supply map

  • Track the latest moves in sales, prices and inventory in some of the largest housing markets across the country.

Latest Special Reports

  • Tips on the best-performing portfolio strategies and global market trends that can help you become a smarter investor.

  • From left: Sergey Brin, Dick Costolo, Ryan Seacrest

    Code Conference, from those who produced D: All Things Digital Conference, addresses the impact of digital technology on our lives and businesses.

  • Financial Advisor

    CNBC looks at how technology, product development, succession plans and client relations impact financial advisory firms.