After a disastrous fiscal year, public builders are reporting their losses, discussing preliminary numbers, and releasing their plans to avoid catastrophe this time around. Here is the latest on the public home builders, courtesy of our sister magazine Big Builder.
Meritage reported that it is swapping stock for debt, improving its balance sheet.
M/I reports a $75.4 million loss in its 4th quarter, but CEO Robert Schottenstein is hopefully about the unveiling of its "very strong line of affordable homes."
Claire Koltko is associate editor, copy, at BUILDER magazine.