Panitz Signature Homes Files for Chapter 7 Bankruptcy (BUILDER Online) Luxury home builder ends its 27-year run.

Dominion Homes Makes Some Changes at the Top (BUILDER Online) Company also announces a possible NASDAQ delisting.

Index Shows Record Drop for Home Prices (BUILDER Online) Miami, Tampa, Fla., and Detroit post largest price declines.

Arizona Immigration Law To Move Forward (BUILDER Online) Federal judge denies temporary restraining order; law goes into effect Jan. 1.

Mortgage Probes Face Big Hurdles (The Washington Post) Scrutiny grows, but banks' liability remains unclear.

U.S. Mortgage Applications Sink To Year Low (CNBC/Reuters) U.S. mortgage applications sank last week to the lowest level since the end of last year despite falling borrowing costs according to the Mortgage Bankers Association.

Orlando-Area Home Builder Says Incentives Are Creating Sales (The Orlando Sentinel) Taylor Morrison says that its Central Florida sales in October and November were stronger than expected as incentives tap into pent-up demand.

Michigan Builders Turn To Remodeling during Housing Slump (Kalamazoo Gazette) The housing slump has pushed down prices on many building supplies and labor. Contractors are scrounging for work, and the competition for projects has increased as new home builders, idled by lack of customers, have started bidding on the smaller remodeling projects.

Blog: Plan of Attack (BUILDER Online) Agree or disagree with the thoughts of BUILDER Editorial Director Boyce Thompson.

BUILDER Business Update (BUILDER Online) A weekly e-mail newsletter with breaking industry news on the business of building homes. Sign up for the BUILDER Business Update and other Hanley Wood newsletters.

Take the BUILDER Poll (BUILDER Online) What effect will Bush's mortgage plan have on the housing crisis?

From the Pages of BUILDER: A Tale of Two Master Plans (BUILDER Online) The redevelopment of a blighted waterfront neighborhood in Virginia and the grounds of a state mental hospital in Oregon show just how much public-private partnerships can accomplish. Check out more from the current issue of BUILDER.

Robb Crocker is the senior editor for BUILDER Online. Please e-mail any comments, questions, suggestions, and news tips to rcrocker@hanleywood.com.