President Bush signs the housing rescue package into law, the Beazer-built ‘Extreme Makeover’ house enters foreclosure, and Kimball Hill Homes loses its founder.
ROLLING MEADOWS, Ill. - By the end of September, Kimball Hill Homes, the industry's 22nd-largest builder based on 2006 closings, expects to complete its exit from the Portland, Ore., market, where it is disposing of $15 million in land assets.
Today's housing markets should continue to flourish even as the Fed shifts from deflation-fighting policies to concerns over an expanding economy.
