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Home builders and lenders gather to discuss when a recovery may materialize and the challenges that could bring.
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Revenues fell 27% for the quarter, as closings dropped 31%.
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New orders rose 1% and the average price was up 2%, pushing new-order dollars up 3% from last year's quarter.
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Capital and where to find it remain the primary imperative.
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The company's change to its 2010 first quarter count improves the comparison to this year's first quarter immeasurably.
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Many industry watchers say the regulators' actions are all bark and no bite.
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Taylor Morrison's president says the deal won't change the company's strategy or operational model, at least in the near term.
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As attorneys general and regulators propose new terms for lenders, House Republicans and Bank of America balk.
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Joint venture South Edge, led by KB Home, is being forced into involuntary bankruptcy.
The answers to these tough questions will shape the home building industry's future.