When a builder goes bankrupt, the damage is felt far beyond its own company.
Late filing shows Atlanta builder recorded a $138 million loss in Q1 and $230 million in Q2.
More than 243,000 properties received foreclosure filings in April.
Agency says reports about suspicious transactions jumped 31 percent last year; slumping housing market is perfect for many scams.
Pace of starts and permits falls below one-million mark in March.
Overall housing activity down by nearly one-third compared to last year.
Decreasing single-family starts and permits indicate that the housing market will continue to be sluggish as builders work off inventory.
Mortgage giant forecasts national home price declines between 7 percent and 9 percent for 2008
“What I have is our corporate culture as well as the individuals working here. That’s our key differentiator.”
Though many small builders closed their doors with little fanfare in 2007, public builders were in the national news on a weekly basis for s...
To say that jobsite theft is rampant in home building would be an understatement. In a recent Builder survey, 90 percent of respondents said...
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