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But few banks, despite their high volume of REO properties, seem to avail themselves of these services.
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A partnership between Suncal and The Roanoke Group, a private real estate investment company, has bought 734 former Kimball Hill Homes lots in Chicago and Northern California out of bankruptcy for $8.3 million, Suncal announced. The deal included 552 lots, most finished, in seven separate projects...
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For the first time in a long time, a new master-planned community is opening in Phoenix. Even more unusual, unlike most new developments that are catering to starter-home buyers, this one caters to the move-up market. Lennar is opening a sales center and three model homes at Estates of Lone...
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Starwood Land was forced to up its bid on the 5,499 home lots and 36 model homes by $20 million to win the auction for the property of TOUSA's defunct Engle Homes brand. It agreed to pay $81 million, roughly $14,730 a lot, not including the model homes for the properties, said John Sussberg, an...
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With Spaces, Shea Homes bets it can give young buyers a home they want to call their own.
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Starwood Land Ventures has made the opening bid on virtually all of bankrupt TOUSA's Forida assets. The Bradenton, Fla.-based real estate development and investment company has bid just more than $61 million for 5,499 home lots and 36 model homes TOUSA owns mostly through its Engle Homes brand...
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Toll Brothers, the nation's leading builder of luxury homes, is lowering prices and introducing new, slightly smaller designs in one of its West Palm Beach communities.
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A Houston-based firm does all the heavy lifting in marketing and executing the resales.
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After sleeping on the floors of his model homes for 52 nights and selling 101 houses, the 72-year-old goes home to his own bed.
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Entrepreneurs are starting up new home building businesses across the country. With low overhead and unencumbered by past debts, the builders say they are nimble enough to survive now and positioned to thrive when the market rebounds.