Ryland shares gain on housing market performance
[wikichart align=”right” ticker=”NYSE:RYL” showannotations=”true” livequote=”true” startdate=”24-04-2014″ enddate=”24-10-2014″ width=”300″ height=”245″] Based in part on a 7.2 percent increase in third-quarter orders for new units, Westlake Village-based national homebuilder Ryland Group was trading higher Thursday after projected earnings beat Wall Street analyst expectations. Shares of Ryland Group closed at $35.78 on Oct. 23. The company reported a Read More →
Ryland’s Q3 profits jump 415% on higher home sales
Westlake Village-based Ryland Group made a roaring comeback in the third quarter, with profits up 415 percent to $53.6 million. The parent company of national homebuilder Ryland Homes said revenue rose 60.7 percent to $576.4 million on higher sales as the housing market continued to rebound.
Developer Mangano put its chips on high-end downtown SLO homes
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Ryland trims first-quarter loss as home sales pop
National homebuilder Ryland Group narrowed its first-quarter loss to $3 million from $17.4 milllion as orders for new homes jumped 46.6 percent. Ryland’s revenue climbed 28.7 percent year-over-year to $215.9 million as home orders and closings rose in tandem with average closing prices. The company, which last year moved its headquarters to Westlake Village, said Read More →
City Ventures looks to Ventura for Periwinkle Avenue home sites
City Ventures is building 47 single-family homes in Ventura after the successful debut of a town home development in Santa Barbara’s East Beach area.
Want to build a subdivision? Call the University of California
The University of California system is putting its Hansen Trust property in Ventura back on the market.
Why developers are building new homes in the region again
A few homebuilders are cautiously tiptoeing off the sidelines and putting new single-family inventory on the market.