The hard times that began in 2006 for the housing industry dragged on through 2008. That was especially true for those companies that compose our Builder 100, whose market share of total closings fell last year to 38.7 percent from 41.2 percent in 2007. More
The Indianapolis-based builder of entry level homes closes its doors after 26 years. More
With the threat of a continued downturn, builders are faced with no-win propositions. More
Tom Eggleston contracts with the Benham REO Group for commercial rights to handle and remarket lender-owned properties in six states. More
The cascade of foreclosures puts a new spin on pricing and selling houses. More
C.P. Morgan's CEO sees forces colliding in negative ways that could crush many companies. More
When C.P. Morgan Communities chose Charlotte, N.C., as its first expansion market, in 2004, it selected it from 25 cities the builder had analyzed along seven statistical categories and 25 subcategories. Since entering Charlotte, the builder has broken down that metropolis into 20 submarkets and reapplied its analytical model to each with an eye toward spotting demographic and growth trends and developing a price curve for its products. More
It took C.P. Morgan Communities 18 months of research before it chose Charlotte,... More
Two senior management executives of top 20 private builder, Indianapolis-based C.P. Morgan Communities, will leave the company next month, as owner/CEO Charles P. Morgan resumes a greater operating role in the company. More