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Joint venture South Edge, led by KB Home, is being forced into involuntary bankruptcy.
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Their petition claims the build-out of Inspirata has been bungled by builders looking out for themselves.
But will their attitudes change when business starts picking up again?
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Developer partners with The Roanoke Group to buy $8.3 million worth of lots in Chicago and Northern California from bankrupt builder.
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California-based developer paid $20 million for 1,072 lots in 11 communities.
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David Weekley Homes, ranked 17 in overall BUILDER 100, nabs the number-three spot among private builders.
A brutal housing recession raises questions about standard operating procedures in the home building business.
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This past year saw unprecedented government intervention, the end of Kimball Hill Homes, falling starts, and growing financial difficulties for the nation's home builders.
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Catch up on the week's housing news with a view.
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Ken Love says housing market's downfall, particularly in Texas, finally undermined his company's prospects for viability.